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United Arab Emirates - Refined Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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United Arab Emirates: Refined Palm Oil Market Overview 2021

Refined Palm Oil Market Size in the United Arab Emirates

For the third year in a row, the refined palm oil market in the United Arab Emirates recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Refined palm oil consumption peaked at $X in 2011; however, from 2012 to 2020, consumption stood at a somewhat lower figure.

Refined Palm Oil Exports

Exports from the United Arab Emirates

In 2020, approx. X tonnes of refined palm oil were exported from the United Arab Emirates; waning by -X% compared with the previous year. Overall, exports showed a deep contraction. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2011 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, refined palm oil exports contracted to $X in 2020. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2011 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Pakistan (X tonnes) was the main destination for refined palm oil exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, refined palm oil exports to Pakistan exceeded the volume sent to the second major destination, Senegal (X tonnes), twofold.

From 2007 to 2020, the average annual growth rate of volume to Pakistan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+X% per year) and Guyana (+X% per year).

In value terms, Pakistan ($X) emerged as the key foreign market for refined palm oil exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Senegal ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Pakistan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+X% per year) and Guyana (+X% per year).

Export Prices by Country

The average refined palm oil export price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, export price indicated a modest 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, refined palm oil export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2020, the country with the highest price was Senegal ($X per tonne), while the average price for exports to Guyana ($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 Guyana, while the prices for the other major destinations experienced mixed trend patterns.

Refined Palm Oil Imports

Imports into the United Arab Emirates

Refined palm oil imports into the United Arab Emirates reduced slightly to X tonnes in 2020, waning by -X% against the year before. Overall, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2011 to 2020, the growth imports failed to regain the momentum.

In value terms, refined palm oil imports fell slightly to $X in 2020. In general, imports showed a noticeable decrease. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

India (X tonnes) and Spain (X tonnes) were the main suppliers of refined palm oil imports to the United Arab Emirates.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (+X% per year).

In value terms, Spain ($X) and India ($X) were the largest refined palm oil suppliers to the United Arab Emirates.

India (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2020, the average refined palm oil import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined palm oil in the world?
+
The countries with the highest volumes of refined palm oil consumption in 2020 were China (12M tonnes), the U.S. (6.5M tonnes) and India (5.2M tonnes), with a combined 29% share of global consumption. Pakistan, Japan, Brazil, Russia, Indonesia, Bangladesh, Nigeria, Mexico and Turkey lagged somewhat behind, together comprising a further 24%.
What are the largest producers of refined palm oil in the world?
+
Indonesia (13M tonnes) remains the largest refined palm oil producing country worldwide, comprising approx. 19% of total volume. Moreover, refined palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, China (5.5M tonnes), twofold. The third position in this ranking was occupied by Malaysia (5.5M tonnes), with a 7.9% share.
What are the leading suppliers of refined palm oil to the United Arab Emirates?
+
In value terms, the largest refined palm oil suppliers to the United Arab Emirates were Spain ($95M) and India ($78M).
What are the leading importers of refined palm oil from the United Arab Emirates?
+
In value terms, Pakistan ($25M) emerged as the key foreign market for refined palm oil exports from the United Arab Emirates, comprising 53% of total exports. The second position in the ranking was occupied by Senegal ($12M), with a 26% share of total exports.
What is the average export price for refined palm oil in the United Arab Emirates?
+
In 2020, the average refined palm oil export price amounted to $1,115 per tonne, picking up by 1.7% against the previous year.
What is the average import price for refined palm oil in the United Arab Emirates?
+
In 2020, the average refined palm oil import price amounted to $561 per tonne, shrinking by -2% against the previous year.

Product coverage:
• Prodcom 10415700 - Refined palm oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined palm 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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