MENA: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in MENA

The MENA's market for fresh or chilled pig meat other than cuts or carcases dropped to $X in 2022, reducing by -11.9% against the previous year. Overall, consumption, however, showed a resilient increase. The level of consumption peaked at $X in 2021, and then dropped in the following year.

Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in MENA

In value terms, production of fresh or chilled pig meat other than cuts or carcases contracted to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.1% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 52%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Iran (X tons), Turkey (X tons) and Egypt (X tons), with a combined 62% share of total production. Algeria, Saudi Arabia, Morocco, Syrian Arab Republic and Israel lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of carcases, amongst the main producing countries, was attained by Israel (with a CAGR of +10.7%), while carcases for the other leaders experienced more modest paces of growth.

Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Exports in MENA

For the fourth year in a row, MENA recorded growth in shipments abroad of fresh or chilled pig meat other than cuts or carcases, which increased by 39% to X tons in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 120% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fresh or chilled pig meat other than cuts or carcases expanded to $X in 2022. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 126%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) dominates carcases structure, together achieving 88% of total exports. It was distantly followed by Egypt (X tons) and Iran (X tons), together committing an 11% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of +27.4%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest fresh pork other than cuts or carcases supplier in MENA, comprising 66% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 22% share of total exports. It was followed by Iran, with a 6.7% share.

In Turkey, exports of fresh or chilled pig meat other than cuts or carcases increased at an average annual rate of +6.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (+19.3% per year) and Iran (-7.5% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, shrinking by -26.2% against the previous year. Overall, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 when the export price increased by 36%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat 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 Turkey ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+0.0%), while the other leaders experienced a decline in the export price figures.

Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases

Imports in MENA

Imports of fresh or chilled pig meat other than cuts or carcases fell slightly to X tons in 2022, reducing by -2.7% against the year before. The total import volume increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when imports increased by 35%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fresh or chilled pig meat other than cuts or carcases fell slightly to $X in 2022. Over the period under review, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 60% against the previous year. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the largest importer of fresh or chilled pig meat other than cuts or carcases, constituting 64% of total imports. It was distantly followed by Turkey (X tons), Lebanon (X tons) and Oman (X tons), together making up a 28% share of total imports. The following importers - Saudi Arabia (X tons) and Kuwait (X tons) - each recorded a 3.7% share of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of fresh or chilled pig meat other than cuts or carcases. At the same time, Lebanon (+29.9%), Oman (+27.1%), Saudi Arabia (+18.8%), Kuwait (+11.0%) and Turkey (+5.9%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in MENA, with a CAGR of +29.9% from 2012-2022. While the share of Turkey (+13 p.p.), Lebanon (+7.7 p.p.) and Oman (+5.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-25.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported fresh or chilled pig meat other than cuts or carcases in MENA, comprising 75% of total imports. The second position in the ranking was taken by Turkey ($X), with a 7.3% share of total imports. It was followed by Lebanon, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled +7.9%. In the other countries, the average annual rates were as follows: Turkey (+5.5% per year) and Lebanon (+26.2% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, surging by 1.8% against the previous year. Import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fresh or chilled pig meat other than cuts or carcases decreased by -8.6% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 34%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, 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 (+11.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform