United Arab Emirates: Fonio Market Overview 2021

Fonio Market Size in the United Arab Emirates

In 2019, after two years of growth, there was significant decline in the fonio market in the United Arab Emirates, when its value decreased by -X% to $X. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018, and then reduced remarkably in the following year.

Fonio Exports

Exports from the United Arab Emirates

In 2019, fonio exports from the United Arab Emirates totaled X tonnes, almost unchanged from 2018. Overall, exports recorded a relatively flat trend pattern. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, fonio exports stood at $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked in 2019 and are likely to see steady growth in the immediate term.

Exports by Country

Congo (X tonnes) was the main destination for fonio exports from the United Arab Emirates, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Congo was relatively modest.

From 2012 to 2019, the average annual growth rate of value to Congo was relatively modest.

Export Prices by Country

In 2019, the average fonio export price amounted to $X per tonne, remaining relatively unchanged against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, average export prices hit record highs in 2019 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Congo.

From 2012 to 2019, the rate of growth in terms of prices for Congo amounted to X% per year.

Fonio Imports

Imports into the United Arab Emirates

In 2019, overseas purchases of fonio decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Overall, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2018, and then reduced in the following year.

In value terms, fonio imports amounted to $X in 2019. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the Netherlands (X tonnes) was the main supplier of fonio to the United Arab Emirates, accounting for a approx. X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from the Netherlands amounted to +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of fonio to the United Arab Emirates.

From 2012 to 2019, the average annual rate of growth in terms of value from the Netherlands was relatively modest.

Import Prices by Country

The average fonio import price stood at $X per tonne in 2019, leveling off at the previous year. In general, the import price, however, faced a abrupt curtailment. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fonio in the world?

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Guinea (530K tonnes) remains the largest fonio consuming country worldwide, accounting for 76% of total volume. Moreover, fonio consumption in Guinea exceeded the figures recorded by the second-largest consumer, Nigeria (83K tonnes), sixfold. The third position in this ranking was occupied by Mali (41K tonnes), with a 5.8% share.

What are the largest producers of fonio in the world?

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The country with the largest volume of fonio production was Guinea (530K tonnes), accounting for 76% of total volume. Moreover, fonio production in Guinea exceeded the figures recorded by the second-largest producer, Nigeria (83K tonnes), sixfold. The third position in this ranking was occupied by Mali (41K tonnes), with a 5.8% share.

What are the leading suppliers of fonio to the United Arab Emirates?

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In value terms, the Netherlands ($12K) constituted the largest supplier of fonio to the United Arab Emirates.

What is the average export price for fonio in the United Arab Emirates?

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The average fonio export price stood at $5,314 per tonne in 2019, approximately equating the previous year.

What is the average import price for fonio in the United Arab Emirates?

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In 2019, the average fonio import price amounted to $2,025 per tonne, flattening at the previous year.