GCC: Market for Sheep And Goat Meat 2025

Market Size for Sheep And Goat Meat in GCC

The GCC sheep and goat meat market reached $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Sheep And Goat Meat in GCC

In value terms, sheep and goat meat production rose notably to $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 being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Saudi Arabia (X tons) remains the largest sheep and goat meat producing country in GCC, comprising approx. X% of total volume. Moreover, sheep and goat 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 taken by Kuwait (X tons), with a X% share.

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

The average sheep and goat meat yield reduced slightly to X kg per head in 2022, leveling off at 2021 figures. Overall, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the yield increased by X% against the previous year. Over the period under review, the sheep and goat meat yield attained the peak level at X kg per head in 2018; however, from 2019 to 2022, the yield failed to regain momentum.

In 2022, approx. X heads of animals slaughtered for sheep and goat meat production in GCC; remaining constant 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the number of producing animals increased by X% against the previous year. As a result, the amount of animals produced attained the peak level of X heads. From 2021 to 2022, the growth of this number remained at a lower figure.

Exports of Sheep And Goat Meat

Exports in GCC

In 2022, overseas shipments of sheep and goat meat decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheep and goat meat exports shrank markedly to $X in 2022. In general, exports, however, showed a mild increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates represented the main exporting country with an export of about X tons, which reached X% of total exports. Saudi Arabia (X tons) ranks second in terms of the total exports with a X% share, followed by Oman (X%) and Kuwait (X%).

From 2012 to 2022, average annual rates of growth with regard to sheep and goat meat exports from the United Arab Emirates stood at X%. At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Oman (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively.

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

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

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, increasing by X% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of X%. 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 the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Imports of Sheep And Goat Meat

Imports in GCC

After four years of decline, purchases abroad of sheep and goat meat increased by X% to X tons in 2022. In general, imports, however, saw a slight setback. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, sheep and goat meat imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the largest importer of sheep and goat meat, constituting X% of total imports. It was distantly followed by Qatar (X tons), Saudi Arabia (X tons), Oman (X tons), Kuwait (X tons) and Bahrain (X tons), together generating a X% share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the sheep and goat meat imports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. Qatar experienced a relatively flat trend pattern. By contrast, Kuwait (X%), Bahrain (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total imports, while Bahrain and Saudi Arabia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the United Arab Emirates, sheep and goat 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: Qatar (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform