United Arab Emirates: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in the United Arab Emirates

The market for colouring matter of vegetable or animal origin in the United Arab Emirates fell remarkably to $X in 2022, waning by X% against the previous year. In general, consumption showed a noticeable setback. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Colouring Matter Of Vegetable Or Animal Origin in the United Arab Emirates

In value terms, vegetable or animal colouring matter production contracted remarkably to $X in 2022 estimated in export price. Overall, production recorded a abrupt slump. The growth pace was the most rapid in 2015 when the production volume increased by X%. Vegetable or animal colouring matter production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports from the United Arab Emirates

For the fifth consecutive year, the United Arab Emirates recorded decline in overseas shipments of colouring matter of vegetable or animal origin, which decreased by X% to X tons in 2022. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vegetable or animal colouring matter exports dropped sharply to $X in 2022. In general, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Iraq (X tons) was the main destination for vegetable or animal colouring matter exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, vegetable or animal colouring matter exports to Iraq exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold. Oman (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Oman (X% per year).

In value terms, Iraq ($X) emerged as the key foreign market for colouring matter of vegetable or animal origin exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an 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 Iraq was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

The average export price for colouring matter of vegetable or animal origin stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Iraq ($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 Oman (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports into the United Arab Emirates

In 2022, supplies from abroad of colouring matter of vegetable or animal origin decreased by X% to X tons, falling for the second consecutive year after four years of growth. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, vegetable or animal colouring matter imports fell to $X in 2022. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest vegetable or animal colouring matter supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, vegetable or animal colouring matter imports from India exceeded the figures recorded by the second-largest supplier, Somalia (X tons), threefold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Somalia (X% per year) and the UK (X% per year).

In value terms, the UK ($X), the United States ($X) and India ($X) appeared to be the largest vegetable or animal colouring matter suppliers to the United Arab Emirates, together comprising X% of total imports.

In terms of the main suppliers, the United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for colouring matter of vegetable or animal origin stood at $X per ton in 2022, jumping by X% against the previous year. Overall, import price indicated a mild increase 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, vegetable or animal colouring matter import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Somalia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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