United Arab Emirates: Groundnuts Market 2025

Groundnuts Market Size in the United Arab Emirates

After two years of decline, the groundnuts market in the United Arab Emirates increased by 483% to $X in 2022. In general, consumption, however, saw a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Groundnuts Exports

Exports from the United Arab Emirates

In 2022, exports of ground-nut (in-shell) from the United Arab Emirates shrank sharply to X tons, reducing by -76.1% compared with 2021. In general, exports, however, showed tangible growth. The most prominent rate of growth was recorded in 2019 with an increase of 258%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, groundnuts exports shrank remarkably to $X in 2022. Over the period under review, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2015 when exports increased by 190%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain (X tons) was the main destination for groundnuts exports from the United Arab Emirates, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Bahrain amounted to +105.9%.

In value terms, Bahrain ($X) emerged as the key foreign market for ground-nut (in-shell) exports from the United Arab Emirates.

From 2012 to 2022, the average annual growth rate of value to Bahrain totaled +82.6%.

Export Prices by Country

In 2022, the average groundnuts export price amounted to $X per ton, increasing by 18% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +10.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, groundnuts export price increased by +110.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 95% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +3.5% per year.

Groundnuts Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of ground-nut (in-shell) increased by 155% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 193%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, groundnuts imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 514% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons) and China (X tons) were the main suppliers of groundnuts imports to the United Arab Emirates.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +20.0%).

In value terms, China ($X) and India ($X) were the largest groundnuts suppliers to the United Arab Emirates.

India, with a CAGR of +24.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average groundnuts import price amounted to $X per ton, waning by -16.4% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 110%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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