United Arab Emirates: Crispbread Market 2024

Crispbread Market Size in the United Arab Emirates

The crispbread market in the United Arab Emirates expanded sharply to $X in 2021, picking up by 6.1% against the previous year. Overall, consumption saw a prominent expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Crispbread Production in the United Arab Emirates

In value terms, crispbread production declined to $X in 2021 estimated in export price. In general, production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 97%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Crispbread Exports

Exports from the United Arab Emirates

In 2021, approx. X tons of crispbread were exported from the United Arab Emirates; which is down by -24.8% compared with 2020. In general, exports, however, showed a modest expansion. The growth pace was the most rapid in 2017 when exports increased by 155% 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, crispbread exports shrank significantly to $X in 2021. Over the period under review, exports, however, saw a strong expansion. The growth pace was the most rapid in 2016 with an increase of 208%. The exports peaked at $X in 2020, and then reduced remarkably in the following year.

Exports by Country

Tanzania (X tons), Oman (X tons) and Comoros (X tons) were the main destinations of crispbread exports from the United Arab Emirates, together comprising 65% of total exports. Saudi Arabia, France and Seychelles lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +79.9%), while the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) remains the key foreign market for crispbread exports from the United Arab Emirates, comprising 55% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 24% share of total exports. It was followed by Tanzania, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman totaled +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+120.1% per year) and Tanzania (+21.1% per year).

Export Prices by Country

In 2021, the average crispbread export price amounted to $X per ton, reducing by -5% against the previous year. In general, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 60% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then shrank slightly 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 Oman ($X per ton), while the average price for exports to Tanzania ($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 Saudi Arabia (+98.3%), while the prices for the other major destinations experienced more modest paces of growth.

Crispbread Imports

Imports into the United Arab Emirates

In 2021, approx. X tons of crispbread were imported into the United Arab Emirates; picking up by 49% compared with the previous year's figure. In general, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, crispbread imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +10.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +62.5% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Thailand (X tons) constituted the largest crispbread supplier to the United Arab Emirates, accounting for a 33% share of total imports. Moreover, crispbread imports from Thailand exceeded the figures recorded by the second-largest supplier, the UK (X tons), fivefold. The third position in this ranking was taken by Indonesia (X tons), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Thailand amounted to +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-1.3% per year) and Indonesia (+32.3% per year).

In value terms, Thailand ($X) constituted the largest supplier of crispbread to the United Arab Emirates, comprising 30% of total imports. The second position in the ranking was taken by the UK ($X), with a 10% share of total imports. It was followed by Poland, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from Thailand stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+0.2% per year) and Poland (+63.0% per year).

Import Prices by Country

In 2021, the average crispbread import price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the import price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+71.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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