United Arab Emirates: Hop Market Overview 2021

Hop Market Size in the United Arab Emirates

In 2020, the hop market in the United Arab Emirates increased by X% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, consumption recorded a prominent expansion. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Hop consumption peaked in 2020 and is likely to continue growth in the near future.

Hop Production in the United Arab Emirates

In value terms, hop production expanded significantly to $X in 2020 estimated in export prices. In general, the total production indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2012 to 2020, production growth remained at a somewhat lower figure.

The average yield of hops in the United Arab Emirates stood at X kg per ha in 2020, approximately mirroring 2019 figures. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The hop harvested area in the United Arab Emirates stood at X ha in 2020, remaining stable against the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern.

Hop Exports

Exports from the United Arab Emirates

In 2020, approx. X tonnes of hops were exported from the United Arab Emirates; with a decrease of -X% against the previous year's figure. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2011 to 2020, the growth exports remained at a lower figure.

In value terms, hop exports contracted significantly to $X in 2020. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Oman (X kg), Tanzania (X kg) and Nepal (X kg) were the main destinations of hop exports from the United Arab Emirates.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nepal, while exports for the other leaders experienced a decline.

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

From 2007 to 2020, the average annual growth rate of value to Tanzania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-X% per year) and Nepal (X% per year).

Export Prices by Country

The average hop export price stood at $X per tonne in 2020, increasing by X% against the previous year. In general, the export price showed a prominent increase. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Tanzania ($X per tonne), while the average price for exports to Nepal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania, while the prices for the other major destinations experienced mixed trend patterns.

Hop Imports

Imports into the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded decline in overseas purchases of hops, which decreased by -X% to X kg in 2020. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, hop imports dropped sharply to $X in 2020. Over the period under review, imports faced a deep reduction. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2010 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Pakistan (X kg) constituted the largest hop supplier to the United Arab Emirates, with a X% share of total imports. Moreover, hop imports from Pakistan exceeded the figures recorded by the second-largest supplier, Uganda (X kg), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Pakistan stood at +X%.

In value terms, Uganda ($X) constituted the largest supplier of hop to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Uganda was relatively modest.

Import Prices by Country

In 2020, the average hop import price amounted to $X per tonne, dropping by -X% against the previous year. In general, import price indicated a moderate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, hop import price increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne, and then dropped in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Uganda ($X per tonne), while the price for Pakistan stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uganda.

Source: IndexBox Platform