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GCC - Fresh or Chilled Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGCC: Market for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases 2024
Market Size for Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in GCC
The GCC market for fresh or chilled pig meat other than cuts or carcases contracted slightly to $X in 2022, reducing by -1.9% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.0% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.
Production of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases in GCC
In value terms, production of fresh or chilled pig meat other than cuts or carcases shrank to $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.0% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 122%. Over the period under review, production of hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.
The country with the largest volume of production of fresh or chilled pig meat other than cuts or carcases was Saudi Arabia (X tons), comprising approx. 100% of total volume.
In Saudi Arabia, production of fresh or chilled pig meat other than cuts or carcases expanded at an average annual rate of +7.5% over the period from 2012-2022.
Exports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Exports in GCC
In 2022, the amount of fresh or chilled pig meat other than cuts or carcases exported in GCC skyrocketed to X tons, growing by 393% compared with the year before. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled pig meat other than cuts or carcases surged to $X in 2022. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 450%. Over the period under review, the exports of reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
The shipments of the one major exporters of fresh or chilled pig meat other than cuts or carcases, namely the United Arab Emirates, represented more than two-thirds of total export.
The United Arab Emirates was also the fastest-growing in terms of the fresh or chilled pig meat other than cuts or carcases exports, with a CAGR of +27.4% from 2012 to 2022. While the share of the United Arab Emirates (+14 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) also remains the largest fresh pork other than cuts or carcases supplier in GCC.
From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at +19.3%.
Export Prices by Country
The export price in GCC stood at $X per ton in 2022, waning by -69.8% against the previous year. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2013 when the export price increased by 73% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -6.3% per year.
Imports of Fresh Or Chilled Pig Meat Other Than Cuts Or Carcases
Imports in GCC
In 2022, imports of fresh or chilled pig meat other than cuts or carcases in GCC totaled X tons, almost unchanged from the previous year. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 44%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.
In value terms, imports of fresh or chilled pig meat other than cuts or carcases totaled $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 73% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.
Imports by Country
The United Arab Emirates dominates carcases structure, resulting at X tons, which was approx. 86% of total imports in 2022. It was distantly followed by Oman (X tons), creating an 8.4% share of total imports. The following importers - Saudi Arabia (X tons) and Kuwait (X tons) - together made up 4.9% of total imports.
The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of fresh or chilled pig meat other than cuts or carcases. At the same time, Oman (+27.1%), Saudi Arabia (+18.8%) and Kuwait (+11.0%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of +27.1% from 2012-2022. While the share of Oman (+7.6 p.p.) and Saudi Arabia (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-9.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) constitutes the largest market for imported fresh or chilled pig meat other than cuts or carcases in GCC, comprising 90% of total imports. The second position in the ranking was taken by Oman ($X), with a 3.2% share of total imports. It was followed by Saudi Arabia, with a 2.6% share.
In the United Arab Emirates, imports of fresh or chilled pig meat other than cuts or carcases expanded at an average annual rate of +7.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Oman (+15.1% per year) and Saudi Arabia (+32.8% per year).
Import Prices by Country
In 2022, the import price in GCC amounted to $X per ton, picking up by 2% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 an increase of 45%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while Oman ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+11.8%), while the other leaders experienced mixed trends in the import price figures.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10111290 - Fresh or chilled pig meat (including fresh meat packed with salt as a temporary preservative, excluding carcases and halfcarcases, h ams, shoulders and cuts thereof with bone in)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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