United Arab Emirates: Cheese Market Overview 2020

Cheese Market Size in the United Arab Emirates

The revenue of the cheese market in the United Arab Emirates amounted to $X in 2018, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, cheese consumption, however, continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the cheese market reached its maximum level at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Cheese Exports

Exports from the United Arab Emirates

In 2018, the amount of cheese exported from the United Arab Emirates stood at X tonnes, waning by -X% against the previous year. Overall, cheese exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, cheese exports attained their peak figure at X tonnes in 2017, and then declined slightly in the following year.

In value terms, cheese exports stood at $X in 2018. Overall, cheese exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, cheese exports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

Oman (X tonnes) was the main destination for cheese exports from the United Arab Emirates, with a X% share of total exports. Moreover, cheese exports to Oman exceeded the volume sent to the second major destination, Maldives (X tonnes), sixfold. The third position in this ranking was occupied by Kuwait (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Oman stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+X% per year) and Kuwait (+X% per year).

In value terms, Oman ($X) remains the key foreign market for cheese exports from the United Arab Emirates, comprising X% of total cheese exports. The second position in the ranking was occupied by Maldives ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Oman totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+X% per year) and Kuwait (+X% per year).

Export Prices by Country

In 2018, the average cheese export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the cheese export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Maldives ($X per tonne), while the average price for exports to Afghanistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Somalia, while the prices for the other major destinations experienced mixed trend patterns.

Cheese Imports

Imports into the United Arab Emirates

In 2018, approx. X tonnes of cheese were imported into the United Arab Emirates; rising by X% against the previous year. In general, cheese imports, however, continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, cheese imports attained their maximum at X tonnes in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, cheese imports totaled $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Saudi Arabia (X tonnes) constituted the largest supplier of cheese to the United Arab Emirates, accounting for a X% share of total imports. Moreover, cheese imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, New Zealand (X tonnes), threefold. The third position in this ranking was occupied by Egypt (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Saudi Arabia amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-X% per year) and Egypt (-X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of cheese to the United Arab Emirates, comprising X% of total cheese imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Saudi Arabia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the average cheese import price amounted to $X per tonne, lowering by -X% against the previous year. Over the period under review, the cheese import price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2012 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for cheese attained their peak figure at $X per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform