United Arab Emirates: Market for Mixed Condiments, Sauses and Seasonings 2024

Market Size for Mixed Condiments, Sauses and Seasonings in the United Arab Emirates

The market for mixed condiments, sauses and seasonings in the United Arab Emirates totaled $X in 2022, stabilizing at the previous year. In general, consumption, however, saw a prominent increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Mixed Condiments, Sauses and Seasonings in the United Arab Emirates

In value terms, mixed condiment, sause and seasoning production soared to $X in 2022 estimated in export price. Overall, production recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 272% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Mixed Condiments, Sauses and Seasonings

Exports from the United Arab Emirates

In 2022, the amount of mixed condiments, sauses and seasonings exported from the United Arab Emirates contracted modestly to X tons, waning by -4.3% compared with the year before. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 43% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, mixed condiment, sause and seasoning exports fell slightly to $X in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 50% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.

Exports by Country

Tanzania (X tons), Jordan (X tons) and Turkey (X tons) were the main destinations of mixed condiment, sause and seasoning exports from the United Arab Emirates, together accounting for 52% of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +158.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), Turkey ($X) and Canada ($X) constituted the largest markets for mixed condiment, sause and seasoning exported from the United Arab Emirates worldwide, together accounting for 63% of total exports.

Among the main countries of destination, Turkey, with a CAGR of +163.8%, saw the highest growth rate of 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

The average export price for mixed condiments, sauses and seasonings stood at $X per ton in 2022, increasing by 2.4% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mixed condiment, sause and seasoning export price decreased by -0.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Tanzania ($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 Jordan (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixed Condiments, Sauses and Seasonings

Imports into the United Arab Emirates

In 2022, the amount of mixed condiments, sauses and seasonings imported into the United Arab Emirates declined to X tons, which is down by -14.6% against the previous year's figure. Overall, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +31.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, mixed condiment, sause and seasoning imports reduced to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +75.3% against 2013 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

The United States (X tons), the Philippines (X tons) and India (X tons) were the main suppliers of mixed condiment, sause and seasoning imports to the United Arab Emirates, with a combined 63% share of total imports. China, the UK, South Africa, Japan, the Netherlands, Italy, Singapore and Turkey lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +26.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of mixed condiments, sauses and seasonings to the United Arab Emirates, comprising 31% of total imports. The second position in the ranking was held by the Philippines ($X), with a 13% share of total imports. It was followed by India, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+16.4% per year) and India (+14.6% per year).

Import Prices by Country

In 2022, the average import price for mixed condiments, sauses and seasonings amounted to $X per ton, with an increase of 2.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 15% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :