United Arab Emirates: Cereal Market 2024

Cereal Market Size in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in the cereal market in the United Arab Emirates, when its value increased by X% to $X. Over the period under review, consumption posted a tangible expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cereal Production in the United Arab Emirates

In value terms, cereal production reduced remarkably to $X in 2022 estimated in export price. In general, production posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

The average yield of cereals in the United Arab Emirates surged to X tons per ha in 2022, growing by X% compared with 2021. Overall, the yield, however, saw a deep slump. Over the period under review, the average cereal yield reached the maximum level at X tons per ha in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cereal harvested area in the United Arab Emirates expanded markedly to X ha in 2022, picking up by X% compared with 2021. Over the period under review, the harvested area enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the cereal harvested area remained at a somewhat lower figure.

Cereal Exports

Exports from the United Arab Emirates

In 2022, after three years of growth, there was significant decline in shipments abroad of cereals, when their volume decreased by X% to X tons. Over the period under review, exports faced a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, cereal exports contracted dramatically to $X in 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Oman (X tons), Sri Lanka (X tons) and Iran (X tons) were the main destinations of cereal exports from the United Arab Emirates, with a combined X% share of total exports. Russia, Qatar, India, Bahrain, Iraq, Romania, Saudi Arabia and Kuwait lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X.0%), while shipments for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Romania amounted to X,497.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average cereal export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price recorded a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Russia ($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 Romania (X.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Imports

Imports into the United Arab Emirates

In 2022, cereal imports into the United Arab Emirates reduced modestly to X tons, approximately mirroring the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, cereal imports skyrocketed to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), Australia (X tons) and Argentina (X tons) were the main suppliers of cereal imports to the United Arab Emirates, together accounting for X% of total imports. Romania, Russia, Canada and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal suppliers to the United Arab Emirates were India ($X), Australia ($X) and Argentina ($X), with a combined X% share of total imports. Romania, Russia, Canada and Brazil lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of 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 cereal import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated a moderate 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, cereal import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($X per ton) and Brazil ($X per ton), while the price for Australia ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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