United Arab Emirates: Dairy Spread Market 2024

Dairy Spread Market Size in the United Arab Emirates

The dairy spread market in the United Arab Emirates expanded sharply to $X in 2022, with an increase of 7.2% against the previous year. In general, consumption continues to indicate a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Dairy Spread Production in the United Arab Emirates

In value terms, dairy spread production reached $X in 2022 estimated in export price. Overall, production saw a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 70% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Dairy Spread Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of dairy spreads were exported from the United Arab Emirates; which is down by -19.7% compared with the previous year. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 875% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, dairy spread exports reduced to $X in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 1,243%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Rwanda (X tons) was the main destination for dairy spread exports from the United Arab Emirates, with a 82% share of total exports. Moreover, dairy spread exports to Rwanda exceeded the volume sent to the second major destination, South Africa (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda totaled +325.6%.

In value terms, Rwanda ($X) emerged as the key foreign market for dairy spreads exports from the United Arab Emirates, comprising 96% of total exports. The second position in the ranking was held by South Africa ($X), with a 4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Rwanda totaled +835.2%.

Export Prices by Country

In 2022, the average dairy spread export price amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the export price showed a strong increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 149%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to South Africa amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+119.6%), while the prices for the other major destinations experienced mixed trend patterns.

Dairy Spread Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of dairy spreads were imported into the United Arab Emirates; waning by -5.1% against the previous year's figure. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 549%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, dairy spread imports reduced modestly to $X in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 534% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Denmark (X tons) and the Philippines (X tons) were the main suppliers of dairy spread imports to the United Arab Emirates, with a combined 37% share of total imports. Germany, the UK and Italy lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +96.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Denmark ($X) and the Philippines ($X) were the largest dairy spread suppliers to the United Arab Emirates, with a combined 38% share of total imports. Germany, Italy and the UK lagged somewhat behind, together comprising a further 14%.

Germany, with a CAGR of +97.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dairy spread import price amounted to $X per ton, increasing by 2.4% against the previous year. Overall, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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