GCC: Preserved Cows Meat Market 2025

Preserved Cows Meat Market Size in GCC

The GCC preserved cows meat market expanded modestly to $X in 2021, rising by 3% against the previous year. Overall, consumption, however, continues to indicate buoyant growth. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

Preserved Cows Meat Production in GCC

In value terms, preserved cows meat production stood at $X in 2021 estimated in export price. Overall, production, however, posted prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 64%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Preserved Cows Meat Exports

Exports in GCC

In 2021, approx. X tons of prepared or preserved meat or offal of bovine animals were exported in GCC; shrinking by -28.1% against the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 88%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, preserved cows meat exports fell rapidly to $X in 2021. Overall, exports, however, showed temperate growth. The most prominent rate of growth was recorded in 2013 with an increase of 104% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, resulting at X tons, which was near 90% of total exports in 2021. It was distantly followed by Saudi Arabia (X tons), generating a 6% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the prepared or preserved meat or offal of bovine animals exports, with a CAGR of +2.9% from 2012 to 2021. Saudi Arabia (-15.1%) illustrated a downward trend over the same period. The United Arab Emirates (+19 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by -21.1% from 2012 to 2021, respectively.

In value terms, the United Arab Emirates ($X) remains the largest preserved cows meat supplier in GCC, comprising 92% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 3% share of total exports.

In the United Arab Emirates, preserved cows meat exports expanded at an average annual rate of +9.0% over the period from 2012-2021.

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, surging by 7.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2014 an increase of 12% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.9%).

Preserved Cows Meat Imports

Imports in GCC

In 2021, after two years of growth, there was decline in overseas purchases of prepared or preserved meat or offal of bovine animals, when their volume decreased by -4.6% to X tons. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 119% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, preserved cows meat imports amounted to $X in 2021. Overall, imports, however, showed a measured increase. The most prominent rate of growth was recorded in 2016 when imports increased by 99%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) represented the major importer of prepared or preserved meat or offal of bovine animals, creating 47% of total imports. Saudi Arabia (X tons) held the second position in the ranking, distantly followed by Bahrain (X tons), Kuwait (X tons), Qatar (X tons) and Oman (X tons). All these countries together took approx. 53% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +3.9% from 2012 to 2021. At the same time, Bahrain (+7.0%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of +7.0% from 2012-2021. Kuwait and Qatar experienced a relatively flat trend pattern. By contrast, Oman (-2.2%) and Saudi Arabia (-5.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United Arab Emirates and Bahrain increased by +13 and +4.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported prepared or preserved meat or offal of bovine animals in GCC, comprising 48% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 21% share of total imports. It was followed by Bahrain, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates totaled +3.9%. In the other countries, the average annual rates were as follows: Saudi Arabia (-1.8% per year) and Bahrain (+9.8% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, surging by 5.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Qatar ($X per ton) and the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) and Oman ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform