What is the average import price for beef (cattle meat) in Saudi Arabia? The forecast exhibits the market prospects through 2030. Over the period under review, the yield showed a relatively flat trend pattern. U.S. beef producers recently got good news — Saudi Arabia reopened the market to receive U.S. beef and beef products following a four-year ban. 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. 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. In CY 1998, Saudi imports of beef and veal totaled 67,990 MT, with Ireland dominating the market. var owl = $('#slider15fc8b04e97c64'); We'll occasionally send you account related emails. 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. These countries were followed by Pakistan and New Zealand, which together accounted for a further 9.8%. $(function () { AUSTRALIA was the big winner in the first barley tender for 2021 delivery into Saudi Arabia, with the Middle East country announcing over the weekend that it had purchased about 730,000 tonnes of feed barley in an international tender. • Forecast of the market dynamics in the medium term, • Trade (exports and imports) in Saudi Arabia, • Find deeper insights into current market developments, • Discover vital success factors affecting the market. This report provides an in-depth analysis of the beef market in Saudi Arabia. jQuery(function($){ })(jQuery); View overview page for Beef in Saudi Arabia chevron_right. Information: Saudi Arabia . It was followed by India, with a 12% share. The Saudi beef market expanded notably to $X in 2019, with an increase of X% against the previous year. Gulf Cooperation Council (GCC) includes Kuwait, Bahrain, Qatar, Oman, United Arab Emirates, and Saudi Arabia. What are the leading suppliers of beef (cattle meat) to Saudi Arabia? Download all the latest market reports you need on the Processed Food Industry in Saudi Arabia. Country. Click here to instantly access all the reports, in one place. This statistic shows the average annual prices for cooled and imported sheep meat in Saudi Arabia from 2009 to 2016, in Saudi riyals. this.each(function(i){ Based on 2019 figures, number of animals slaughtered for beef production increased by +X% against 2014 indices. $(this).replaceWith($(shuffled[i])); allElems.splice(random, 1); You can discover details including top producing & exporting countries, real-time market prices, local product varieties, seasonality, production & export volumes, and more. return $(shuffled); The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. In value terms, beef exports dropped sharply to $X in 2019. Saudi Arabia consumers will now have the opportunity to enjoy high quality American beef.” autoHeight: true The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Two- thirds of this amount is imported; the balance produced in Kingdom. From 2015 to 2019, the growth exports failed to regain the momentum. 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. autoplay: true, return randEl; Jenaan entered the market directly by implementing three major projects that complies with the nature of the Saudi market and the new government trends. Beef production peaked at $X in 2018, and then shrank in the following year. 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. $(function () { COUNTRY NAME: Saudi Arabia. Information: Saudi Arabia . From 2007 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates totaled +X%. RIYADH: Saudi Arabia will announce a new set of initiatives to organize and improve the labour market, a spokesperson for the Ministry of Human Resources and Social Development said on Tuesday. In 2019, the number of animals slaughtered for beef production in Saudi Arabia amounted to X heads, surging by X% on the year before. In 2019, the country with the highest price was Australia ($X per tonne), while the price for Brazil ($X per tonne) was amongst the lowest. Wednesday, January 13th, 2021 @ 10:00 am ET. This websites use cookies. What is the average export price for beef (cattle meat) in Saudi Arabia? Most promising products/markets (by end use) Middle-East Beef and Poultry Meat Market. The pace of growth appeared the most rapid in 2015 when the yield increased by X% year-to-year. loop: true, • Smaller volumes are supplied by the US (mostly to the UAE and Kuwait), South Africa (Kuwait, the UAE and Jordan), New Zealand (the UAE, Saudi Arabia and Oman) and the European Union (to Saudi Arabia, the UAE and Lebanon). Saudi Arabia, officially the Kingdom of Saudi Arabia, is a country in Western Asia constituting the bulk of the Arabian Peninsula.With a land area of approximately 2,150,000 km 2 (830,000 sq mi), Saudi Arabia is geographically the largest sovereign state in Western Asia, the second-largest in the Arab world (after Algeria), the fifth-largest in Asia, and the 12th-largest in the world. Join our live webinar to get insights into the global animal feed market. }; In value terms, India ($X), Brazil ($X) and Australia ($X) appeared to be the largest beef suppliers to Saudi Arabia, with a combined X% share of total imports. shuffled = $.map(allElems, function(){ TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT, Market Volume, In Physical Terms, 2007–2019, Imports, In Physical Terms, By Country, 2007–2019, Imports, In Value Terms, By Country, 2007–2019, Import Prices, By Country Of Origin, 2007–2019, Exports, In Physical Terms, By Country, 2007–2019, Exports, In Value Terms, By Country, 2007–2019, Export Prices, By Country Of Destination, 2007–2019, Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019, Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019, Trade Balance, In Physical Terms, 2007–2019, Products: Market Size And Growth, By Type, Products: Average Per Capita Consumption, By Type, Products: Export Prices And Growth, By Type, Imports, In Physical Terms, By Country, 2019, Exports, In Physical Terms, By Country, 2019, We can help you conduct market research and write a report using the most reliable data, Considering New Challenges and Opportunities, CHAPTER 5. 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. Explore detailed information about the global Beef markets. 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. 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. “The government has secured markets for sheep and goat meat in Saudi Arabia and Norway and the markets are lucrative. “Exporting beef to Saudi Arabia represents a relatively small amount of business, but any increase in the export business is good. 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. var owl = $('#slider15fc8b04e94dcc'); Try our corporate solution for free! It was followed by India, with a X% share. Saudi Arabia: Equine Animals Meat Industry, “Accurate and reliable data and very knowledgeable team.”, Helen J., Marketing Manager, UK office, European Construction Materials Company, “The report was full of important details and still very easy to read and follow.”, Chris T., Project Manager, US office Global Consulting Company, “Great content – very informative with lots of quantitative data – just what we needed.”, John S., Product Manager, US office Global Electronics Company, Competitive Landscape Analysis and Evaluation, Product Development and Launch Strategies. }); jQuery(function($){ shuffled = $.map(allElems, function(){ slideSpeed: 500, In 2019, the country with the highest price was Oman ($X per tonne), while the average price for exports to Qatar ($X per tonne) was amongst the lowest. Market snapshot. Australia became the second largest source of imported beef in Saudi Arabia last year, behind India. The forecast exhibits the market prospects through 2025. In general, the export price, however, recorded strong growth. MOST PROMISING SUPPLYING COUNTRIES, CHAPTER 6. This report provides an in-depth analysis of the market for sheep and goat meat in Saudi Arabia. GCC is the fastest growing regions in terms of halal meat consumption. }, The beef must be derived from animals aged under 30 months. JavaScript seems to be disabled in your browser. In CY 1998, Saudi imports of beef and veal totaled 67,990 MT, with Ireland dominating the market. 10. In value terms, beef imports soared to $X in 2019. (function($){ Men make up 56.5% of the population while women account for 43.5%. 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, The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, exports reached the maximum at $X in 2018, and then declined rapidly in the following year. 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. By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. autoplayTimeout: 5000, We'll occasionally send you account related emails. Competitive landscape of the market 6.7. We'll occasionally send you account related emails. What are the leading importers of beef (cattle meat) from Saudi Arabia? getRandom = function(max) { Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Based on 2019 figures, imports decreased by -X% against 2015 indices. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure. 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. The items: 1, 9. South Korea resumes beef imports from Uruguay and Saudi Arabia opens market to live cattle from Pará state. 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 overview page for Beef in Saudi Arabia chevron_right. Gulf Cooperation Council (GCC) includes Kuwait, Bahrain, Qatar, Oman, United Arab Emirates, and Saudi Arabia. Overall, exports continue to indicate temperate growth. 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. Also, factors that are driving and restraining the frozen meat market ... Read More. There were significant differences in the average prices for the major export markets. randEl = $(allElems[random]).clone(true)[0]; The United States exported over $31 million of U.S. beef and beef products in 2011, prior to the ban. The United States exported over $31 million of US 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). }); BBeef european beef. Increasing urbanization, rising incomes, and growing population are the combined driving force for poultry meat consumption. var random = getRandom(allElems.length), Reopening Saudi Arabia’s market will create additional export opportunities for American ranchers. Argentina, India, Australia, Mexico, Pakistan, Russia, France, Canada and Germany lagged somewhat behind, together accounting for a further 24%. autoplayHoverPause: true, How to load your idle production capacity, 3. In general, import price indicated a measured increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. What are the largest markets for beef (cattle meat) in the world? PTI takes no editorial responsibility for the same.) The average beef import price stood at $X per tonne in 2019, rising by X% against the previous year. Destination Market: Saudi Arabia. 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. $.fn.shuffle = function() { The forecast exhibits the market prospects through 2025. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. You must have JavaScript enabled in your browser to utilize the functionality of this website. Try our corporate solution for free! Notice to the Market. Based on 2019 figures, beef import price increased by +X% against 2017 indices. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Global Beef Industry Market Research Report 1 Beef Introduction and Market Overview 1.1 Objectives of the Study 1.2 Definition of Beef 1.3 Beef Market Scope and Market Size Estimation 1.3.1 Market Concentration Ratio and Market Maturity Analysis 1.3.2 Global Beef Value ($) 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 … autoplayTimeout: 5000, addClassActive: true, Saudi Arabia consumers will now have the opportunity to enjoy high quality American beef.” The pace of growth was the most pronounced in 2009 when the number of producing animals increased by X% against the previous year. PTI November 25, 2020 12:14 IST (Eds: Disclaimer: The following press release comes to you under an arrangement with Business Wire India. In 2019, approx. The countries with the highest volumes of beef consumption in 2019 were the U.S. (12M tonnes), Brazil (8.1M tonnes) and China (7.5M tonnes), together accounting for 40% of global consumption. }, var random = getRandom(allElems.length), From 2007 to 2019, the biggest increases were in Bahrain, while shipments for the other leaders experienced more modest paces of growth. Interested in getting actionable insights?Add Extra Chapters, Unlimited Annual Subscription (View All Reports Online). Note that this information and related analysis is based on the statistics of HS code 020130 ( Bovine cuts boneless, fresh or chilled ) . }; dots: false, In 2019, the average beef import price amounted to $4,218 per tonne, with an increase of 3.1% against the previous year. }); The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the peak figure at $X per tonne in 2015; afterwards, it flattened through to 2019. owl.owlCarousel({ 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). The average beef export price stood at $5,400 per tonne in 2019, reducing by -2.7% against the previous year. Saudi Arabia Meat & Poultry Reports: Our 2020 Saudi Arabia report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Meat & Poultry market… How to boost your sales on overseas markets, 5. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. This is the most detailed and comprehensive report about the beef meat market in Saudi Arabia currently available! 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