United Arab Emirates: Preserved Belly Cut Market 2021

Preserved Belly Cut Market Size in the United Arab Emirates

In 2020, the preserved belly cut market in the United Arab Emirates increased by X% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption posted a strong expansion. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2020 and is likely to see steady growth in years to come.

Preserved Belly Cut Production in the United Arab Emirates

In value terms, preserved belly cut production rose modestly to $X in 2020 estimated in export prices. Overall, production showed a resilient increase. The pace of growth was the most pronounced in 2016 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level in 2020 and is expected to retain growth in the near future.

Preserved Belly Cut Exports

Exports from the United Arab Emirates

In 2020, the amount of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) exported from the United Arab Emirates stood at X tons, remaining relatively unchanged against 2019. Overall, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, exports reached the peak of X tons. from 2009 to 2020, the growth exports failed to regain the momentum.

In value terms, preserved belly cut exports dropped modestly to $X in 2020. Over the period under review, exports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2009 to 2020, the growth exports remained at a lower figure.

Exports by Country

Afghanistan (X tons) was the main destination for preserved belly cut exports from the United Arab Emirates, with a X% share of total exports. Moreover, preserved belly cut exports to Afghanistan exceeded the volume sent to the second major destination, Oman (X kg), sixfold.

From 2007 to 2020, the average annual growth rate of volume to Afghanistan stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+X% per year) and Seychelles (-X% per year).

In value terms, Afghanistan ($X), Oman ($X) and Seychelles ($X) were the largest markets for preserved belly cut exported from the United Arab Emirates worldwide, with a combined X% share of total exports.

Oman (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average preserved belly cut export price stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the export price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Oman ($X per ton), while the average price for exports to Seychelles ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Oman, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Belly Cut Imports

Imports into the United Arab Emirates

In 2020, approx. X tons of hams, shoulders and cuts of swine (salted, in brine, dried or smoked) were imported into the United Arab Emirates; stabilizing at the previous year. Overall, imports showed a slight descent. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2010; however, from 2011 to 2020, imports remained at a lower figure.

In value terms, preserved belly cut imports soared to $X in 2020. Over the period under review, imports posted moderate growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to continue growth in the immediate term.

Imports by Country

The U.S. (X tons), Canada (X tons) and Spain (X tons) were the main suppliers of preserved belly cut imports to the United Arab Emirates, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Spain ($X) and Belgium ($X) appeared to be the largest preserved belly cut suppliers to the United Arab Emirates, with a combined X% share of total imports.

In terms of the main suppliers, Spain recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved belly cut import price stood at $X per ton in 2020, rising by X% against the previous year. Overall, the import price recorded a resilient increase. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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