United Arab Emirates: Vegetable Oils Market 2025

Vegetable Oils Market Size in the United Arab Emirates

The vegetable oils market in the United Arab Emirates skyrocketed to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced increase. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Vegetable Oils Production in the United Arab Emirates

In value terms, vegetable oils production rose notably to $X in 2022 estimated in export price. Over the period under review, production, however, saw a deep setback. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Vegetable Oils Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of vegetable fats and oils increased by X% to X tons, rising for the second year in a row after six years of decline. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, vegetable oils exports skyrocketed to $X in 2022. In general, exports recorded a resilient expansion. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Morocco (X tons), Saudi Arabia (X tons) and Kuwait (X tons) were the main destinations of vegetable oils exports from the United Arab Emirates, together comprising X% of total exports. Bahrain, Iran, Iraq, Oman, Jordan, Egypt, Tanzania, the Netherlands, Turkey and Qatar lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vegetable oils exported from the United Arab Emirates were Morocco ($X), Saudi Arabia ($X) and Kuwait ($X), with a combined X% share of total exports. Bahrain, Iran, Iraq, Oman, Jordan, Egypt, the Netherlands, Turkey, Tanzania and Qatar lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to 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 vegetable oils export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable oils export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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

Vegetable Oils Imports

Imports into the United Arab Emirates

Vegetable oils imports into the United Arab Emirates shrank dramatically to X tons in 2022, which is down by X% on 2021 figures. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, vegetable oils imports declined rapidly to $X in 2022. Over the period under review, imports, however, showed temperate growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell remarkably in the following year.

Imports by Country

Malaysia (X tons), Indonesia (X tons) and India (X tons) were the main suppliers of vegetable oils imports to the United Arab Emirates, together comprising X% of total imports. Oman, the United States and Singapore lagged somewhat behind, together accounting for a further X%.

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

In value terms, Malaysia ($X), Indonesia ($X) and India ($X) appeared to be the largest vegetable oils suppliers to the United Arab Emirates, with a combined X% share of total imports. Oman, the United States and Singapore lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, recorded 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

In 2022, the average vegetable oils import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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

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

Source: IndexBox Platform

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