United Arab Emirates: Cream Market 2021

Cream Market Size in the United Arab Emirates

For the third consecutive year, the cream market in the United Arab Emirates recorded growth in sales value, which increased by X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Cream consumption peaked in 2020 and is likely to see steady growth in the near future.

Cream Production in the United Arab Emirates

In value terms, cream production stood at $X in 2020 estimated in export prices. Overall, the total production indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% year-to-year. Cream production peaked in 2020 and is expected to retain growth in the near future.

Cream Exports

Exports from the United Arab Emirates

In 2020, overseas shipments of cream decreased by -X% to X tons, falling for the third consecutive year after four years of growth. In general, exports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Exports peaked at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, cream exports totaled $X in 2020. Over the period under review, exports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2017 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Yemen (X tons), Seychelles (X tons) and Kuwait (X tons) were the main destinations of cream exports from the United Arab Emirates, together accounting for X% of total exports. Mauritania, Comoros, Libya and Jordan lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Comoros, while exports for the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X) remains the key foreign market for cream exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Seychelles ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Yemen totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Seychelles (+X% per year) and Kuwait (-X% per year).

Export Prices by Country

In 2020, the average cream export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Yemen ($X per ton), while the average price for exports to Comoros ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Yemen, while the prices for the other major destinations experienced a decline.

Cream Imports

Imports into the United Arab Emirates

Cream imports into the United Arab Emirates was estimated at X kg in 2020, standing approx. at 2019 figures. In general, imports enjoyed a mild increase. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of X tons. From 2009 to 2020, the growth imports remained at a lower figure.

In value terms, cream imports stood at $X in 2020. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2009, Saudi Arabia (X tons) constituted the largest cream supplier to the United Arab Emirates, with a X% share of total imports. Moreover, cream imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was occupied by France (X tons), with a X% share.

From 2007 to 2009, the average annual growth rate of volume from Saudi Arabia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and France (+X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of cream to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2009, the average annual rate of growth in terms of value from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2009, the average cream import price amounted to $X per ton, with a decrease of -X% against the previous year. In general, the import price saw a mild decline. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton, and then fell slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2009, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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