United Arab Emirates: Sour Cherry Market 2022

Sour Cherry Market Size in the United Arab Emirates

The sour cherry market in the United Arab Emirates reduced dramatically to $X in 2021, which is down 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). Overall, consumption showed a abrupt slump. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Sour Cherry Exports

Exports from the United Arab Emirates

For the sixth year in a row, the United Arab Emirates recorded growth in shipments abroad of sour cherries, which increased by X% to X tons in 2021. Over the period under review, exports, however, saw a abrupt contraction. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sour cherry exports expanded remarkably to $X in 2021. In general, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Oman (X tons) and Maldives (X tons) were the main destinations of sour cherry exports from the United Arab Emirates.

From 2012 to 2021, the biggest increases were in Maldives (with a CAGR of +X 2012 to 2021, the average annual growth rate of value to Maldives stood at +X%.

Export Prices by Country

In 2021, the average sour cherry export price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Maldives ($X per ton), while the average price for exports to Oman totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-X%).

Sour Cherry Imports

Imports into the United Arab Emirates

In 2021, after two years of growth, there was decline in supplies from abroad of sour cherries, when their volume decreased by -X% to X tons. In general, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sour cherry imports expanded notably to $X in 2021. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Lebanon (X tons) constituted the largest sour cherry supplier to the United Arab Emirates, with a X% share of total imports. Moreover, sour cherry imports from Lebanon exceeded the figures recorded by the second-largest supplier, the UK (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume from Lebanon stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and the United States (-X% per year).

In value terms, the UK ($X) constituted the largest supplier of sour cherry to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+X% per year) and the United States (-X% per year).

Import Prices by Country

In 2021, the average sour cherry import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price recorded a significant increase. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform