United Arab Emirates: Market for Sheep And Goat Meat 2024

Market Size for Sheep And Goat Meat in the United Arab Emirates

The sheep and goat meat market in the United Arab Emirates surged to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Sheep And Goat Meat in the United Arab Emirates

In value terms, sheep and goat meat production fell to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of sheep and goat meat in the United Arab Emirates declined slightly to X kg per head, which is down by X% against 2021. Over the period under review, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the yield reached the peak level of X kg per head, and then fell slightly in the following year.

In 2022, number of animals slaughtered for sheep and goat meat production in the United Arab Emirates was estimated at X heads, remaining stable against the previous year. This number increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, this number attained the peak level at X heads in 2020; afterwards, it flattened through to 2022.

Exports of Sheep And Goat Meat

Exports from the United Arab Emirates

In 2022, the amount of sheep and goat meat exported from the United Arab Emirates shrank remarkably to X tons, which is down by X% compared with 2021. In general, exports, however, showed a modest expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, sheep and goat meat exports dropped markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Oman (X tons) was the main destination for sheep and goat meat exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, sheep and goat meat exports to Oman exceeded the volume sent to the second major destination, Kuwait (X tons), twofold. Iraq (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Iraq (X% per year).

In value terms, the largest markets for sheep and goat meat exported from the United Arab Emirates were Oman ($X), Ghana ($X) and Sri Lanka ($X), together comprising X% of total exports.

Sri Lanka, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sheep and goat meat export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price 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, sheep and goat meat export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Australia ($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 Mali (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into the United Arab Emirates

In 2022, overseas purchases of sheep and goat meat increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, sheep and goat meat imports soared to $X in 2022. In general, total imports indicated a prominent expansion 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. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia (X tons), Kenya (X tons) and Ethiopia (X tons) were the main suppliers of sheep and goat meat imports to the United Arab Emirates, together accounting for X% of total imports. India, Sudan, Tanzania, Kazakhstan, Spain, Pakistan and New Zealand lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of sheep and goat meat to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Kenya ($X), with a X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

In 2022, the average sheep and goat meat import price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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