United Arab Emirates: Frozen Pork Cut Market 2024

Frozen Pork Cut Market Size in the United Arab Emirates

The frozen pork cut market in the United Arab Emirates dropped to $X in 2022, which is down by -8.2% 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). Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Frozen Pork Cut Exports

Exports from the United Arab Emirates

In 2022, frozen pork cut exports from the United Arab Emirates surged to X tons, with an increase of 73% compared with the previous year's figure. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 1,175%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, frozen pork cut exports contracted to $X in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 443% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Georgia (X tons) was the main destination for frozen pork cut exports from the United Arab Emirates, with a 78% share of total exports. Moreover, frozen pork cut exports to Georgia exceeded the volume sent to the second major destination, Sri Lanka (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Georgia amounted to +22.6%.

In value terms, the largest markets for frozen pork cut exported from the United Arab Emirates were Sri Lanka ($X) and Georgia ($X).

In terms of the main countries of destination, Sri Lanka, with a CAGR of +45,478.4%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average frozen pork cut export price stood at $X per ton in 2022, reducing by -50.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 314% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Georgia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+62.1%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Pork Cut Imports

Imports into the United Arab Emirates

In 2022, the amount of frozen hams, shoulders and cuts of pig meat imported into the United Arab Emirates fell slightly to X tons, declining by -4.2% compared with the previous year's figure. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 68%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, frozen pork cut imports contracted slightly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 76% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of frozen pork cut to the United Arab Emirates, accounting for a 39% share of total imports. Moreover, frozen pork cut imports from Brazil exceeded the figures recorded by the second-largest supplier, Canada (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-7.0% per year) and Spain (+23.4% per year).

In value terms, Brazil ($X), Canada ($X) and Spain ($X) were the largest frozen pork cut suppliers to the United Arab Emirates, together comprising 73% of total imports. The Netherlands, Germany and Ukraine lagged somewhat behind, together accounting for a further 4%.

Among the main suppliers, Ukraine, with a CAGR of +87.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average frozen pork cut import price amounted to $X per ton, surging by 2.9% against the previous year. Over the period under review, the import price, however, recorded a slight setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 15%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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