MENA: Meat Market 2024

Meat Market Size in MENA

The MENA's meat market declined slightly to $X in 2022, remaining relatively unchanged 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 only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Meat Production in MENA

In value terms, meat production reached $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of meat production was Turkey (X tons), comprising approx. X% of total volume. Moreover, meat production in Turkey exceeded the figures recorded by the second-largest producer, Egypt (X tons), threefold. The third position in this ranking was taken by Morocco (X tons), with a X% share.

In Turkey, meat production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Morocco (X% per year).

The average meat yield fell modestly to X kg per head in 2022, stabilizing at the year before. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the meat yield attained the peak level at X kg per head in 2021, and then fell slightly in the following year.

The global number of animals slaughtered for meat production dropped to X heads in 2022, waning by X% against the previous year's figure. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the number of producing animals increased by X%. Over the period under review, this number hit record highs at X heads in 2021, and then shrank slightly in the following year.

Meat Exports

Exports in MENA

In 2022, overseas shipments of meat increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw measured growth. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, meat exports soared to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates represented the major exporter of meat in MENA, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Turkey (X tons) and Saudi Arabia (X tons), together generating a X% share of total exports. The following exporters - Oman (X tons) and Iran (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to meat exports from the United Arab Emirates stood at X%. At the same time, Turkey (X%), Oman (X%) and Iran (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates and Turkey increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest meat supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

In the United Arab Emirates, meat exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Meat Imports

Imports in MENA

In 2022, the amount of meat imported in MENA totaled X tons, flattening at 2021 figures. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, meat imports totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by Egypt (X tons), Saudi Arabia (X tons), Israel (X tons), Iraq (X tons) and Kuwait (X tons) were the largest importers of meat, together creating X% of total imports. The following importers - Qatar (X tons), Iran (X tons), Jordan (X tons), Algeria (X tons), Oman (X tons), Bahrain (X tons) and Lebanon (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat importing markets in MENA were the United Arab Emirates ($X), Israel ($X) and Egypt ($X), with a combined X% share of total imports. Saudi Arabia, Kuwait, Qatar, Jordan, Iraq, Iran, Oman, Bahrain, Algeria and Lebanon lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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