Price for Homogenised Composite Food Preparations in the United Arab Emirates - 2021

Contents:

1. Price for Homogenised Composite Food Preparations in the United Arab Emirates (FOB) - 2022
2. Price for Homogenised Composite Food Preparations in the United Arab Emirates (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in the United Arab Emirates
4. Imports of Homogenised Composite Food Preparations in the United Arab Emirates

Price for Homogenised Composite Food Preparations in the United Arab Emirates (FOB) - 2022

The average homogenised composite food preparations export price stood at $4,926 per ton in 2022, picking up by 21% against the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 36% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($8,162 per ton), while the average price for exports to Rwanda stood at $3,098 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in the United Arab Emirates (CIF) - 2022

In 2022, the average homogenised composite food preparations import price amounted to $4,004 per ton, surging by 10% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 22% against the previous year. The import price peaked at $5,815 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,600 per ton), while the price for the United States ($1,711 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Homogenised Composite Food Preparations in the United Arab Emirates

In 2022, approx. 988 tons of homogenised composite food preparationses were exported from the United Arab Emirates; shrinking by -27.9% against the previous year. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 35% against the previous year.

In value terms, homogenised composite food preparations exports shrank to $4.9M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of $5.6M, and then shrank in the following year.

Top Export Markets for Homogenised Composite Food Preparations from the United Arab Emirates in 2022:

1. Rwanda (623.2 tons)
2. Jordan (350.2 tons)

Imports of Homogenised Composite Food Preparations in the United Arab Emirates

After three years of growth, purchases abroad of homogenised composite food preparationses decreased by -9.2% to 1.1K tons in 2022. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 24%. As a result, imports attained the peak of 1.2K tons, and then dropped in the following year.

In value terms, homogenised composite food preparations imports reduced modestly to $4.4M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 12% against the previous year.

Top Suppliers of Homogenised Composite Food Preparations to the United Arab Emirates in 2022:

1. United Kingdom (411.2 tons)
2. United States (355.5 tons)
3. Canada (62.8 tons)
4. Turkey (42.3 tons)
5. Italy (40.1 tons)
6. Spain (22.7 tons)
7. Germany (21.6 tons)