United Arab Emirates: Almond Market 2024

Almond Market Size in the United Arab Emirates

The almond market in the United Arab Emirates fell sharply to $X in 2022, shrinking by X% against the previous year. In general, consumption showed a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Almond Production in the United Arab Emirates

In value terms, almond production declined dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Almond production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of almonds in the United Arab Emirates shrank notably to X kg per ha in 2022, dropping by X% compared with the previous year. Over the period under review, the yield recorded a perceptible slump. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the yield attained the peak level of X tons per ha, and then shrank significantly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of almonds were harvested in the United Arab Emirates; rising by X% against 2021. Overall, the harvested area recorded a modest increase. Over the period under review, the harvested area dedicated to almond production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Almond Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of almonds increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, almond exports soared to $X in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Iran (X tons) was the main destination for almond exports from the United Arab Emirates, with a X% share of total exports. Moreover, almond exports to Iran exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was taken by Afghanistan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Afghanistan (X% per year).

In value terms, Iran ($X) emerged as the key foreign market for almonds exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Afghanistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Afghanistan (X% per year).

Export Prices by Country

In 2022, the average almond export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, almond export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Tanzania ($X 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 Afghanistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Almond Imports

Imports into the United Arab Emirates

In 2022, imports of almonds into the United Arab Emirates surged to X tons, rising by X% on the year before. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, almond imports expanded sharply to $X in 2022. Over the period under review, imports recorded a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main almond supplier to the United Arab Emirates, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of almonds to the United Arab Emirates.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%.

Import Prices by Country

In 2022, the average almond import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

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