Middle East: Sheep, Goat, Cow Fat Market 2020

Sheep, Goat, Cow Fat Market Size in Middle East

The revenue of the sheep, goat, cow fat market in Middle East amounted to $X in 2017, rising by X% against the previous year. The sheep, goat, cow fat consumption continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2015, when market value increased by X% against the previous year. Over the period under review, the sheep, goat, cow fat market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sheep, Goat, Cow Fat Production in Middle East

In 2017, the amount of fats of bovine animals, sheep or goats produced in Middle East totaled X tons, coming down by -X% against the previous year. The sheep, goat, cow fat production continues to indicate an abrupt contraction. The growth pace was the most rapid in 2009, with an increase of X% year-to-year. Over the period under review, the sheep, goat, cow fat production reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Exports in Middle East

In 2017, sheep, goat, cow fat exports in Middle East stood at X tons, rising by X% against the previous year. The sheep, goat, cow fat exports continue to indicate a drastic decrease. The pace of growth appeared the most rapid in 2013, when it surged by X% against the previous year. Over the period under review, the sheep, goat, cow fat exports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sheep, goat, cow fat exports stood at $X in 2017. The sheep, goat, cow fat exports continue to indicate a drastic reduction. Over the period under review, the sheep, goat, cow fat exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sheep, Goat, Cow Fat Exports by Country in Middle East

Saudi Arabia was the major exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Kuwait (X tons), Lebanon (X tons) and Jordan (X tons), together mixed up X% share of total exports. The following exporters - Qatar (X tons) and the United Arab Emirates (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to sheep, goat, cow fat exports from Saudi Arabia stood at +X%. At the same time, Kuwait (+X%) and Jordan (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Lebanon (-X%), the United Arab Emirates (-X%) and Qatar (-X%) illustrated a downward trend over the same period. Qatar (X%), Lebanon (X%) and the United Arab Emirates (X%) significantly strengthened its position in terms of the global exports, while Jordan, Saudi Arabia and Kuwait saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Saudi Arabia ($X), Kuwait ($X) and Jordan ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Among the main exporting countries , Jordan (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Sheep, Goat, Cow Fat Export Prices by Country in Middle East

The sheep, goat, cow fat export price in Middle East stood at $X per ton in 2017, jumping by X% against the previous year. The sheep, goat, cow fat export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when the export prices increased by X% against the previous year. Over the period under review, the export prices for fats of bovine animals, sheep or goats attained its maximum level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Sheep, Goat, Cow Fat Imports in Middle East

In 2017, sheep, goat, cow fat imports in Middle East totaled X tons, flattening at the previous year. The sheep, goat, cow fat imports continue to indicate a drastic slump. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. In that year, the sheep, goat, cow fat imports attained their peak volume of X tons. From 2013 to 2017, growth of the sheep, goat, cow fat imports stood at a somewhat lower level.

In value terms, sheep, goat, cow fat imports totaled $X in 2017. The sheep, goat, cow fat imports continue to indicate an abrupt descent. Over the period under review, the sheep, goat, cow fat imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sheep, Goat, Cow Fat Imports by Country in Middle East

In 2017, Turkey (X tons) represented the largest importer for fats of bovine animals, sheep or goats, comprising X% of total imports. It was distantly followed by Israel (X tons), making up X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to sheep, goat, cow fat imports into Turkey stood at -X%. At the same time, Israel (+X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. While the share of Turkey (X%) increased significantly in terms of the global imports from 2007-2017, the share of Israel (-X%) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported fats of bovine animals, sheep or goats in Middle East, making up X% of global imports. The second position in the ranking was occupied by Israel ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in Turkey amounted to -X%.

Sheep, Goat, Cow Fat Import Prices by Country in Middle East

In 2017, the sheep, goat, cow fat import price in Middle East amounted to $X per ton, coming down by -X% against the previous year. The sheep, goat, cow fat import price continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2008, an increase of -X% year-to-year. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Israel ($X per ton) and Turkey ($X per ton), while Turkey ($X per ton) and Israel ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Israel (+X% per year).

Source: IndexBox Platform