United Arab Emirates - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Oils Price in the United Arab Emirates - 2021
Contents:
- Vegetable Oils Price in the United Arab Emirates (FOB) - 2022
- Vegetable Oils Price in the United Arab Emirates (CIF) - 2022
- Vegetable Oils Exports in the United Arab Emirates
- Vegetable Oils Imports in the United Arab Emirates
Vegetable Oils Price in the United Arab Emirates (FOB) - 2022
In 2022, the average vegetable oils export price amounted to $2,057 per ton, with an increase of 24% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable oils export price increased by +74.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 40%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($3,138 per ton), while the average price for exports to Tanzania ($468 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 Turkey (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Oils Price in the United Arab Emirates (CIF) - 2022
In 2022, the average vegetable oils import price amounted to $2,382 per ton, jumping by 33% against the previous year. Overall, the import price showed a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($3,121 per ton), while the price for Oman ($1,776 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Oils Exports in the United Arab Emirates
Vegetable oils exports from the United Arab Emirates skyrocketed to 51K tons in 2022, rising by 132% on the year before. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, vegetable oils exports surged to $104M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Oils in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 7.7 | 5.1 | 9.8 | 27.8 | 53.4% |
| Saudi Arabia | 1.1 | 2.9 | 4.7 | 22.3 | 172.7% |
| Kuwait | 6.0 | 4.9 | 5.6 | 10.2 | 19.3% |
| Bahrain | 2.4 | 1.6 | 4.8 | 8.0 | 49.4% |
| Iran | N/A | N/A | N/A | 7.7 | 0% |
| Iraq | N/A | N/A | N/A | 4.6 | 0% |
| Oman | 4.0 | 2.6 | 3.7 | 3.9 | -0.8% |
| Jordan | 1.2 | 1.1 | 1.8 | 3.5 | 42.9% |
| Egypt | N/A | N/A | N/A | 3.2 | 0% |
| Netherlands | 0.4 | N/A | 1.8 | 2.0 | 71.0% |
| Turkey | N/A | 0.2 | N/A | 1.8 | 200.0% |
| Lebanon | 1.9 | 0.3 | 0.5 | 1.4 | -9.7% |
| Tanzania | N/A | N/A | N/A | 0.4 | 0% |
| Others | 2.4 | 2.3 | 3.5 | 7.4 | 45.5% |
| Total | 27.0 | 21.1 | 36.2 | 104 | 56.8% |
Top Export Markets for Vegetable Oils from the United Arab Emirates in 2022:
- Morocco (16.1K tons)
- Saudi Arabia (10.0K tons)
- Kuwait (4.3K tons)
- Bahrain (4.2K tons)
- Iran (2.9K tons)
- Iraq (2.1K tons)
- Oman (1.9K tons)
- Jordan (1.4K tons)
- Egypt (1.0K tons)
- Tanzania (1.0K tons)
- Turkey (0.8K tons)
- Netherlands (0.8K tons)
- Lebanon (0.5K tons)
Vegetable Oils Imports in the United Arab Emirates
In 2022, the amount of vegetable fats and oils imported into the United Arab Emirates dropped markedly to 17K tons, waning by -43% on the year before. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports attained the peak of 29K tons, and then reduced rapidly in the following year.
In value terms, vegetable oils imports contracted sharply to $39M in 2022. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 119%. As a result, imports reached the peak of $52M, and then shrank dramatically in the following year.
| Import of Vegetable Oils in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 16.8 | 14.2 | 17.4 | 17.1 | 0.6% |
| Indonesia | 2.1 | 0.9 | 4.0 | 10.3 | 69.9% |
| India | 2.0 | 1.9 | 1.5 | 3.4 | 19.3% |
| Oman | 3.8 | 2.1 | 1.2 | 2.5 | -13.0% |
| United States | 0.3 | 0.1 | N/A | 2.1 | 91.3% |
| Bahrain | 0.3 | 0.2 | 0.1 | N/A | -42.3% |
| Others | 5.3 | 4.3 | 27.6 | 3.9 | -9.7% |
| Total | 30.5 | 23.7 | 51.9 | 39.4 | 8.9% |
Top Suppliers of Vegetable Oils to the United Arab Emirates in 2022:
- Malaysia (7.4K tons)
- Indonesia (4.4K tons)
- India (1.6K tons)
- Oman (1.4K tons)
- United States (0.8K tons)
This report provides an in-depth analysis of the vegetable oils 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:
- Prodcom 10416050 - Vegetable fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)
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
- 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 VOLUME AND VALUE
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
- 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
- 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
432
This report provides an in-depth analysis of the vegetable oils market in the United Arab Emirates.
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This report provides an in-depth analysis of the vegetable oils market in the United Arab Emirates.
377
This report provides an in-depth analysis of the animal fats market in the United Arab Emirates.
1659
This report provides an in-depth analysis of the global vegetable oils market.
1095
This report provides an in-depth analysis of the global animal fats market.
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This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.
284
This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.
