United Arab Emirates - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

United Arab Emirates - Walnuts - Market Analysis, Forecast, Size, Trends and Insights

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Walnut Price in the United Arab Emirates - 2021

Contents:

  1. Walnut Price in the United Arab Emirates (CIF) - 2022
  2. Walnut Price in the United Arab Emirates (FOB) - 2022
  3. Walnut Imports in the United Arab Emirates
  4. Walnut Exports in the United Arab Emirates

Walnut Price in the United Arab Emirates (CIF) - 2022

The average walnut import price stood at $2,369 per ton in 2022, with a decrease of -21.8% against the previous year. Overall, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $5,673 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($2,910 per ton), while the price for China ($2,248 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-4.7%), while the prices for the other major suppliers experienced a decline.

Walnut Price in the United Arab Emirates (FOB) - 2022

The average walnut export price stood at $2,619 per ton in 2022, jumping by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 55%. As a result, the export price attained the peak level of $3,877 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($2,874 per ton) and Chile ($2,861 per ton), while the average price for exports to the United States ($2,434 per ton) and Iraq ($2,531 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-15.4%).

Walnut Imports in the United Arab Emirates

In 2022, the amount of walnuts imported into the United Arab Emirates surged to 61K tons, rising by 25% against the year before. In general, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, walnut imports dropped slightly to $146M in 2022. Overall, imports, however, continue to indicate a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 58%.

Import of Walnut in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.517.062.884.175.7%
United States10159.864.238.5-27.5%
Chile39.213.618.821.4-18.3%
Argentina3.41.51.21.5-23.9%
Others2.62.01.90.1-66.2%
Total16294.0149146-3.4%

Top Suppliers of Walnut to the United Arab Emirates in 2022:

  1. China (37.4K tons)
  2. United States (16.0K tons)
  3. Chile (7.4K tons)
  4. Argentina (0.6K tons)

Walnut Exports in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in overseas shipments of walnuts, when their volume increased by 2,158% to 58K tons. Over the period under review, 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, walnut exports soared to $153M 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 Walnut in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/AN/AN/A99.10%
ChinaN/AN/AN/A19.40%
IraqN/AN/AN/A9.80%
India6.44.93.98.39.1%
United StatesN/AN/AN/A7.30%
ChileN/AN/AN/A3.10%
Others1.41.71.66.365.1%
Total7.86.65.5153169.7%

Top Export Markets for Walnut from the United Arab Emirates in 2022:

  1. Iran (38.6K tons)
  2. China (7.1K tons)
  3. Iraq (3.9K tons)
  4. United States (3.0K tons)
  5. India (2.9K tons)
  6. Chile (1.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the walnut 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 222 - Walnuts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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