United Arab Emirates - Bananas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBanana Price in the United Arab Emirates - 2022
Contents:
- Banana Price in the United Arab Emirates (CIF) - 2022
- Banana Price in the United Arab Emirates (FOB) - 2022
- Banana Imports in the United Arab Emirates
- Banana Exports in the United Arab Emirates
Banana Price in the United Arab Emirates (CIF) - 2022
The average banana import price stood at $782 per ton in 2022, growing by 49% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Philippines ($915 per ton) and Sri Lanka ($898 per ton), while the price for India ($756 per ton) and Ecuador ($768 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Banana Price in the United Arab Emirates (FOB) - 2022
The average banana export price stood at $1,198 per ton in 2022, increasing by 45% against the previous year. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 139% against the previous year. The export price peaked at $1,608 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($2,608 per ton), while the average price for exports to Ecuador ($841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Banana Imports in the United Arab Emirates
In 2022, the amount of bananas imported into the United Arab Emirates dropped markedly to 171K tons, waning by -17.4% on 2021 figures. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4% against the previous year.
In value terms, banana imports soared to $134M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Banana in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 44.8 | 55.7 | 61.4 | 97.2 | 29.5% |
| India | 16.9 | 21.1 | 30.3 | 20.6 | 6.8% |
| Philippines | 58.2 | 23.9 | 13.7 | 11.5 | -41.8% |
| Sri Lanka | 0.2 | 0.1 | 0.1 | 3.9 | 169.2% |
| Others | 1.3 | 1.2 | 3.4 | 0.9 | -11.5% |
| Total | 121 | 102 | 109 | 134 | 3.5% |
Top Suppliers of Banana to the United Arab Emirates in 2022:
- Ecuador (126.6K tons)
- India (27.3K tons)
- Philippines (12.5K tons)
- Sri Lanka (4.3K tons)
Banana Exports in the United Arab Emirates
For the third consecutive year, the United Arab Emirates recorded decline in overseas shipments of bananas, which decreased by -32.5% to 2.6K tons in 2022. In general, exports saw a dramatic contraction. The smallest decline of -6.8% was in 2021.
In value terms, banana exports dropped modestly to $3.1M in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 18%.
| Export of Banana in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 4.4 | 2.6 | 3.0 | 1.7 | -27.2% |
| Qatar | N/A | N/A | N/A | 0.5 | 0% |
| Ecuador | N/A | N/A | N/A | 0.4 | 0% |
| Saudi Arabia | N/A | N/A | N/A | 0.2 | 0% |
| Iran | N/A | N/A | N/A | 0.1 | 0% |
| Kuwait | N/A | N/A | N/A | 0.1 | 0% |
| Iraq | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.2 | 0.1 | -30.7% |
| Total | 4.7 | 2.7 | 3.1 | 3.1 | -13.0% |
Top Export Markets for Banana from the United Arab Emirates in 2022:
- Oman (1146.6 tons)
- Ecuador (508.8 tons)
- Qatar (488.6 tons)
- Saudi Arabia (141.4 tons)
- Kuwait (94.7 tons)
- Iran (59.9 tons)
- Iraq (45.9 tons)
This report provides an in-depth analysis of the banana market in the United Arab Emirates. 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:
- FCL 486 - Bananas
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- Area Harvested, 2012–2023
- Yield, 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 Of Origin, 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, By Country Of Destination, 2012–2023
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