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United Arab Emirates - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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United Arab Emirates: Virgin Olive Oil Market Overview 2021

Virgin Olive Oil Market Size in the United Arab Emirates

After two years of growth, the virgin olive oil market in the United Arab Emirates decreased by -X% to $X in 2020. Over the period under review, consumption showed a deep reduction. The pace of growth appeared the most rapid in 2012 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2019, and then fell notably in the following year.

Virgin Olive Oil Exports

Exports from the United Arab Emirates

In 2020, the amount of virgin olive oil exported from the United Arab Emirates expanded rapidly to X tonnes, picking up by X% against the year before. Over the period under review, exports saw a prominent expansion. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, virgin olive oil exports skyrocketed to $X in 2020. Overall, exports showed prominent growth. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2020 and are likely to continue growth in the near future.

Exports by Country

Uganda (X tonnes), the U.S. (X tonnes) and the Netherlands (X tonnes) were the main destinations of virgin olive oil exports from the United Arab Emirates, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for virgin olive oil exported from the United Arab Emirates were the Netherlands ($X), Uganda ($X) and the U.S. ($X), together accounting for X% of total exports.

In terms of the main countries of destination, the Netherlands (+X% per year) recorded the highest growth rate of 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 2020, the average virgin olive oil export price amounted to $X per tonne, growing by X% against the previous year. In general, export price indicated a tangible increase from 2007 to 2020: its price 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, virgin olive oil export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. The export price peaked in 2020 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to Gambia ($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 Democratic Republic of the Congo, while the prices for the other major destinations experienced more modest paces of growth.

Virgin Olive Oil Imports

Imports into the United Arab Emirates

In 2020, after two years of growth, there was significant decline in supplies from abroad of virgin olive oil, when their volume decreased by -X% to X tonnes. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2019, and then declined sharply in the following year.

In value terms, virgin olive oil imports dropped notably to $X in 2020. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019, and then fell dramatically in the following year.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest supplier of virgin olive oil to the United Arab Emirates, accounting for a X% share of total imports. Moreover, virgin olive oil imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), sevenfold.

From 2007 to 2020, the average annual growth rate of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Greece (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Greece (+X% per year).

Import Prices by Country

In 2020, the average virgin olive oil import price amounted to $X per tonne, falling by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for virgin olive oil in the world?
+
Spain (1.3M tonnes) remains the largest virgin olive oil consuming country worldwide, comprising approx. 33% of total volume. Moreover, virgin olive oil consumption in Spain exceeded the figures recorded by the second-largest consumer, Italy (498K tonnes), threefold. The U.S. (313K tonnes) ranked third in terms of total consumption with a 7.9% share.
What are the largest producers of virgin olive oil in the world?
+
Spain (1.9M tonnes) constituted the country with the largest volume of virgin olive oil production, comprising approx. 49% of total volume. Moreover, virgin olive oil production in Spain exceeded the figures recorded by the second-largest producer, Tunisia (462K tonnes), fourfold. Greece (329K tonnes) ranked third in terms of total production with a 8.3% share.
What are the leading suppliers of virgin olive oil to the United Arab Emirates?
+
In value terms, Spain ($12M) constituted the largest supplier of virgin olive oil to the United Arab Emirates, comprising 73% of total imports. The second position in the ranking was occupied by Italy ($2.7M), with a 16% share of total imports.
What are the leading importers of virgin olive oil from the United Arab Emirates?
+
In value terms, the largest markets for virgin olive oil exported from the United Arab Emirates were the Netherlands ($1.1M), Uganda ($1.1M) and the U.S. ($743K), together accounting for 71% of total exports.
What is the average export price for virgin olive oil in the United Arab Emirates?
+
The average virgin olive oil export price stood at $3,149 per tonne in 2020, with an increase of 3.6% against the previous year.
What is the average import price for virgin olive oil in the United Arab Emirates?
+
In 2020, the average virgin olive oil import price amounted to $3,895 per tonne, falling by -5.2% against the previous year.

Product coverage:
• FCL 261 - Oil of Olives, Virgin

This report provides an in-depth analysis of the virgin olive oil market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• United Arab Emirates

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the United Arab Emirates
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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