United Arab Emirates: Asparagus Market 2022

Asparagus Market Size in the United Arab Emirates

In 2021, the asparagus market in the United Arab Emirates decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, showed a modest expansion. Over the period under review, the market reached the peak level at $X in 2020, and then dropped markedly in the following year.

Asparagus Exports

Exports from the United Arab Emirates

In 2021, approx. X tonnes of asparagus were exported from the United Arab Emirates; waning by -X% on 2020. Overall, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tonnes, and then reduced markedly in the following year.

In value terms, asparagus exports reduced remarkably to $X in 2021. Over the period under review, exports, however, faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X% year-to-year. As a result, the exports attained the peak of $X, and then fell significantly in the following year.

Exports by Country

Tanzania (X tonnes) was the main destination for asparagus exports from the United Arab Emirates, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Tanzania totaled +X%.

In value terms, Tanzania ($X) also remains the key foreign market for asparagus exports from the United Arab Emirates.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania amounted to +X%.

Export Prices by Country

In 2021, the average asparagus export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. As a result, the export price reached the peak level of $X per tonne. From 2019 to 2021, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2021, the rate of growth in terms of prices for Tanzania amounted to +X% per year.

Asparagus Imports

Imports into the United Arab Emirates

In 2021, after two years of growth, there was significant decline in supplies from abroad of asparagus, when their volume decreased by -X% to X tonnes. Over the period under review, imports, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes, and then plummeted in the following year.

In value terms, asparagus imports dropped remarkably to $X in 2021. Overall, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

The United States (X tonnes), the Netherlands (X tonnes) and Australia (X tonnes) were the main suppliers of asparagus imports to the United Arab Emirates, together accounting for X% of total imports. These countries were followed by Spain, which accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest asparagus suppliers to the United Arab Emirates were the Netherlands ($X), the United States ($X) and Australia ($X), with a combined X% share of total imports. These countries were followed by Spain, which accounted for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among 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 asparagus import price stood at $X per tonne in 2021, with an increase of X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2015 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2017; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform