United Arab Emirates: Nuts Market 2024

Nuts Market Size in the United Arab Emirates

The nuts market in the United Arab Emirates shrank notably to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Nuts Production in the United Arab Emirates

In value terms, nuts production skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The average yield of nuts in the United Arab Emirates dropped dramatically to X tons per ha in 2022, reducing by X% on 2021 figures. Overall, the yield, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the yield reached the peak level of X tons per ha, and then fell remarkably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The nuts harvested area in the United Arab Emirates soared to X ha in 2022, increasing by X% on 2021. Over the period under review, the harvested area posted modest growth. The nuts harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

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Nuts Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of nuts were exported from the United Arab Emirates; increasing by X% on the previous year. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nuts exports surged to $X in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Iran (X tons) was the main destination for nuts exports from the United Arab Emirates, with a X% share of total exports. Moreover, nuts exports to Iran exceeded the volume sent to the second major destination, China (X tons), sevenfold. The third position in this ranking was held by Iraq (X tons), with a X% share.

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

In value terms, Iran ($X) emerged as the key foreign market for nuts exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports. It was followed by Iraq, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Iraq (X% per year).

Export Prices by Country

In 2022, the average nuts export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 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 Saudi Arabia ($X per ton), while the average price for exports to China ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of nuts were imported into the United Arab Emirates; growing by X% against the previous year's figure. In general, imports showed a resilient increase. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, nuts imports totaled $X in 2022. Overall, imports recorded prominent growth. 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 reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), China (X tons) and Chile (X tons) were the main suppliers of nuts imports to the United Arab Emirates, with a combined X% share of total imports. Iran lagged somewhat behind, comprising a further X%.

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

In value terms, the United States ($X) constituted the largest supplier of nuts to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the average nuts import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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