United Arab Emirates: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal in the United Arab Emirates

The meat meals and pellets market in the United Arab Emirates dropped to $X in 2021, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in the United Arab Emirates

In value terms, meat meals and pellets production declined to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 29%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports from the United Arab Emirates

In 2021, approx. X tons of flours, meals and pellets of meat or meat offal were exported from the United Arab Emirates; falling by -40.1% compared with the year before. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 1,762%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, meat meals and pellets exports dropped rapidly to $X in 2021. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 1,388%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons) and Vietnam (X tons) were the main destinations of meat meals and pellets exports from the United Arab Emirates.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of 0.0%).

In value terms, the largest markets for meat meals and pellets exported from the United Arab Emirates were Indonesia ($X) and Vietnam ($X).

Indonesia, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average meat meals and pellets export price stood at $X per ton in 2021, rising by 17% against the previous year. Overall, the export price, however, saw a mild contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 143%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Vietnam amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+31.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports into the United Arab Emirates

In 2021, approx. X tons of flours, meals and pellets of meat or meat offal were imported into the United Arab Emirates; with a decrease of -14.4% on 2020 figures. Over the period under review, imports faced a precipitous curtailment. The growth pace was the most rapid in 2016 with an increase of 3,460% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, meat meals and pellets imports contracted to $X in 2021. In general, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 560% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest meat meals and pellets supplier to the United Arab Emirates, accounting for a 71% share of total imports. Moreover, meat meals and pellets imports from the United States exceeded the figures recorded by the second-largest supplier, Tunisia (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +9.6%.

In value terms, the United States ($X) constituted the largest supplier of flours, meals and pellets of meat or meat offal to the United Arab Emirates, comprising 85% of total imports. The second position in the ranking was held by Tunisia ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +20.5%.

Import Prices by Country

The average meat meals and pellets import price stood at $X per ton in 2021, increasing by 15% against the previous year. Overall, the import price showed a remarkable increase. The growth pace was the most rapid in 2015 when the average import price increased by 386% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Tunisia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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