United Arab Emirates: Prepared Mustard Market 2024

Prepared Mustard Market Size in the United Arab Emirates

The prepared mustard market in the United Arab Emirates soared to $X in 2021, with an increase of 19% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +11.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +166.8% against 2012 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Prepared Mustard Production in the United Arab Emirates

In value terms, prepared mustard production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production posted buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 40%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Prepared Mustard Exports

Exports from the United Arab Emirates

In 2021, exports of prepared mustard from the United Arab Emirates skyrocketed to X tons, jumping by 106% against 2020. Over the period under review, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared mustard exports soared to $X in 2021. Overall, exports showed a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by 139%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Oman (X tons), Maldives (X tons) and Tanzania (X tons) were the main destinations of prepared mustard exports from the United Arab Emirates, with a combined 74% share of total exports. Lebanon, Pakistan, Niger and Kenya lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were recorded for Niger (with a CAGR of +102.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) remains the key foreign market for prepared mustard exports from the United Arab Emirates, comprising 50% of total exports. The second position in the ranking was taken by Maldives ($X), with a 21% share of total exports. It was followed by Lebanon, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman totaled +46.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+9.9% per year) and Lebanon (+36.8% per year).

Export Prices by Country

In 2021, the average prepared mustard export price amounted to $X per ton, falling by -6.8% against the previous year. Overall, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, prepared mustard export price decreased by -19.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 48%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into the United Arab Emirates

In 2021, the amount of prepared mustard imported into the United Arab Emirates soared to X tons, with an increase of 81% compared with 2020 figures. In general, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared mustard imports surged to $X in 2021. Over the period under review, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest prepared mustard supplier to the United Arab Emirates, with a 61% share of total imports. Moreover, prepared mustard imports from the United States exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total imports with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+11.2% per year) and the Netherlands (+11.7% per year).

In value terms, the United States ($X) constituted the largest supplier of prepared mustard to the United Arab Emirates, comprising 43% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports. It was followed by the Netherlands, with an 8% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+12.7% per year) and the Netherlands (+13.9% per year).

Import Prices by Country

The average prepared mustard import price stood at $X per ton in 2021, declining by -9.1% against the previous year. Over the period under review, the import price saw a mild curtailment. The most prominent rate of growth was recorded in 2020 an increase of 9.9% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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