Saudi Arabia: Poultry Market 2024

Poultry Market Size in Saudi Arabia

The Saudi poultry market reached $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Poultry consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Poultry Production in Saudi Arabia

In value terms, poultry production rose markedly to $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average poultry yield in Saudi Arabia totaled X kg per head, flattening at the previous year. Over the period under review, the yield indicated moderate growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry yield increased by X% against 2014 indices. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the average poultry yield attained the maximum level in 2022 and is expected to retain growth in the immediate term.

In 2022, number of animals slaughtered for poultry production in Saudi Arabia contracted slightly to X heads, approximately reflecting the year before. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by X%. The number of animals slaughtered for poultry production peaked at X heads in 2014; however, from 2015 to 2022, producing animals remained at a lower figure.

Poultry Exports

Exports from Saudi Arabia

In 2022, the amount of poultry exported from Saudi Arabia declined to X tons, shrinking by X% against 2021 figures. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, poultry exports dropped slightly to $X in 2022. In general, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons), Bahrain (X tons) and Kuwait (X tons) were the main destinations of poultry exports from Saudi Arabia, with a combined X% share of total exports. Congo, Yemen, Guinea and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Bahrain ($X) appeared to be the largest markets for poultry exported from Saudi Arabia worldwide, together comprising X% of total exports. Yemen, Congo, Guinea and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Guinea, with a CAGR of X%, 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

In 2022, the average poultry export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price recorded a slight increase. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Imports

Imports into Saudi Arabia

In 2022, supplies from abroad of poultry increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, poultry imports declined to $X in 2022. In general, imports, however, continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of poultry to Saudi Arabia, with a X% share of total imports. Moreover, poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fourfold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and France (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of poultry to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and France (X% per year).

Import Prices by Country

The average poultry import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price saw a slight decline. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($X per ton) and Argentina ($X per ton), while the price for France ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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