Middle East: Preserved Pork Market 2021

Preserved Pork Market Size in the Middle East

The Middle Eastern preserved pork market expanded to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Preserved Pork Production in the Middle East

In value terms, preserved pork production rose modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

Production By Country in the Middle East

The countries with the highest volumes of preserved pork production in 2020 were Iran (X tons), Turkey (X tons) and Saudi Arabia (X tons), with a combined X% share of total production. These countries were followed by Iraq, Yemen, Syrian Arab Republic and Israel, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of preserved pork production, amongst the main producing countries, was attained by Iraq, while preserved pork production for the other leaders experienced more modest paces of growth.

Preserved Pork Exports

Exports in the Middle East

In 2020, approx. X tons of pig meat salted (salted, in brine, dried or smoked) were exported in the Middle East; jumping by X% on 2019 figures. Overall, exports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tons in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, preserved pork exports soared to $X in 2020. In general, exports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The biggest shipments were from Israel (X tons), the United Arab Emirates (X tons) and Lebanon (X tons), together recording X% of total export. It was distantly followed by Turkey (X tons), mixing up a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Israel, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved pork supplying countries in the Middle East were Israel ($X), Lebanon ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Israel recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The preserved pork export price in the Middle East stood at $X per ton in 2020, growing by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Lebanon, while the other leaders experienced mixed trends in the export price figures.

Preserved Pork Imports

Imports in the Middle East

In 2020, approx. X tons of pig meat salted (salted, in brine, dried or smoked) were imported in the Middle East; picking up by X% on the previous year's figure. Total imports indicated a mild expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved pork imports skyrocketed to $X in 2020. Overall, imports saw perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, the United Arab Emirates (X tons) represented the key importer of pig meat salted (salted, in brine, dried or smoked), generating X% of total imports. Iraq (X tons) ranks second in terms of the total imports with a X% share, followed by Saudi Arabia (X%), Syrian Arab Republic (X%) and Yemen (X%). Bahrain (X tons) and Lebanon (X tons) occupied a relatively small share of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Syrian Arab Republic (+X%), Yemen (+X%), Iraq (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. By contrast, Lebanon (-X%) and Bahrain (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Syrian Arab Republic, Yemen, Iraq and Saudi Arabia increased by +X%, +X%, +X% and +X% percentage points, while Lebanon (-X p.p.), Bahrain (-X p.p.) and the United Arab Emirates (-X p.p.) saw their share reduced.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported pig meat salted (salted, in brine, dried or smoked) in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total imports. It was followed by Iraq, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and Iraq (+X% per year).

Import Prices by Country

In 2020, the preserved pork import price in the Middle East amounted to $X per ton, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2020 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Lebanon ($X per ton) and Bahrain ($X per ton), while the United Arab Emirates ($X per ton) and Syrian Arab Republic ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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