United Arab Emirates: Roasted Malt Market 2024

Roasted Malt Market Size in the United Arab Emirates

The roasted malt market in the United Arab Emirates expanded to $X in 2022, rising by 3% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Roasted Malt Production in the United Arab Emirates

In value terms, roasted malt production rose slightly to $X in 2022 estimated in export price. Overall, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.4% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 45% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Roasted Malt Exports

Exports from the United Arab Emirates

After two years of decline, overseas shipments of roasted malt increased by 14% to X tons in 2022. In general, exports posted a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by 15,979% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, roasted malt exports expanded sharply to $X in 2022. Overall, exports showed strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 21,615%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Yemen (X tons), Oman (X tons) and Iran (X tons) were the main destinations of roasted malt exports from the United Arab Emirates, with a combined 100% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +91.0%), while the other leaders experienced mixed trend patterns.

In value terms, Oman ($X), Iran ($X) and Yemen ($X) constituted the largest markets for roasted malt exported from the United Arab Emirates worldwide, together comprising 100% of total exports.

Among the main countries of destination, Oman, with a CAGR of +83.7%, recorded 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

In 2022, the average roasted malt export price amounted to $X per ton, with a decrease of -5.7% against the previous year. Overall, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 91% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Yemen ($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 Iraq (+155.8%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Malt Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of roasted malt were imported into the United Arab Emirates; picking up by 91% compared with the year before. Overall, imports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 210% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, roasted malt imports surged to $X in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 188%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Thailand (X tons), Singapore (X tons) and the UK (X tons) were the main suppliers of roasted malt imports to the United Arab Emirates, together accounting for 54% of total imports. Lebanon, Belgium, India and Kuwait lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +2,944.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted malt suppliers to the United Arab Emirates were Thailand ($X), Singapore ($X) and Lebanon ($X), together comprising 54% of total imports. The UK, Kuwait, India and Belgium lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Belgium, with a CAGR of +3,641.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average roasted malt import price amounted to $X per ton, declining by -7.5% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, roasted malt import price increased by +40.8% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 48% against the previous year. The import price peaked at $X per ton in 2021, and then declined in the following year.

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 Kuwait ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+47.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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