United Arab Emirates: Market for Jute And Jute-Like Fibers 2024

Market Size for Jute And Jute-Like Fibers in the United Arab Emirates

The jute and jute-like fibers market in the United Arab Emirates surged to $X in 2022, growing by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Jute And Jute-Like Fibers in the United Arab Emirates

In value terms, jute and jute-like fibers production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average jute and jute-like fibers yield in the United Arab Emirates was estimated at less than X kg per ha, remaining stable against 2021. Over the period under review, the yield recorded 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.

In 2022, the jute and jute-like fibers harvested area in the United Arab Emirates totaled less than X ha, therefore, remained relatively stable against 2021 figures. In general, the harvested area saw a relatively flat trend pattern.

Exports of Jute And Jute-Like Fibers

Exports from the United Arab Emirates

Jute and jute-like fibers exports from the United Arab Emirates amounted to X tons in 2022, rising by X% against the previous year's figure. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, jute and jute-like fibers exports reached $X in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Senegal (X tons) was the main destination for jute and jute-like fibers exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, jute and jute-like fibers exports to Senegal exceeded the volume sent to the second major destination, Mauritania (X tons), fourfold. The third position in this ranking was taken by Egypt (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Senegal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (X% per year) and Egypt (X% per year).

In value terms, Senegal ($X), Mauritania ($X) and Egypt ($X) appeared to be the largest markets for jute and jute-like fibers exported from the United Arab Emirates worldwide, with a combined X% share of total exports. Mali, Pakistan, Djibouti, Democratic Republic of the Congo, Benin and Iran lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Democratic Republic of the Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average jute and jute-like fibers export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jute And Jute-Like Fibers

Imports into the United Arab Emirates

Jute and jute-like fibers imports into the United Arab Emirates surged to X tons in 2022, increasing by X% compared with 2021. Overall, imports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, jute and jute-like fibers imports surged to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Tanzania (X tons), Pakistan (X tons) and Bangladesh (X tons) were the main suppliers of jute and jute-like fibers imports to the United Arab Emirates, with a combined X% share of total imports. Kenya, Madagascar and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Madagascar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest jute and jute-like fibers suppliers to the United Arab Emirates were Pakistan ($X), Tanzania ($X) and Bangladesh ($X), with a combined X% share of total imports. Kenya, Madagascar and India lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Madagascar, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average jute and jute-like fibers import price amounted to $X per ton, leveling off at the previous year. In general, the import price showed resilient growth. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while the price for Madagascar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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