United Arab Emirates: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in the United Arab Emirates

In 2021, the market for colouring matter of vegetable or animal origin in the United Arab Emirates increased by 20% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Colouring Matter Of Vegetable Or Animal Origin in the United Arab Emirates

In value terms, vegetable or animal colouring matter production soared to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 107%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports from the United Arab Emirates

In 2021, overseas shipments of colouring matter of vegetable or animal origin decreased by -37.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 819% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, vegetable or animal colouring matter exports skyrocketed to $X in 2021. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 934%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Maldives (X tons), Brazil (X tons) and Saudi Arabia (X tons) were the main destinations of vegetable or animal colouring matter exports from the United Arab Emirates, together comprising 51% of total exports.

From 2012 to 2021, the biggest increases were recorded for Maldives (with a CAGR of +27.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vegetable or animal colouring matter exported from the United Arab Emirates were Maldives ($X), Brazil ($X) and Jordan ($X), with a combined 61% share of total exports.

Maldives, with a CAGR of +29.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for colouring matter of vegetable or animal origin stood at $X per ton in 2021, growing by 229% against the previous year. Overall, the export price posted moderate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Niger ($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.

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports into the United Arab Emirates

In 2021, after four years of growth, there was significant decline in purchases abroad of colouring matter of vegetable or animal origin, when their volume decreased by -29.8% to X tons. Over the period under review, imports, however, posted a resilient increase. The growth pace was the most rapid in 2013 with an increase of 175% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then fell rapidly in the following year.

In value terms, vegetable or animal colouring matter imports contracted to $X in 2021. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2013 when imports increased by 183% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then contracted in the following year.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of vegetable or animal colouring matter to the United Arab Emirates, with a 66% share of total imports. Moreover, vegetable or animal colouring matter imports from India exceeded the figures recorded by the second-largest supplier, the UK (X tons), fivefold. Denmark (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+21.9% per year) and Denmark (+13.9% per year).

In value terms, India ($X), the UK ($X) and Denmark ($X) constituted the largest vegetable or animal colouring matter suppliers to the United Arab Emirates, together accounting for 63% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +24.0%, saw the highest rates of growth with regard to 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 import price for colouring matter of vegetable or animal origin stood at $X per ton in 2021, jumping by 35% against the previous year. Overall, the import price, however, continues to indicate a mild descent. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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