Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in the United Arab Emirates - 2022

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,791 per ton, declining by -18.6% against the previous year. Overall, the import price showed a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 88%. As a result, import price attained the peak level of $3,942 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($3,408 per ton), while the price for Syrian Arab Republic ($550 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $851 per ton, with a decrease of -61.7% against the previous year. Overall, the export price, however, continues to indicate modest growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 52%. The export price peaked at $2,223 per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($2,648 per ton), while the average price for exports to Tanzania ($302 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 (+10.0%), while the prices for the other major destinations experienced a decline.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in supplies from abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia, when their volume increased by 706% to 787 tons. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia soared to $1.4M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.2N/AN/A5501301.0%
GreeceN/AN/AN/A3040%
MoroccoN/AN/AN/A2310%
Turkey5.4N/A151179221.2%
Syrian Arab RepublicN/AN/AN/A53.50%
Italy38.21101.834.7-3.2%
Lebanon17.043.11.510.1-15.9%
Egypt174N/A32.67.1-65.6%
SeychellesN/A12.2N/AN/A0%
Others16614227.940.0-37.8%
Total4013082151,41052.1%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to the United Arab Emirates in 2022:

  1. Spain (391.8 tons)
  2. Morocco (116.6 tons)
  3. Syrian Arab Republic (97.4 tons)
  4. Greece (89.3 tons)
  5. Turkey (60.5 tons)
  6. Italy (12.2 tons)
  7. Lebanon (5.1 tons)
  8. Egypt (3.5 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates

In 2022, overseas shipments of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia increased by 375% to 477 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia skyrocketed to $406K in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman1221421331291.9%
Malaysia15.017.820.096.686.0%
Tanzania7.02.91.986.2130.9%
SpainN/AN/AN/A43.30%
Cameroon5.10.7N/A1.1-40.0%
Maldives83.1N/A36.00.4-83.1%
Uganda3.94.32.0N/A-28.4%
Others20.54.929.849.233.9%
Total25717322340616.5%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from the United Arab Emirates in 2022:

  1. Tanzania (285.2 tons)
  2. Oman (75.7 tons)
  3. Malaysia (49.6 tons)
  4. Spain (42.9 tons)
  5. Cameroon (0.8 tons)
  6. Maldives (0.1 tons)

Source: IndexBox Market Intelligence Platform

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