Report United Arab Emirates - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 22, 2023

United Arab Emirates - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Chemically Modified Oils Market 2023

Chemically Modified Oils Market Size in the United Arab Emirates

In 2021, the chemically modified oils market in the United Arab Emirates decreased by -0.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +14.7% against 2018 indices. Chemically modified oils consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Chemically Modified Oils Production in the United Arab Emirates

In value terms, chemically modified oils production totaled $X in 2021 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +10.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -24.6% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 168%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Chemically Modified Oils Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of animal or vegetable fats and oils chemically modified increased by 6.5% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 322% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, chemically modified oils exports skyrocketed to $X in 2021. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 321% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for chemically modified oils exports from the United Arab Emirates, with a 51% share of total exports. Moreover, chemically modified oils exports to the Netherlands exceeded the volume sent to the second major destination, Malaysia (X tons), threefold. The UK (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +37.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+103.3% per year) and the UK (+23.2% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for chemically modified oils exports from the United Arab Emirates, comprising 52% of total exports. The second position in the ranking was held by Malaysia ($X), with an 18% share of total exports. It was followed by the UK, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands amounted to +41.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+95.6% per year) and the UK (+21.6% per year).

Export Prices by Country

In 2021, the average chemically modified oils export price amounted to $X per ton, rising by 39% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, the highest price was recorded for prices to Italy ($X per ton) and Malaysia ($X per ton), while the average price for exports to the UK ($X per ton) and Bulgaria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Chemically Modified Oils Imports

Imports into the United Arab Emirates

In 2021, approx. X tons of animal or vegetable fats and oils chemically modified were imported into the United Arab Emirates; growing by 7.4% on 2020. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 164%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

In value terms, chemically modified oils imports soared to $X in 2021. In general, imports showed a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 73% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Saudi Arabia (X tons), Oman (X tons) and Malaysia (X tons) were the main suppliers of chemically modified oils imports to the United Arab Emirates, together accounting for 52% of total imports. These countries were followed by Indonesia, Taiwan (Chinese), Turkey, China, the United States, India and the Netherlands, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +730.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), Saudi Arabia ($X) and Malaysia ($X) appeared to be the largest chemically modified oils suppliers to the United Arab Emirates, with a combined 42% share of total imports. Taiwan (Chinese), the United States, China, Indonesia, Turkey, India and the Netherlands lagged somewhat behind, together accounting for a further 47%.

Indonesia, with a CAGR of +846.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chemically modified oils import price stood at $X per ton in 2021, with an increase of 16% against the previous year. Overall, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 63%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for animal or vegetable fats and oils chemically modified in the world?
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The country with the largest volume of chemically modified oils consumption was China, accounting for 14% of total volume. Moreover, chemically modified oils consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 5.9% share.
What are the largest producers of animal or vegetable fats and oils chemically modified in the world?
+
China constituted the country with the largest volume of chemically modified oils production, accounting for 22% of total volume. Moreover, chemically modified oils production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was taken by India, with a 6.6% share.
What are the leading suppliers of animal or vegetable fats and oils chemically modified to the United Arab Emirates?
+
In value terms, Oman, Saudi Arabia and Malaysia constituted the largest chemically modified oils suppliers to the United Arab Emirates, together comprising 42% of total imports. These countries were followed by Taiwan Chinese), the United States, China, Indonesia, Turkey, India and the Netherlands, which together accounted for a further 47%.
What are the leading importers of animal or vegetable fats and oils chemically modified from the United Arab Emirates?
+
In value terms, the Netherlands emerged as the key foreign market for chemically modified oils exports from the United Arab Emirates, comprising 52% of total exports. The second position in the ranking was held by Malaysia, with an 18% share of total exports. It was followed by the UK, with a 12% share.
What is the average export price for animal or vegetable fats and oils chemically modified in the United Arab Emirates?
+
In 2021, the average chemically modified oils export price amounted to $1,130 per ton, growing by 39% against the previous year.
What is the average import price for animal or vegetable fats and oils chemically modified in the United Arab Emirates?
+
In 2021, the average chemically modified oils import price amounted to $1,035 per ton, jumping by 16% against the previous year.

This report provides an in-depth analysis of the chemically modified 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 20592000 - Animal or vegetable fats and oils chemically modified
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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