Report United Arab Emirates - Essential Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 13, 2023

United Arab Emirates - Essential Oils - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Essential Oils Market 2023

Essential Oils Market Size in the United Arab Emirates

The essential oils market in the United Arab Emirates soared to $X in 2021, picking up by 249% against the previous year. Overall, consumption showed a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Essential Oils Production in the United Arab Emirates

In value terms, essential oils production rose modestly to $X in 2021 estimated in export price. Overall, production posted a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 396%. Essential oils production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Essential Oils Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of essential oils decreased by -1.6% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 284%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, essential oils exports totaled $X in 2021. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 268% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Kyrgyzstan (X tons) and India (X tons) were the main destinations of essential oils exports from the United Arab Emirates, with a combined 57% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of +518.7%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for essential oils exports from the United Arab Emirates, comprising 29% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by Oman, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia totaled +32.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+152.3% per year) and Oman (+66.3% per year).

Export Prices by Country

In 2021, the average essential oils export price amounted to $X per ton, growing by 2.4% against the previous year. Overall, the export price saw pronounced growth. The most prominent rate of growth was recorded in 2015 an increase of 49%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.

Essential Oils Imports

Imports into the United Arab Emirates

After three years of decline, overseas purchases of essential oils increased by 0.6% to X tons in 2021. Over the period under review, imports posted a mild increase. The pace of growth was the most pronounced in 2014 when imports increased by 130%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, essential oils imports skyrocketed to $X in 2021. In general, imports saw a temperate expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 88%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), the United States (X tons) and India (X tons) were the main suppliers of essential oils imports to the United Arab Emirates, together comprising 54% of total imports. These countries were followed by the UK, France, Bahrain, Germany, China, Austria, Spain, Singapore, Malaysia and Brazil, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were in Austria (with a CAGR of +82.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest essential oils suppliers to the United Arab Emirates were India ($X), France ($X) and the United States ($X), together accounting for 47% of total imports. These countries were followed by the UK, Spain, Austria, Saudi Arabia, Germany, Singapore, China, Bahrain, Malaysia and Brazil, which together accounted for a further 32%.

Bahrain, with a CAGR of +107.0%, saw the highest rates of growth with regard to 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 essential oils import price stood at $X per ton in 2021, picking up by 22% against the previous year. In general, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, essential oils import price increased by +35.9% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 59%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for essential oils in the world?
+
The countries with the highest volumes of consumption in 2021 were Germany, China and the United States, together accounting for 29% of global consumption. France, India, the UK, Brazil, Japan, Pakistan, Spain, Malaysia, Ireland and Indonesia lagged somewhat behind, together comprising a further 31%.
What are the largest producers of essential oils in the world?
+
The countries with the highest volumes of production in 2021 were China, Brazil and India, with a combined 37% share of global production. These countries were followed by Germany, the United Arab Emirates, France, Spain, Argentina, Pakistan, Russia, the UK, Italy and Madagascar, which together accounted for a further 30%.
What are the leading suppliers of essential oils to the United Arab Emirates?
+
In value terms, India, France and the United States appeared to be the largest essential oils suppliers to the United Arab Emirates, with a combined 47% share of total imports. These countries were followed by the UK, Spain, Austria, Saudi Arabia, Germany, Singapore, China, Bahrain, Malaysia and Brazil, which together accounted for a further 32%.
What are the leading importers of essential oils from the United Arab Emirates?
+
In value terms, Saudi Arabia remains the key foreign market for essential oils exports from the United Arab Emirates, comprising 29% of total exports. The second position in the ranking was held by Italy, with an 11% share of total exports. It was followed by Oman, with an 8.3% share.
What is the average export price for essential oils in the United Arab Emirates?
+
The average essential oils export price stood at $17,396 per ton in 2021, rising by 2.4% against the previous year.
What is the average import price for essential oils in the United Arab Emirates?
+
In 2021, the average essential oils import price amounted to $24,906 per ton, increasing by 22% against the previous year.

This report provides an in-depth analysis of the essential oils market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20531020 - Essential oils
Country coverage:
• United Arab Emirates

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the United Arab Emirates
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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