United Arab Emirates: Grain Market 2024

Grain Market Size in the United Arab Emirates

The grain market in the United Arab Emirates skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Grain Production in the United Arab Emirates

In value terms, grain production contracted to $X in 2022 estimated in export price. Over the period under review, production posted significant growth. The growth pace was the most rapid in 2017 when the production volume increased by X%. Grain production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

In 2022, the average grain yield in the United Arab Emirates expanded rapidly to X tons per ha, increasing by X% compared with 2021. In general, the yield saw a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the average grain yield reached the peak level in 2022 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of grain in the United Arab Emirates rose sharply to X ha, picking up by X% against the year before. Overall, the harvested area enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the grain harvested area remained at a somewhat lower figure.

Grain Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of grain decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, grain exports shrank markedly to $X in 2022. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Oman (X tons), Sri Lanka (X tons) and Iran (X tons) were the main destinations of grain exports from the United Arab Emirates, with a combined X% share of total exports. Russia, Qatar, India, Bahrain, Iraq, Romania, Saudi Arabia, Tanzania and Kuwait lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X,372.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) emerged as the key foreign market for grain exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania totaled X,140.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average grain export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a notable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Romania ($X per ton), while the average price for exports to Tanzania ($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 Romania (X.3%), while the prices for the other major destinations experienced more modest paces of growth.

Grain Imports

Imports into the United Arab Emirates

Grain imports into the United Arab Emirates declined to X tons in 2022, approximately mirroring the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, grain imports surged to $X in 2022. Over the period under review, total imports indicated a pronounced 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, imports increased by X% 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), Australia (X tons) and Argentina (X tons) were the main suppliers of grain imports to the United Arab Emirates, with a combined X% share of total imports. Romania, Russia, Canada and Brazil lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest grain suppliers to the United Arab Emirates were India ($X), Australia ($X) and Argentina ($X), together comprising X% of total imports. Romania, Russia, Canada and Brazil lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 grain import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price 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, grain import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($X per ton) and Brazil ($X per ton), while the price for Australia ($X per ton) and India ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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