MENA: Preserved Beef Market 2025

Preserved Beef Market Size in MENA

In 2021, the MENA's preserved beef market increased by 44% to $X, rising for the third year in a row after two years of decline. In general, consumption saw a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Preserved Beef Production in MENA

In value terms, preserved beef production skyrocketed to $X in 2021 estimated in export price. Overall, production recorded a strong expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Preserved Beef Exports

Exports in MENA

In 2021, shipments abroad of beef and veal (salted, in brine, dried or smoked) increased by 238% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved beef exports soared to $X in 2021. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, resulting at X tons, which was approx. 82% of total exports in 2021. It was distantly followed by Kuwait (X tons), making up an 8.6% share of total exports. Egypt (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the beef and veal (salted, in brine, dried or smoked) exports, with a CAGR of +53.1% from 2012 to 2021. At the same time, Kuwait (+13.3%) and Egypt (+12.9%) displayed positive paces of growth. The United Arab Emirates (+67 p.p.) significantly strengthened its position in terms of the total exports, while Egypt and Kuwait saw its share reduced by -8.2% and -15.1% from 2012 to 2021, respectively.

In value terms, the United Arab Emirates ($X) emerged as the largest preserved beef supplier in MENA, comprising 89% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 4.8% share of total exports.

In the United Arab Emirates, preserved beef exports expanded at an average annual rate of +60.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kuwait (+9.2% per year) and Egypt (+9.2% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, increasing by 88% against the previous year. Overall, the export price posted a pronounced expansion. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.9%), while the other leaders experienced a decline in the export price figures.

Preserved Beef Imports

Imports in MENA

In 2021, imports of beef and veal (salted, in brine, dried or smoked) in MENA soared to X tons, rising by 76% on 2020 figures. Overall, imports, however, recorded a deep slump. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, preserved beef imports surged to $X in 2021. In general, imports, however, recorded a slight decline. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) represented the major importer of beef and veal (salted, in brine, dried or smoked), comprising 53% of total imports. Kuwait (X tons) took a 21% share (based on physical terms) of total imports, which put it in second place, followed by Qatar (11%) and Egypt (6.8%). Bahrain (X tons) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of +2.0% from 2012 to 2021. At the same time, Kuwait (+43.9%) and Egypt (+39.1%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of +43.9% from 2012-2021. By contrast, Bahrain (-4.2%) and Qatar (-23.1%) illustrated a downward trend over the same period. The United Arab Emirates (+37 p.p.), Kuwait (+21 p.p.) and Egypt (+6.7 p.p.) significantly strengthened its position in terms of the total imports, while Qatar saw its share reduced by -33.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported beef and veal (salted, in brine, dried or smoked) in MENA, comprising 56% of total imports. The second position in the ranking was held by Kuwait ($X), with an 18% share of total imports. It was followed by Qatar, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates stood at +7.9%. In the other countries, the average annual rates were as follows: Kuwait (+42.9% per year) and Qatar (-14.9% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, growing by 19% against the previous year. Import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved beef import price increased by +72.5% against 2018 indices. The pace of growth was the most pronounced in 2013 when the import price increased by 41%. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Qatar ($X per ton) and Bahrain ($X per ton), while Kuwait ($X per ton) and Egypt ($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 (+10.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform