GCC: Market for Meat of Camels and Other Animals 2024

Market Size for Meat of Camels and Other Animals in GCC

The GCC market for meat of camels and other animals contracted slightly to $X in 2022, leveling off at the previous year. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.8% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Meat of Camels and Other Animals in GCC

In value terms, camel and other animal meat production fell to $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.1% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 46% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Saudi Arabia (X tons) constituted the country with the largest volume of camel and other animal meat production, comprising approx. 65% of total volume. Moreover, camel and other animal meat production in Saudi Arabia exceeded the figures recorded by the second-largest producer, the United Arab Emirates (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Saudi Arabia stood at +8.9%. The remaining producing countries recorded the following average annual rates of production growth: the United Arab Emirates (+3.6% per year) and Oman (+7.9% per year).

The average camel and other animal meat yield shrank to X kg per head in 2022, which is down by -7.5% on the previous year's figure. The yield indicated buoyant growth from 2012 to 2022: its figure increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, camel and other animal meat yield increased by +129.3% against 2012 indices. The most prominent rate of growth was recorded in 2014 when the yield increased by 48% against the previous year. Over the period under review, the camel and other animal meat yield attained the maximum level at X kg per head in 2021, and then contracted in the following year.

In 2022, number of animals slaughtered for camel and other animal meat production in GCC was estimated at X heads, growing by 4.7% on 2021. In general, the number of producing animals, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 6.4% against the previous year. The level of producing animals peaked at X heads in 2017; however, from 2018 to 2022, producing animals stood at a somewhat lower figure.

Exports of Meat of Camels and Other Animals

Exports in GCC

After five years of growth, overseas shipments of meat of camels and other animals decreased by -12.7% to X tons in 2022. Over the period under review, exports, however, saw a modest expansion. The growth pace was the most rapid in 2014 when exports increased by 65% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, camel and other animal meat exports declined markedly to $X in 2022. In general, exports, however, posted a modest expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 46% against the previous year. The level of export peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

The United Arab Emirates represented the major exporter of meat of camels and other animals in GCC, with the volume of exports reaching X tons, which was near 88% of total exports in 2022. It was distantly followed by Oman (X tons), comprising a 10% share of total exports. Kuwait (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the meat of camels and other animals exports, with a CAGR of +35.4% from 2012 to 2022. At the same time, Oman (+18.4%) and Kuwait (+12.6%) displayed positive paces of growth. While the share of the United Arab Emirates (+83 p.p.) and Oman (+8.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest camel and other animal meat supplier in GCC, comprising 87% of total exports. The second position in the ranking was taken by Oman ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled +33.3%. In the other countries, the average annual rates were as follows: Oman (+19.2% per year) and Kuwait (+21.6% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, dropping by -3.5% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by 40% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

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 ($X per ton), while the United Arab Emirates ($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 (+8.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Meat of Camels and Other Animals

Imports in GCC

In 2022, imports of meat of camels and other animals in GCC surged to X tons, picking up by 68% against the previous year. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2018 with an increase of 119% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, camel and other animal meat imports expanded notably to $X in 2022. Overall, imports posted notable growth. The growth pace was the most rapid in 2018 with an increase of 78%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Saudi Arabia (X tons) and Oman (X tons) dominates imports structure, together constituting 94% of total imports. Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +40.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Oman ($X) constitutes the largest market for imported meat of camels and other animals in GCC, comprising 61% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Oman totaled +36.5%. In the other countries, the average annual rates were as follows: Saudi Arabia (+25.9% per year) and Qatar (-9.3% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, waning by -32.7% against the previous year. Overall, the import price saw a perceptible contraction. The growth pace was the most rapid in 2021 when the import price increased by 104% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+3.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform