United Arab Emirates: Nuts Market 2022

Nuts Market Size in the United Arab Emirates

In 2020, after six years of growth, there was significant decline in the nuts market in the United Arab Emirates, when its value decreased by -X% to $X. Overall, consumption recorded a perceptible decline. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2019, and then shrank significantly in the following year.

Nuts Production in the United Arab Emirates

In value terms, nuts production rose rapidly to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Nuts Exports

Exports from the United Arab Emirates

In 2020, overseas shipments of nuts (prepared or preserved) were finally on the rise to reach X tonnes after two years of decline. Overall, exports enjoyed a temperate increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nuts exports skyrocketed to $X in 2020. Over the period under review, exports saw a resilient expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Oman (X tonnes), Kuwait (X tonnes) and Saudi Arabia (X tonnes) were the main destinations of nuts exports from the United Arab Emirates, together comprising X% of total exports. Bahrain, Yemen, France, Sudan, South Africa, Iraq and Guinea lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Sudan (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), Saudi Arabia ($X) and Kuwait ($X) were the largest markets for nuts exported from the United Arab Emirates worldwide, together accounting for X% of total exports. Bahrain, Yemen, South Africa, Sudan, Iraq, France and Guinea lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average nuts export price amounted to $X per tonne, reducing by -X% against the previous year. In general, the export price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2010 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2019, and then contracted remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Saudi Arabia ($X per tonne), while the average price for exports to France ($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 Oman, while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into the United Arab Emirates

Nuts imports into the United Arab Emirates reduced rapidly to X tonnes in 2020, which is down by -X% against the year before. Overall, imports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. from 2016 to 2020, the growth imports failed to regain the momentum.

In value terms, nuts imports declined remarkably to $X in 2020. In general, imports continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

India (X tonnes), the United States (X tonnes) and Turkey (X tonnes) were the main suppliers of nuts imports to the United Arab Emirates, together accounting for X% of total imports. Lebanon, China, the Philippines, Bangladesh, Austria, Iran, Spain, South Africa, Germany and Italy lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in South Africa, while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual rate of growth in terms of value from the United States stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (-X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2020, the average nuts import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price continues to indicate notable growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Iran, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform