United Arab Emirates: Market for Prepared Or Preserved Shoulders And Cuts Of Swine Meat 2024

Market Size for Prepared Or Preserved Shoulders And Cuts Of Swine Meat in the United Arab Emirates

After two years of growth, the preserved swine meat cut market in the United Arab Emirates decreased by -15.4% to $X in 2021. Over the period under review, consumption saw a perceptible decline. Preserved swine meat cut consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Prepared Or Preserved Shoulders And Cuts Of Swine Meat in the United Arab Emirates

In value terms, preserved swine meat cut production declined sharply to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by 44% against the previous year. Preserved swine meat cut production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Exports from the United Arab Emirates

In 2021, shipments abroad of prepared or preserved shoulders and cuts of swine meat increased by 47% to X kg, rising for the sixth year in a row after two years of decline. In general, exports posted a noticeable expansion. The most prominent rate of growth was recorded in 2013 with an increase of 67% against the previous year. As a result, the exports attained the peak of X kg. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, preserved swine meat cut exports soared to $X in 2021. Over the period under review, exports, however, saw a slight setback. The most prominent rate of growth was recorded in 2013 with an increase of 64%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Djibouti (X tons) was the main destination for preserved swine meat cut exports from the United Arab Emirates, with a 1,529% share of total exports. Moreover, preserved swine meat cut exports to Djibouti exceeded the volume sent to the second major destination, Afghanistan (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Djibouti stood at +1,395.1%.

In value terms, the largest markets for preserved swine meat cut exported from the United Arab Emirates were Djibouti ($X) and Afghanistan ($X).

Djibouti, with a CAGR of +1,431.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average preserved swine meat cut export price amounted to $X per ton, with a decrease of -6.2% against the previous year. Overall, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 13%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Afghanistan ($X per ton), while the average price for exports to Djibouti totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+3.2%).

Imports of Prepared Or Preserved Shoulders And Cuts Of Swine Meat

Imports into the United Arab Emirates

In 2021, purchases abroad of prepared or preserved shoulders and cuts of swine meat decreased by -15% to X tons, falling for the second consecutive year after three years of growth. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 115%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved swine meat cut imports declined remarkably to $X in 2021. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 129%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Philippines (X tons) was the main preserved swine meat cut supplier to the United Arab Emirates, with a 1,571% share of total imports. Moreover, preserved swine meat cut imports from the Philippines exceeded the figures recorded by the second-largest supplier, Denmark (X tons), sevenfold. The third position in this ranking was taken by Kenya (X tons), with a 149% share.

From 2012 to 2021, the average annual growth rate of volume from the Philippines amounted to +32.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+41.8% per year) and Kenya (+54.2% per year).

In value terms, the Philippines ($X) constituted the largest supplier of prepared or preserved shoulders and cuts of swine meat to the United Arab Emirates, comprising 1,538% of total imports. The second position in the ranking was taken by Kenya ($X), with a 222% share of total imports. It was followed by Denmark, with a 193% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Philippines amounted to +39.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (+60.3% per year) and Denmark (+46.2% per year).

Import Prices by Country

In 2021, the average preserved swine meat cut import price amounted to $X per ton, declining by -2% against the previous year. In general, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved swine meat cut import price increased by +90.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 95%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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