Middle East: Frozen Lamb Carcase Market 2020

Frozen Lamb Carcase Market Size in Middle East

The revenue of the frozen lamb carcase market in Middle East amounted to $X in 2017, coming up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The frozen lamb carcase consumption continues to indicate a perceptible deduction. The pace of growth appeared the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the frozen lamb carcase market attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Frozen Lamb Carcase Exports in Middle East

In 2017, approx. X tons of frozen carcases of lamb or sheep were exported in Middle East; surging by X% against the previous year. The frozen lamb carcase exports continue to indicate a mild drop. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the frozen lamb carcase exports reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, frozen lamb carcase exports totaled $X in 2017. The frozen lamb carcase exports continue to indicate a temperate downturn. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Frozen Lamb Carcase Exports by Country in Middle East

The United Arab Emirates represented the largest exporter of frozen carcases of lamb or sheep in Middle East, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2017. Kuwait (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Jordan (X%), Saudi Arabia (X%) and Oman (X%). The following exporters - Qatar (X tons) and Bahrain (X tons) each recorded a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to frozen lamb carcase exports from the United Arab Emirates stood at +X%. At the same time, Oman (+X%), Kuwait (+X%), Bahrain (+X%) and Qatar (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Jordan (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. Saudi Arabia (X%) and Jordan (X%) significantly strengthened its position in terms of the global exports, while Oman, the United Arab Emirates and Kuwait saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Jordan ($X) and Kuwait ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports.

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

Frozen Lamb Carcase Export Prices by Country in Middle East

The frozen lamb carcase export price in Middle East stood at $X per ton in 2017, surging by X% against the previous year. The frozen lamb carcase export price continues to indicate a mild decrease. The growth pace was the most rapid in 2014, when the export prices increased by X% y-o-y. In that year, the export prices for frozen carcases of lamb or sheep attained their peak level of $X per ton. From 2015 to 2017, growth of the export prices for frozen carcases of lamb or sheep stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Jordan ($X per ton), while Oman ($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 Jordan (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Frozen Lamb Carcase Imports in Middle East

In 2017, the amount of frozen carcases of lamb or sheep imported in Middle East amounted to X tons, rising by X% against the previous year. The frozen lamb carcase imports continue to indicate a moderate drop. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Over the period under review, the frozen lamb carcase imports attained its maximum volume of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, frozen lamb carcase imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the frozen lamb carcase imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Frozen Lamb Carcase Imports by Country in Middle East

Saudi Arabia represented the largest importer of frozen carcases of lamb or sheep in Middle East, with the volume of imports reaching X tons, which was near X% of total imports in 2017. The United Arab Emirates (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Oman (X%), Jordan (X%) and Kuwait (X%). The following importers - Qatar (X tons) and Israel (X tons) together made up X% of total imports.

Imports into Saudi Arabia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Israel (+X%), Oman (+X%), Jordan (+X%) and Qatar (+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. By contrast, the United Arab Emirates (-X%) and Kuwait (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Saudi Arabia, the United Arab Emirates and Kuwait increased by X%, X% and X% percentage points, while Israel (-X%) and Oman (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Jordan ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Oman, Kuwait, Qatar and Israel lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Israel (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Frozen Lamb Carcase Import Prices by Country in Middle East

The frozen lamb carcase import price in Middle East stood at $X per ton in 2017, jumping by X% against the previous year. The import price indicated a strong expansion from 2007 to 2017: its price 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 frozen lamb carcase import price decreased by -X% against 2014 indices. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2011; however, from 2012 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 Israel ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform