United Arab Emirates: Dairy Produce Market 2024

Dairy Produce Market Size in the United Arab Emirates

The dairy produce market in the United Arab Emirates amounted to $X in 2022, remaining relatively unchanged against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Dairy produce consumption peaked in 2022 and is likely to continue growth in years to come.

Dairy Produce Production in the United Arab Emirates

In value terms, dairy produce production fell to $X in 2022 estimated in export price. In general, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Dairy Produce Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of dairy produce were finally on the rise to reach X tons after three years of decline. Overall, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dairy produce exports surged to $X in 2022. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Oman (X tons), Saudi Arabia (X tons) and Yemen (X tons) were the main destinations of dairy produce exports from the United Arab Emirates, together accounting for X% of total exports. Tanzania, Somalia, Iraq, Sudan, Jordan, New Zealand, Kuwait and Iran lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dairy produce exported from the United Arab Emirates were Saudi Arabia ($X), Somalia ($X) and Yemen ($X), with a combined X% share of total exports. Oman, Iraq, Sudan, Jordan, New Zealand, Kuwait, Tanzania and Iran lagged somewhat behind, together accounting for a further X%.

New Zealand, with a CAGR of X%, 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 dairy produce export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, showed a mild decrease. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Produce Imports

Imports into the United Arab Emirates

In 2022, the amount of dairy produce imported into the United Arab Emirates rose rapidly to X tons, increasing by X% compared with the previous year. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, dairy produce imports surged to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest dairy produce supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, dairy produce imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and the Netherlands (X% per year).

In value terms, New Zealand ($X), Saudi Arabia ($X) and the Netherlands ($X) constituted the largest dairy produce suppliers to the United Arab Emirates, with a combined X% share of total imports. France, Australia, Ireland, India, Germany, Denmark, the United States, Oman, Turkey and Iran lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Iran, with a CAGR of X%, recorded the highest growth rate of 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 dairy produce import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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