United Arab Emirates: Pork Market 2024

Pork Market Size in the United Arab Emirates

In 2022, the pork market in the United Arab Emirates decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021, and then declined significantly in the following year.

Pork Exports

Exports from the United Arab Emirates

In 2022, the amount of pork exported from the United Arab Emirates reduced dramatically to X tons, waning by X% on the previous year's figure. Overall, exports, however, showed a modest increase. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, pork exports reduced notably to $X in 2022. In general, exports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Kenya (X tons) was the main destination for pork exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, pork exports to Kenya exceeded the volume sent to the second major destination, Seychelles (X tons), more than tenfold. Maldives (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kenya stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Seychelles (X% per year) and Maldives (X% per year).

In value terms, Kenya ($X) emerged as the key foreign market for pork exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Iraq ($X), with an X% share of total exports. It was followed by Seychelles, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kenya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Seychelles (X% per year).

Export Prices by Country

In 2022, the average pork export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Pork Imports

Imports into the United Arab Emirates

In 2022, after two years of growth, there was significant decline in overseas purchases of pork, when their volume decreased by X% to X tons. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, pork imports fell dramatically to $X in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2021, and then fell notably in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of pork to the United Arab Emirates, accounting for a X% share of total imports. Moreover, pork imports from Brazil exceeded the figures recorded by the second-largest supplier, Canada (X tons), more than tenfold. Russia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Russia (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of pork to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Canada (X% per year).

Import Prices by Country

The average pork import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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