United Arab Emirates: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in the United Arab Emirates

The food manufacture machinery market in the United Arab Emirates skyrocketed to $X in 2021, picking up by 25% against the previous year. Overall, consumption posted a strong increase. Food manufacture machinery consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Food Manufacture Machinery Production in the United Arab Emirates

In value terms, food manufacture machinery production stood at $X in 2021 estimated in export price. Overall, production enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 when the production volume decreased by -79.4% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Food Manufacture Machinery Exports

Exports from the United Arab Emirates

In 2021, approx. X units of machinery for the preparation or manufacture of food or drink were exported from the United Arab Emirates; with an increase of 73% against the year before. Overall, exports posted a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 95%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, food manufacture machinery exports soared to $X in 2021. Over the period under review, exports continue to indicate a strong increase. The growth pace was the most rapid in 2015 with an increase of 337% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Nigeria (X units) was the main destination for food manufacture machinery exports from the United Arab Emirates, accounting for a 37% share of total exports. Moreover, food manufacture machinery exports to Nigeria exceeded the volume sent to the second major destination, Zambia (X units), twofold. Oman (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Nigeria totaled +74.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+1.6% per year) and Oman (+9.0% per year).

In value terms, Zambia ($X) remains the key foreign market for machinery for the preparation or manufacture of food or drink exports from the United Arab Emirates, comprising 64% of total exports. The second position in the ranking was held by Oman ($X), with a 16% share of total exports. It was followed by Zimbabwe, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to Zambia stood at +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+23.6% per year) and Zimbabwe (+193.6% per year).

Export Prices by Country

The average food manufacture machinery export price stood at $X per unit in 2021, surging by 58% against the previous year. Over the period under review, the export price recorded mild growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 141% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Zambia ($X per unit), while the average price for exports to Mauritania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Food Manufacture Machinery Imports

Imports into the United Arab Emirates

In 2021, the amount of machinery for the preparation or manufacture of food or drink imported into the United Arab Emirates declined to X units, waning by -6.2% against the previous year. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 153% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, food manufacture machinery imports rose rapidly to $X in 2021. Over the period under review, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 106%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Italy (X units), China (X units) and Lebanon (X units) were the main suppliers of food manufacture machinery imports to the United Arab Emirates, with a combined 29% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of +44.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest food manufacture machinery suppliers to the United Arab Emirates were China ($X), Italy ($X) and France ($X), together comprising 37% of total imports. These countries were followed by Germany, Turkey, Spain, Taiwan (Chinese) and Lebanon, which together accounted for a further 8.2%.

In terms of the main suppliers, Lebanon, with a CAGR of +34.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average food manufacture machinery import price amounted to $X per unit, growing by 16% against the previous year. In general, the import price, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2019 an increase of 64% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malta (+44.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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