Somalia: Date Market 2020

Date Market Size in Somalia

The revenue of the date market in Somalia amounted to $X in 2018, picking up by X% against the previous year. Overall, date consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Somalia date consumption peaked in 2018 and is likely to continue its growth in the near future.

Date Production in Somalia

In value terms, date production totaled $X in 2018 estimated in export prices. In general, date production continues to indicate a slight contraction. The pace of growth was the most pronounced in 2014 when production volume increased by X% y-o-y. In that year, date production attained its peak level of $X. From 2015 to 2018, date production growth failed to regain its momentum.

In 2018, the average yield of dates in Somalia amounted to X ton per ha, remaining constant against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. The global date yield peaked in 2018 and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Date harvested area in Somalia amounted to X ha in 2018, remaining constant against the previous year. Over the period under review, the date harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to date production reached its maximum in 2018 and is expected to retain its growth in the immediate term.

Date Exports

Exports from Somalia

Date exports from Somalia totaled X kg in 2014, flattening at the previous year. In general, date exports continue to indicate a precipitous drop. Somalia exports peaked at X tons in 2010; however, from 2011 to 2014, exports stood at a somewhat lower figure.

In value terms, date exports stood at $X in 2014. In general, date exports continue to indicate a dramatic reduction. Somalia exports peaked at $X in 2010; however, from 2011 to 2014, exports stood at a somewhat lower figure.

Exports by Country

The countries with the highest levels of date exports in 2018 were Iraq (X tons), Iran (X tons), Pakistan (X tons), Tunisia (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons), together finishing at X% of total export. It was distantly followed by Israel (X tons), mixing up a X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

In value terms, the largest date markets from Somalia were Tunisia ($X), Israel ($X) and Iran ($X), with a combined X% share of total exports. Saudi Arabia, Pakistan, the United Arab Emirates and Iraq lagged somewhat behind, together comprising a further X terms of the main exporting countries, the United Arab Emirates recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the date export price in Somalia amounted to $X per ton, remaining stable against the previous year. In general, the date export price continues to indicate noticeable growth. Somalia export price peaked at $X per ton in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Israel ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced mixed trends in the export price figures.

Date Imports

Imports into Somalia

In 2018, approx. X tons of dates were imported into Somalia; surging by X% against the previous year. Over the period under review, date imports continue to indicate an outstanding expansion. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, date imports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, date imports amounted to $X in 2018. In general, date imports continue to indicate resilient growth. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Somalia imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

India was the largest importer of dates in the world, with the volume of imports reaching X tons, which was approx. X% of total imports in 2018. Morocco (X tons), the United Arab Emirates (X tons), Indonesia (X tons), Turkey (X tons), the U.S. (X tons), France (X tons), Malaysia (X tons), Bangladesh (X tons), the UK (X tons), Germany (X tons) and Yemen (X tons) took a minor share of total imports.

India was also the fastest-growing in terms of the dates imports, with a CAGR of +X% from 2007 to 2018. At the same time, Turkey (+X%), Bangladesh (+X%), the U.S. (+X%), the United Arab Emirates (+X%), Indonesia (+X%), Yemen (+X%), Malaysia (+X%), Germany (+X%), the UK (+X%) and France (+X%) displayed positive paces of growth. Morocco experienced a relatively flat trend pattern. India (+X p.p.), Turkey (+X p.p.), the United Arab Emirates (+X p.p.), the U.S. (+X p.p.), Bangladesh (+X p.p.) and Indonesia (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported dates into Somalia, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by France, with a X% share.

In India, date imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the date import price in Somalia amounted to $X per ton, rising by X% against the previous year. In general, the date import price, however, continues to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. Over the period under review, the import prices for dates reached their maximum at $X per ton in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform