United Arab Emirates - Fonio - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFonio Price in the United Arab Emirates - 2022
Contents:
- Fonio Price in the United Arab Emirates (FOB) - 2022
- Fonio Price in the United Arab Emirates (CIF) - 2022
- Fonio Exports in the United Arab Emirates
- Fonio Imports in the United Arab Emirates
Fonio Price in the United Arab Emirates (FOB) - 2022
In 2022, the average fonio export price amounted to $2,803 per ton, jumping by 44% against the previous year. Over the period under review, the export price, however, continues to indicate a dramatic contraction. The export price peaked at $19,429 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guinea ($3,860 per ton), while the average price for exports to China stood at $2,723 per ton.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+40.1%).
Fonio Price in the United Arab Emirates (CIF) - 2022
In 2022, the average fonio import price amounted to $12,885 per ton, surging by 246% against the previous year. Over the period under review, the import price, however, saw a sharp descent. The import price peaked at $109,000 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($13,977 per ton), while the price for Germany stood at $2,333 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-27.0%).
Fonio Exports in the United Arab Emirates
For the third year in a row, the United Arab Emirates recorded growth in shipments abroad of fonio, which increased by 423% to 1.8 tons in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 4,900%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, fonio exports skyrocketed to $5.1K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fonio in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | N/A | 0.7 | 4.6 | 557.1% | |
| Guinea | N/A | N/A | 0.5 | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 0.1 | 0.7 | 5.1 | 614.1% | |
Top Export Markets for Fonio from the United Arab Emirates in 2022:
- China (1700.0 kg)
- Guinea (129.0 kg)
Fonio Imports in the United Arab Emirates
After two years of growth, overseas purchases of fonio decreased by -80.4% to 96 kg in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 2,350%. As a result, imports reached the peak of 490 kg, and then reduced rapidly in the following year.
In value terms, fonio imports dropped significantly to $1.2K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 180% against the previous year. As a result, imports attained the peak of $1.8K, and then shrank sharply in the following year.
| Import of Fonio in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 587 | 1,220 | 1,216 | 43.9% | |
| Germany | N/A | N/A | 21.0 | 0% | |
| Cote d'Ivoire | N/A | 4.0 | N/A | 0% | |
| Guinea | N/A | 599 | N/A | 0% | |
| Others | 65.0 | N/A | N/A | 0% | |
| Total | 652 | 1,823 | 1,237 | 37.7% | |
Top Suppliers of Fonio to the United Arab Emirates in 2022:
- Netherlands (87.0 kg)
- Germany (9.0 kg)
This report provides an in-depth analysis of the fonio 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 94 - Fonio
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
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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
- 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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