GCC: Meat Market 2025

Meat Market Size in GCC

The GCC meat market totaled $X in 2022, increasing 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 being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the immediate term.

Meat Production in GCC

In value terms, meat production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Saudi Arabia (X tons) remains the largest meat producing country in GCC, comprising approx. X% of total volume. Moreover, meat production in Saudi Arabia exceeded the figures recorded by the second-largest producer, the United Arab Emirates (X tons), twofold. The third position in this ranking was held by Oman (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Saudi Arabia totaled X%. The remaining producing countries recorded the following average annual rates of production growth: the United Arab Emirates (X% per year) and Oman (X% per year).

The average meat yield declined to X kg per head in 2022, which is down by X% against the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the meat yield hit record highs at X kg per head in 2021, and then reduced modestly in the following year.

The global number of animals slaughtered for meat production amounted to X heads in 2022, remaining stable against the previous year's figure. This number increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the number of producing animals increased by X%. Over the period under review, this number reached the maximum level at X heads in 2020; however, from 2021 to 2022, producing animals stood at a somewhat lower figure.

Meat Exports

Exports in GCC

In 2022, after two years of decline, there was significant growth in overseas shipments of meat, when their volume increased by X% to X tons. Over the period under review, exports posted notable growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The volume of export peaked 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. In general, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. 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 dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), making up a X% share of total exports. The following exporters - Oman (X tons) and Kuwait (X tons) - each accounted for a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the meat exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. By contrast, Kuwait (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest meat supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Kuwait, 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: Saudi Arabia (X% per year) and Kuwait (X% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while Oman ($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 GCC

Meat imports rose sharply to X tons in 2022, growing by X% against the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, meat imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The United Arab Emirates was the largest importer of meat in GCC, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. Saudi Arabia (X tons) held the second position in the ranking, distantly followed by Qatar (X tons), Kuwait (X tons) and Oman (X tons). All these countries together held approx. X% share of total imports. Bahrain (X tons) took a minor share of total imports.

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

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported meat in GCC, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by Qatar, with an X% share.

In the United Arab Emirates, meat imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform