United Arab Emirates: Market for Vegetables (Preserved, Frozen) 2024

Market Size for Vegetables (Preserved, Frozen) in the United Arab Emirates

The preserved and frozen vegetable market in the United Arab Emirates surged to $X in 2022, picking up by 57% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded prominent growth. Preserved and frozen vegetable consumption peaked in 2022 and is likely to continue growth in the near future.

Exports of Vegetables (Preserved, Frozen)

Exports from the United Arab Emirates

In 2022, approx. X tons of vegetables (preserved, frozen) were exported from the United Arab Emirates; picking up by 19% compared with 2021 figures. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 277% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, preserved and frozen vegetable exports soared to $X in 2022. In general, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 227%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Tanzania (X tons) was the main destination for preserved and frozen vegetable exports from the United Arab Emirates, accounting for a 60% share of total exports. Moreover, preserved and frozen vegetable exports to Tanzania exceeded the volume sent to the second major destination, Niger (X tons), sixfold. Mauritius (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to Tanzania amounted to +75.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (+152.1% per year) and Mauritius (+61.1% per year).

In value terms, Bahrain ($X), Tanzania ($X) and Mauritius ($X) were the largest markets for preserved and frozen vegetable exported from the United Arab Emirates worldwide, with a combined 52% share of total exports. Niger, Rwanda and France lagged somewhat behind, together accounting for a further 7%.

Niger, with a CAGR of +127.2%, saw the highest growth rate of the value of exports, among 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

In 2022, the average preserved and frozen vegetable export price amounted to $X per ton, waning by -2.9% against the previous year. Overall, the export price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by 26% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Tanzania ($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 Qatar (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables (Preserved, Frozen)

Imports into the United Arab Emirates

Preserved and frozen vegetable imports into the United Arab Emirates soared to X tons in 2022, picking up by 32% compared with the year before. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 88%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, preserved and frozen vegetable imports skyrocketed to $X in 2022. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 98% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Egypt (X tons) were the main suppliers of preserved and frozen vegetable imports to the United Arab Emirates, together accounting for 50% of total imports. Canada, Germany, France, India and the United States lagged somewhat behind, together comprising a further 9.7%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +30.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved and frozen vegetable suppliers to the United Arab Emirates were the Netherlands ($X), Belgium ($X) and Egypt ($X), together comprising 49% of total imports. Canada, India, Germany, France and the United States lagged somewhat behind, together comprising a further 9.4%.

Canada, with a CAGR of +20.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved and frozen vegetable import price stood at $X per ton in 2022, growing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and the Netherlands ($X per ton), while the price for France ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :