United Arab Emirates: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in the United Arab Emirates

The prepared dish and meal market in the United Arab Emirates soared to $X in 2021, jumping by 85% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Prepared Dishes And Meals

Exports from the United Arab Emirates

In 2021, approx. X tons of prepared dishes and meals were exported from the United Arab Emirates; with an increase of 15% on 2020. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by 159% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, prepared dish and meal exports expanded slightly to $X in 2021. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 52%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons), Oman (X tons) and Maldives (X tons) were the main destinations of prepared dish and meal exports from the United Arab Emirates, with a combined 51% share of total exports. Jordan, Kuwait, Niger, Nigeria, Kenya, Egypt, Palestine, India and Zambia lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Niger (with a CAGR of +82.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared dish and meal exported from the United Arab Emirates were Saudi Arabia ($X), Oman ($X) and Kuwait ($X), together comprising 69% of total exports. These countries were followed by Niger, Jordan, Maldives, Palestine, Egypt, Kenya, Nigeria, India and Zambia, which together accounted for a further 15%.

Among the main countries of destination, Niger, with a CAGR of +108.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average prepared dish and meal export price amounted to $X per ton, falling by -10.4% against the previous year. Overall, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 35%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Zambia ($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 Niger (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports into the United Arab Emirates

In 2021, imports of prepared dishes and meals into the United Arab Emirates skyrocketed to X tons, picking up by 50% against the previous year. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +75.6% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared dish and meal imports soared to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.2% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of prepared dish and meal imports to the United Arab Emirates, with a combined 34% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +23.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared dish and meal suppliers to the United Arab Emirates were India ($X), the United States ($X) and the UK ($X), together comprising 29% of total imports.

India, with a CAGR of +24.9%, 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

The average prepared dish and meal import price stood at $X per ton in 2021, growing by 15% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, 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 the United States ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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