saudi arabia beef market
this.each(function(i){ How to make your supply chain more sustainable, 6. What are the largest producers of beef (cattle meat) in the world? 9. }); This report presents a comprehensive overview of the beef meat market in Saudi Arabia and a forecast for its development in the next five years. $("#slider15fc8b04e94dcc .item").shuffle(); TRADE: In 2018 Ireland exported approximately 25 tonnes of Pigmeat valued at €0.025 m. In 2016 Ireland exported approximately 25 tonnes of Pigmeat valued at €0.088m. }); By clicking "Sign Up", you agree to our Terms of Service and Privacy Policy. owl.owlCarousel({ This report provides an in-depth analysis of the beef market in Saudi Arabia. COUNTRY NAME: Saudi Arabia. PTI November 25, 2020 12:14 IST (Eds: Disclaimer: The following press release comes to you under an arrangement with Business Wire India. dots: false, Information: Saudi Arabia . Reopening Saudi Arabia’s market will create additional export opportunities for American ranchers. Saudi Arabia, officially the Kingdom of Saudi Arabia, is a country in Western Asia constituting the bulk of the Arabian Peninsula.With a land area of approximately 2,150,000 km 2 (830,000 sq mi), Saudi Arabia is geographically the largest sovereign state in Western Asia, the second-largest in the Arab world (after Algeria), the fifth-largest in Asia, and the 12th-largest in the world. Saudi Arabia: Equine Animals Meat Industry, “Accurate and reliable data and very knowledgeable team.”, Helen J., Marketing Manager, UK office, European Construction Materials Company, “The report was full of important details and still very easy to read and follow.”, Chris T., Project Manager, US office Global Consulting Company, “Great content – very informative with lots of quantitative data – just what we needed.”, John S., Product Manager, US office Global Electronics Company, Competitive Landscape Analysis and Evaluation, Product Development and Launch Strategies. The growth of the Saudi Arabia pet food market size is being aided by the cat and dog food industry in the country, which reached a value of about USD 34 million in 2019. The re-opening of the Saudi market was announced during a visit on October 14 by prime minister Manuel Valls, Reuters reported. Overall, exports continue to indicate temperate growth. The main consuming markets for … var allElems = this.get(), In 2019, the average beef export price amounted to $X per tonne, waning by -X% against the previous year. Saudi Arabia has re-opened its market to US beef after a four-year ban put in place over concerns about bovine spongiform encephalopathy (BSE), commonly known as mad cow disease. allElems.splice(random, 1); The unofficial Saudi Arabian boycott on Turkish products has reach a new level with a local burger chain changing a name of one of it’s products from “Turkish Burger” to “Greek Burger.” Not only did the Herfy’s burger chain change the name of the beef patty accompanied with a spicy taste, but it also reduce the price of the product. The United Arab Emirates (X tonnes), Bahrain (X tonnes) and Kuwait (X tonnes) were the main destinations of beef exports from Saudi Arabia, with a combined X% share of total exports. }); jQuery(function($){ return Math.floor(Math.random() * max); • Smaller volumes are supplied by the US (mostly to the UAE and Kuwait), South Africa (Kuwait, the UAE and Jordan), New Zealand (the UAE, Saudi Arabia and Oman) and the European Union (to Saudi Arabia, the UAE and Lebanon). South Korea resumes beef imports from Uruguay and Saudi Arabia opens market to live cattle from Pará state. SAUDI ARABIA. This promotion programme wants to be a lever during the 3 years of the campaign for increasing market share (the UAE and Saudi Arabia) on the one hand and to create market access and first expansion in unexplored markets (Kuwait)on the other hand. The The beef yield peaked at X kg per head in 2018, and then stood in the following year. • Forecast of the market dynamics in the medium term, • Trade (exports and imports) in Saudi Arabia, • Find deeper insights into current market developments, • Discover vital success factors affecting the market. How to boost your sales on overseas markets, 5. Try our corporate solution for free! addClassActive: true, How to outsource production to other countries, 8. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure. Men make up 56.5% of the population while women account for 43.5%. “The government has secured markets for sheep and goat meat in Saudi Arabia and Norway and the markets are lucrative. The second position in the ranking was occupied by Bahrain ($2.3M), with a 15% share of total exports. slideSpeed: 500, The country will immediately allow imports of beef and beef products from cattle less than 30 months old, according to a statement from the Office of the US Trade Representative (USTR). Over the period under review, average import prices reached the peak figure at $X per tonne in 2015; afterwards, it flattened through to 2019. ... Saudi Arabia seems to be one of the countries that accept exports of Pigmeat from Ireland on the basis of the general export health certificate. nav: true, The trade still requires the development of a certification program by the US Department of Agriculture to meet Saudi Arabia’s import requirements. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure. Try our corporate solution for free! autoplayTimeout: 5000, In 2019, the country with the highest price was Oman ($X per tonne), while the average price for exports to Qatar ($X per tonne) was amongst the lowest. The Saudi Market for Beef and Veal General Annual consumption of beef and veal in Saudi Arabia is estimated at about 100,000 metric tons (MT). From 2007 to 2019, the biggest increases were in Bahrain, while shipments for the other leaders experienced more modest paces of growth. Argentina, Pakistan, Mexico, Russia, France, Egypt, Germany, India and Turkey lagged somewhat behind, together comprising a further 21%. In general, U.S. agricultural and food exports to Saudi Arabia enjoy market access with a few exceptions, including stringent requirements for poultry and meat exports. While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. Reopening Saudi Arabia’s market will create additional export opportunities for American ranchers. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Ten days ago, the reopening of the Saudi Arabian market to receiving Paraguayan meat was announced, which also occurred after 10 years of renegotiation. “Exporting beef to Saudi Arabia represents a relatively small amount of business, but any increase in the export business is good. }); You must have JavaScript enabled in your browser to utilize the functionality of this website. Australia became the second largest source of imported beef in Saudi Arabia last year, behind India. Saudi Arabia is the 41st most populous country in the world with 31.5 million people, 83.2% of which live in urban areas. In 2019, the average beef yield in Saudi Arabia was estimated at X kg per head, remaining constant against 2018 figures. Notice to the Market. Country. This statistic depicts the per capita meat consumption in Saudi Arabia in 2015, by type. SAUDI ARABIA. In 2019, the number of animals slaughtered for beef production in Saudi Arabia amounted to X heads, surging by X% on the year before. What is the average export price for beef (cattle meat) in Saudi Arabia? RIYADH, Saudi Arabia, February 17, 2009 – Canadian beef exporters will have access to the lucrative Saudi Arabian market for the first time since 2003. randEl = $(allElems[random]).clone(true)[0]; While box office returns in 2020 will suffer an estimated 80% global drop due to COVID-19, the Kingdom of Saudi Arabia is bucking this downward … Information: Saudi Arabia . Based on 2019 figures, beef import price increased by +X% against 2017 indices. autoplay: true, The Saudi Market for Beef and Veal General Annual consumption of beef and veal in Saudi Arabia is estimated at about 100,000 metric tons (MT). MOST PROMISING OVERSEAS MARKETS, Free Data: Beef (Cattle Meat) - Saudi Arabia, This Chapter is Available Only for the Professional Edition. The pace of growth appeared the most rapid in 2015 when the yield increased by X% year-to-year. allElems.splice(random, 1); Over the period under review, exports reached the maximum at $X in 2018, and then declined rapidly in the following year. Destination Market: Saudi Arabia. The US is the second major beef producing nation to be granted access to the Saudi beef market after a BSE-related ban, following the return of Brazilian beef to Saudi Arabia in early 2016. navText: false, return $(shuffled); You can discover details including top producing & exporting countries, real-time market prices, local product varieties, seasonality, production & export volumes, and more. loop: true, “On June 28, 2016, Saudi Arabia issued a decree that lifted BSE-related restrictions and allows imports of U.S. beef and beef products,” said Sam Jones-Ellard, USDA Agricultural Marketing Service (AMS) public affairs specialist. Saudi Arabia had a gross domestic product (GDP) of US$646.0 billion in 2015 and declined by 0.5% at the end of 2016 due to low oil prices affecting public finances and export revenues. $(function () { Explore detailed information about the exports and imports of Beef for Saudi Arabia. addClassActive: true, var owl = $('#slider15fc8b04e97c64'); In 2018, Brazilian agribusiness exports to Saudi Arabia totaled $1.7 billion, the statement said referring to foodstuffs like fresh chicken, sugar, beef, corn and coffee, among others. The report offers a detailed analysis of changing market trends, market size & estimations, top investment pockets, key segments, and business performance. Saudi Beef Market Growing SAUDI ARABIA - The Saudi Arabian beef market grew by 9.2 per cent at a compound annual growth rate between 2008-2013 to around 150,000 tonnes, according to Michael Hussey from the Dubai Office of Bord Bia, the Irish Food Board.... 07 June 2012. Cooked Meats - Packaged (Meat) Market in Saudi Arabia - Outlook to 2023: Market Size, Growth and Forecast Analytics is a broad level market review of Cooked Meats - Packaged market in Saudi Arabia. MOST PROMISING SUPPLYING COUNTRIES, CHAPTER 6. $.fn.shuffle = function() { Discover the latest market trends and uncover sources of future market growth for the Beer industry in Saudi Arabia with research from Euromonitor's team of in-country analysts. Based on 2019 figures, imports decreased by -X% against 2015 indices. }; In value terms, beef production reduced to $X in 2019 estimated in export prices. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the Saudi Arabia market. The United States exported over $31 million of U.S. beef and beef products in 2011, prior to the ban. Last year Saudi Arabia was the third largest non-EU destination for Irish agri-food exports, only behind China and the USA. By continuing to browse the site you are agreeing to our use of cookies. Over the period under review, the yield showed a relatively flat trend pattern. autoplay: true, The countries with the highest volumes of beef production in 2019 were the U.S. (12M tonnes), Brazil (10M tonnes) and China (6.5M tonnes), together comprising 40% of global production. We will send the report within 24 hoursto the email below. Middle-East Beef and Poultry Meat Market. })(jQuery); Middle-East Beef and Poultry Meat Market. From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan, while the prices for the other major suppliers experienced more modest paces of growth. navText: false, In value terms, India ($X), Brazil ($X) and Australia ($X) appeared to be the largest beef suppliers to Saudi Arabia, with a combined X% share of total imports. The pace of growth was the most pronounced in 2009 when the number of producing animals increased by X% against the previous year. (function($){ In CY 1998, Saudi imports of beef and veal totaled 67,990 MT, with Ireland dominating the market. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Access new updated reports and statistics for the Meat Industry in Saudi Arabia. Business Saudi Arabia won’t tap debt market again in 2020, says Al-Jadaan. The export price peaked at $X per tonne in 2018, and then dropped slightly in the following year. In value terms, the United Arab Emirates ($7.1M) remains the key foreign market for beef exports from Saudi Arabia, comprising 46% of total exports. The enhanced agreement will see the range of beef exported from Ireland to Saudi Arabia extended to processed, cooked, minced and bone-in beef products. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and India (+X% per year). where quality beef has benefited from devalued currencies in the key markets of the UAE, Saudi Arabia and Qatar. }, Beef production peaked at $X in 2018, and then shrank in the following year. As a result, exports reached the peak of X tonnes. Saudi Arabia edible meat market is anticipated to grow at a CAGR of 5.5% during the forecast period (2020 - 2025). The average beef import price stood at $X per tonne in 2019, rising by X% against the previous year. Increasing urbanization, rising incomes, and growing population are the combined driving force for poultry meat consumption. var random = getRandom(allElems.length), Download all the latest market reports you need on the Processed Food Industry in Saudi Arabia. $(this).replaceWith($(shuffled[i])); How to reduce your production and supply chain costs, 7. The cat and dog food industry in the region is further expected to increase at a CAGR of 9% between 2020 and 2025 to reach a value of approximately USD 56 million by 2025. We'll occasionally send you account related emails. Wednesday, January 13th, 2021 @ 10:00 am ET. The United States exported only 1,008 MT of beef and veal to the Kingdom in … The Saudi Arabia pet food market is aided by the growth of the cat and dog food industry in the country, which attained a value of USD 34 million in 2019 driven by the growing disposable incomes of pet owners. var allElems = this.get(), Over the period under review, total imports indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. }; The re-opening of the Saudi market was announced during a visit on October 14 by prime minister Manuel Valls, Reuters reported. Further market access to Saudi Arabia secured for Irish beef 0001-11-30 Market access to Saudi Arabia for minced, processed and cooked beef from Ireland has been secured, Minister for Agriculture Michael Creed has announced. The United States exported over $31 million of U.S. beef and beef products in 2011, prior to the ban. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). Saudi Arabia was Canada’s sixth largest market for exports of beef prior to a BSE-related ban imposed in 2003. Global Beef Industry Market Research Report 1 Beef Introduction and Market Overview 1.1 Objectives of the Study 1.2 Definition of Beef 1.3 Beef Market Scope and Market Size Estimation 1.3.1 Market Concentration Ratio and Market Maturity Analysis 1.3.2 Global Beef Value ($) and Growth Rate from 2012-2022 1.4 Market Segmentation 1.4.1 Types of Beef 1.4.2 Applications of Beef 1.4.3 Research … You can discover details including export/import trends, prices, top partner countries, products, and suppliers. COUNTRY NAME: Saudi Arabia. From 2007 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates totaled +X%. In 2019, approx. There were significant differences in the average prices for the major export markets. Goldstein Market Intelligence recent analysis, Saudi Arabia Red Meat Industry Outlook, 2020, finds that Meat consumption denotes the diet, living standards, livestock production, and macroeconomic uncertainty and shocks to GDP. We'll occasionally send you account related emails. The second position in the ranking was occupied by Bahrain ($X), with a X% share of total exports. In general, production posted prominent growth. These countries were followed by Pakistan and New Zealand, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand, while imports for the other leaders experienced more modest paces of growth. View Domestic Prices page for Beef chevron_right. items: 1, 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. How to load your idle production capacity, 3. GCC is the fastest growing regions in terms of halal meat consumption. }); In 2019, the average beef import price amounted to $4,218 per tonne, with an increase of 3.1% against the previous year. X tonnes of beef (cattle meat) were imported into Saudi Arabia; picking up by X% on the previous year's figure. (function($){ autoHeight: true 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). Interested in getting actionable insights?Add Extra Chapters, Unlimited Annual Subscription (View All Reports Online). Key factors driving the growth of the edible meat market in Saudi Arabia are the increase in tourism, robust economic growth, changing consumer trends, and advanced technologies. The forecast exhibits the market prospects through 2025. Pigmeat. The Saudi beef market expanded notably to $X in 2019, with an increase of X% against the previous year. Jenaan entered the market directly by implementing three major projects that complies with the nature of the Saudi market and the new government trends.
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