Key Market Indicators
Saudi Arabia's sheep imports are expected to reach $558 million by 2026, up 0.2% annually from 2021's $551 million. Since 1996, Saudi demand has been declining by an average of 1.4% per year. Qatar, Kuwait and Israel followed Saudi Arabia in the ranking. Meanwhile, Saudi sheep exports are projected to drop to $15 million in 2026 from $19 million in 2021, declining 3.9% year on year. Since 1996, Saudi supply has gone up by an average of 5.4% each year. In 2021, Ethiopia overtook Saudi Arabia with $19 million in exports, while Spain, Australia and Jordan followed in the rankings.