United Arab Emirates: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in the United Arab Emirates

The revenue of the palm fruit oil market in the United Arab Emirates amounted to $X in 2017, declining by -X% against the previous year. In general, palm fruit oil consumption continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. In that year, the palm fruit oil market attained their peak level of $X. From 2012 to 2017, growth of the palm fruit oil market stood at a somewhat lower level.

Palm Fruit Oil Production in the United Arab Emirates

In 2017, the amount of palm fruit oil produced in the United Arab Emirates totaled X kg, leveling off at the previous year. Overall, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports in the United Arab Emirates

In 2017, palm fruit oil exports from the United Arab Emirates totaled X tons, lowering by -X% against the previous year. Overall, the total exports indicated a moderate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. The United Arab Emirates exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, palm fruit oil exports amounted to $X in 2017. Overall, palm fruit oil exports continue to indicate a temperate growth. Over the period under review, the palm fruit oil exports attained its maximum level of $X in 2016, and then declined slightly in the following year.

Palm Fruit Oil Exports by Country in the United Arab Emirates

Indonesia was the major exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Malaysia (X tons), creating X% share of total exports. The following exporters - the Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to palm fruit oil exports from Indonesia stood at +X%. At the same time, Guatemala (+X%) and Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands experienced a relatively flat trend pattern. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. Malaysia (X%) significantly strengthened its position in terms of the global exports, while Indonesia saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X), Malaysia ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Papua New Guinea, Guatemala and the United Arab Emirates, which together accounted for a further X%.

Among the main exporting countries , Guatemala (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Export Prices by Country in the United Arab Emirates

In 2017, the palm fruit oil export price in the United Arab Emirates amounted to $X per ton, falling by -X% against the previous year. Overall, palm fruit oil export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the export prices for palm fruit oil attained its maximum level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Malaysia ($X per ton) and the Netherlands ($X per ton), while Guatemala ($X per ton) and Papua New Guinea ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Imports in the United Arab Emirates

In 2017, the amount of palm fruit oil imported into the United Arab Emirates stood at X tons, dropping by -X% against the previous year. Overall, palm fruit oil imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when imports increased by X% y-o-y. The United Arab Emirates imports peaked of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, palm fruit oil imports totaled $X in 2017. In general, palm fruit oil imports continue to indicate a remarkable expansion. Over the period under review, the palm fruit oil imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Palm Fruit Oil Imports by Country in the United Arab Emirates

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) represented the main importers of palm fruit oil, together mixed up X% of total imports. Spain (X tons), Italy (X tons), Ghana (X tons), the U.S. (X tons), Bangladesh (X tons), Germany (X tons), Russia (X tons) and Myanmar (X tons) took the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Pakistan ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by the Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, the United Arab Emirates and Ghana, which together accounted for a further X%.

Among the main importing countries , Ghana (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Import Prices by Country in the United Arab Emirates

The palm fruit oil import price in the United Arab Emirates stood at $X per ton in 2017, surging by X% against the previous year. Overall, the import price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017, when the import prices increased by X% y-o-y. The United Arab Emirates import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform