Report United Arab Emirates - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Feb 2, 2023

United Arab Emirates - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Peanut Butter Market 2023

Peanut Butter Market Size in the United Arab Emirates

The peanut butter market in the United Arab Emirates shrank markedly to $X in 2021, with a decrease of -21% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Peanut Butter Production in the United Arab Emirates

In value terms, peanut butter production reduced sharply to $X in 2021 estimated in export price. In general, production continues to indicate a dramatic shrinkage. Peanut butter production peaked at $X in 2020, and then dropped sharply in the following year.

Peanut Butter Exports

Exports from the United Arab Emirates

In 2021, exports of peanut butter and prepared or preserved groundnuts from the United Arab Emirates dropped modestly to X tons, declining by -4.6% on the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 24% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, peanut butter exports declined to $X in 2021. Over the period under review, total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -32.9% against 2017 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 34% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for peanut butter exports from the United Arab Emirates, with a 55% share of total exports. Moreover, peanut butter exports to Saudi Arabia exceeded the volume sent to the second major destination, Oman (X tons), twofold. Kuwait (X tons) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia totaled -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+18.5% per year) and Kuwait (+7.8% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for peanut butter and prepared or preserved groundnuts exports from the United Arab Emirates, comprising 58% of total exports. The second position in the ranking was held by Oman ($X), with a 23% share of total exports. It was followed by Kuwait, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+26.5% per year) and Kuwait (+9.8% per year).

Export Prices by Country

The average peanut butter export price stood at $X per ton in 2021, waning by -5.9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2013 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Bahrain ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into the United Arab Emirates

In 2021, supplies from abroad of peanut butter and prepared or preserved groundnuts increased by 10% to X tons for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 53% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, peanut butter imports fell to $X in 2021. In general, imports, however, recorded a mild descent. The growth pace was the most rapid in 2015 with an increase of 38%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and Argentina (X tons) were the main suppliers of peanut butter imports to the United Arab Emirates, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +49.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and the United States ($X) constituted the largest peanut butter suppliers to the United Arab Emirates, together comprising 63% of total imports.

In terms of the main suppliers, India, with a CAGR of +54.8%, saw the highest growth rate of 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

The average peanut butter import price stood at $X per ton in 2021, shrinking by -20.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21%. As a result, import price attained the peak level of $X per ton, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Kuwait ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in the world?
+
The country with the largest volume of peanut butter consumption was China, accounting for 16% of total volume. Moreover, peanut butter consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Japan ranked third in terms of total consumption with a 4.6% share.
What are the largest producers of peanut butter and prepared or preserved groundnuts in the world?
+
China constituted the country with the largest volume of peanut butter production, comprising approx. 22% of total volume. Moreover, peanut butter production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by the United States, with a 4.6% share.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts to the United Arab Emirates?
+
In value terms, China, India and the United States appeared to be the largest peanut butter suppliers to the United Arab Emirates, with a combined 63% share of total imports.
What are the leading importers of peanut butter and prepared or preserved groundnuts from the United Arab Emirates?
+
In value terms, Saudi Arabia remains the key foreign market for peanut butter and prepared or preserved groundnuts exports from the United Arab Emirates, comprising 58% of total exports. The second position in the ranking was taken by Oman, with a 23% share of total exports. It was followed by Kuwait, with a 10% share.
What is the average export price for peanut butter and prepared or preserved groundnuts in the United Arab Emirates?
+
The average peanut butter export price stood at $4,425 per ton in 2021, falling by -5.9% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in the United Arab Emirates?
+
In 2021, the average peanut butter import price amounted to $2,357 per ton, declining by -20.6% against the previous year.

This report provides an in-depth analysis of the peanut butter 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 2030.


Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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