United Arab Emirates: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2024

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in the United Arab Emirates

The market for protein concentrates and flavoured or coloured sugar syrups in the United Arab Emirates was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in the United Arab Emirates

In value terms, production of protein concentrates and flavoured or coloured sugar syrups reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2013 with an increase of 148%. As a result, production reached the peak level of $X. From 2014 to 2021, production of growth failed to regain momentum.

Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports from the United Arab Emirates

In 2021, shipments abroad of protein concentrates and flavoured or coloured sugar syrups was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 644% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups soared to $X in 2021. Overall, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by 1,439% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons) was the main destination for exports of protein concentrates and flavoured or coloured sugar syrups from the United Arab Emirates, accounting for a 52% share of total exports. Moreover, exports of protein concentrates and flavoured or coloured sugar syrups to Oman exceeded the volume sent to the second major destination, India (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman stood at +25.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+0.7% per year) and Saudi Arabia (+10.4% per year).

In value terms, Oman ($X) remains the key foreign market for protein concentrates and flavoured or coloured sugar syrups exports from the United Arab Emirates, comprising 53% of total exports. The second position in the ranking was held by India ($X), with a 22% share of total exports. It was followed by Indonesia, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to Oman stood at +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+7.6% per year) and Indonesia (0.0% per year).

Export Prices by Country

In 2021, the average export price for protein concentrates and flavoured or coloured sugar syrups amounted to $X per ton, surging by 14% against the previous year. Overall, the export price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of 108% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Tanzania ($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 Saudi Arabia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports into the United Arab Emirates

In 2021, the amount of protein concentrates and flavoured or coloured sugar syrups imported into the United Arab Emirates skyrocketed to X tons, growing by 52% against the previous year. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +9.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +46.6% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups soared to $X in 2021. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), India (X tons) and the UK (X tons) were the main suppliers of imports of protein concentrates and flavoured or coloured sugar syrups to the United Arab Emirates, with a combined 67% share of total imports. These countries were followed by the Netherlands, Nigeria, China and Poland, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +42.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of protein concentrates and flavoured or coloured sugar syrups to the United Arab Emirates, comprising 58% of total imports. The second position in the ranking was held by the UK ($X), with an 8.3% share of total imports. It was followed by India, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+33.1% per year) and India (+19.1% per year).

Import Prices by Country

In 2021, the average import price for protein concentrates and flavoured or coloured sugar syrups amounted to $X per ton, picking up by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 15% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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