Middle East: Fresh Beef Cut Market 2020

Fresh Beef Cut Market Size in Middle East

The revenue of the fresh beef cut market in Middle East amounted to $X in 2017, growing by X% against the previous year. The fresh beef cut consumption continues to indicate a remarkable expansion. The growth pace was the most rapid in 2010, when market value increased by X% against the previous year. Over the period under review, the fresh beef cut market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Fresh Beef Cut Production in Middle East

In 2017, the amount of fresh or chilled cuts of beef and veal produced in Middle East amounted to X tons, growing by X% against the previous year. The fresh beef cut production continues to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2010, when the output figure increased by X% y-o-y. Over the period under review, the fresh beef cut production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Fresh Beef Cut Exports in Middle East

In 2017, fresh beef cut exports in Middle East totaled X tons, growing by X% against the previous year. The total exports indicated a mild expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut exports increased by +X% against 2010 indices. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, fresh beef cut exports totaled $X in 2017. The total exports indicated a perceptible expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut exports decreased by -X% against 2015 indices. Over the period under review, the fresh beef cut exports attained its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Fresh Beef Cut Exports by Country in Middle East

In 2017, Jordan (X tons) and the United Arab Emirates (X tons) represented the key exporters of fresh or chilled cuts of beef and veal in the globe, together recording near X% of total exports. It was distantly followed by Turkey (X tons), Oman (X tons) and Saudi Arabia (X tons), together making up X% share of total exports. Israel (X tons) and Kuwait (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Jordan ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Saudi Arabia, Oman, Israel and Kuwait lagged somewhat behind, together comprising a further X%.

Among the main exporting countries , Israel (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Fresh Beef Cut Export Prices by Country in Middle East

The fresh beef cut export price in Middle East stood at $X per ton in 2017, remaining constant 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 2009, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per ton), while Oman ($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 mixed trends in the export price figures.

Fresh Beef Cut Imports in Middle East

The imports amounted to X tons in 2017, increasing by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. Over the period under review, the fresh beef cut imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, fresh beef cut imports amounted to $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut imports increased by +X% against 2007 indices. Over the period under review, the fresh beef cut imports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Fresh Beef Cut Imports by Country in Middle East

Saudi Arabia (X tons), the United Arab Emirates (X tons), Jordan (X tons), Lebanon (X tons) and Turkey (X tons) represented roughly X% of total imports of fresh or chilled cuts of beef and veal in 2017. The following importers - Kuwait (X tons) and Qatar (X tons) each recorded a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Qatar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest fresh beef cut markets worldwide were the United Arab Emirates ($X), Saudi Arabia ($X) and Lebanon ($X), with a combined X% share of total imports. Jordan, Turkey, Kuwait and Qatar lagged somewhat behind, together comprising a further X%.

Qatar (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Fresh Beef Cut Import Prices by Country in Middle East

In 2017, the fresh beef cut import price in Middle East amounted to $X per ton, lowering by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% y-o-y. Over the period under review, the import prices for fresh or chilled cuts of beef and veal reached its maximum level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

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

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

Source: IndexBox Platform