United Arab Emirates: Nuts Market 2024

Nuts Market Size in the United Arab Emirates

The nuts market in the United Arab Emirates fell rapidly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a slight increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Nuts Production in the United Arab Emirates

In value terms, nuts production surged to $X in 2022 estimated in export price. In general, production posted a significant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of nuts in the United Arab Emirates reduced dramatically to X tons per ha in 2022, with a decrease of X% against the year before. In general, the yield, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then shrank remarkably in the following year. 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 nuts in the United Arab Emirates skyrocketed to X ha, growing by X% compared with 2021 figures. Over the period under review, the harvested area enjoyed a modest expansion. Over the period under review, the harvested area dedicated to nuts production reached the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Nuts Exports

Exports from the United Arab Emirates

In 2022, exports of nuts from the United Arab Emirates skyrocketed to X tons, picking up by X% compared with 2021. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nuts exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Iran (X tons) was the main destination for nuts exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, nuts exports to Iran exceeded the volume sent to the second major destination, China (X tons), sevenfold. Iraq (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Iraq (X% per year).

In value terms, Iran ($X) emerged as the key foreign market for nuts exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports. It was followed by Iraq, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iran amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Iraq (X% per year).

Export Prices by Country

The average nuts export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price saw a mild decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 Saudi Arabia ($X per ton), while the average price for exports to China ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into the United Arab Emirates

Nuts imports into the United Arab Emirates rose significantly to X tons in 2022, picking up by X% compared with 2021. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, nuts imports amounted to $X in 2022. Overall, imports recorded a resilient expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), China (X tons) and Chile (X tons) were the main suppliers of nuts imports to the United Arab Emirates, with a combined X% share of total imports. Iran and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X) constituted the largest supplier of nuts to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Iran (X% per year).

Import Prices by Country

The average nuts import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a 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 Iran ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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