United Arab Emirates: Soft Drink Market 2024

Soft Drink Market Size in the United Arab Emirates

In 2021, the soft drink market in the United Arab Emirates was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Soft Drink Production in the United Arab Emirates

In value terms, soft drink production soared to $X in 2021 estimated in export price. Overall, the total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -23.5% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 37% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Soft Drink Exports

Exports from the United Arab Emirates

In 2021, approx. X litres of soft drinks were exported from the United Arab Emirates; with a decrease of -6.8% compared with the previous year. Overall, exports showed a pronounced contraction. The pace of growth appeared the most rapid in 2014 with an increase of 31%. Over the period under review, the exports attained the peak figure at X litres in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, soft drink exports rose modestly to $X in 2021. In general, exports saw a slight decline. The most prominent rate of growth was recorded in 2014 with an increase of 20%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Oman (X litres), South Africa (X litres) and Saudi Arabia (X litres) were the main destinations of soft drink exports from the United Arab Emirates, with a combined 62% share of total exports.

From 2012 to 2021, the biggest increases were in South Africa (with a CAGR of +23.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soft drink exported from the United Arab Emirates were Oman ($X), South Africa ($X) and the United States ($X), with a combined 61% share of total exports.

South Africa, with a CAGR of +30.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average soft drink export price stood at $X per litre in 2021, rising by 10% against the previous year. Overall, the export price saw a slight expansion. The most prominent rate of growth was recorded in 2013 an increase of 20%. As a result, the export price attained the peak level of $X per litre. From 2014 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Soft Drink Imports

Imports into the United Arab Emirates

In 2021, supplies from abroad of soft drinks was finally on the rise to reach X litres for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 41% against the previous year. Imports peaked at X litres in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, soft drink imports skyrocketed to $X in 2021. In general, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +36.1% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of 30% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X litres), Saudi Arabia (X litres) and the Netherlands (X litres) were the main suppliers of soft drink imports to the United Arab Emirates, with a combined 37% 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 Turkey (with a CAGR of +38.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the Netherlands ($X) and Saudi Arabia ($X) constituted the largest soft drink suppliers to the United Arab Emirates, together accounting for 34% of total imports.

Turkey, with a CAGR of +46.1%, saw the highest growth rate of 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

The average soft drink import price stood at $X per litre in 2021, with an increase of 10% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2018 an increase of 13% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was India ($X per litre), while the price for Poland ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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