United Arab Emirates: Grain Market 2024

Grain Market Size in the United Arab Emirates

After two years of decline, the grain market in the United Arab Emirates increased by X% to $X in 2022. In general, consumption showed tangible growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Grain Production in the United Arab Emirates

In value terms, grain production plummeted to $X in 2022 estimated in export price. Over the period under review, production recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The average yield of cereal grains in the United Arab Emirates skyrocketed to X tons per ha in 2022, picking up by X% compared with the previous year. Over the period under review, the yield, however, showed a deep slump. The grain yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The grain harvested area in the United Arab Emirates expanded markedly to X ha in 2022, increasing by X% compared with the year before. In general, the harvested area continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2020 to 2022, the growth of the grain harvested area remained at a somewhat lower figure.

Grain Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of cereal grains decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, grain exports shrank dramatically to $X in 2022. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons), Sri Lanka (X tons) and Iran (X tons) were the main destinations of grain exports from the United Arab Emirates, together comprising X% of total exports. Russia, Qatar, India, Bahrain, Iraq, Romania, Saudi Arabia and Kuwait 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 Romania (with a CAGR of X.3%), while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) emerged as the key foreign market for cereal grains exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania amounted to X,497.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Oman (X% per year).

Export Prices by Country

The average grain export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price enjoyed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Russia ($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 Romania (X.9%), while the prices for the other major destinations experienced more modest paces of growth.

Grain Imports

Imports into the United Arab Emirates

In 2022, the amount of cereal grains imported into the United Arab Emirates dropped modestly to X tons, almost unchanged from the previous year. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, grain imports soared to $X in 2022. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), Australia (X tons) and Argentina (X tons) were the main suppliers of grain imports to the United Arab Emirates, with a combined X% share of total imports. Romania, Russia, Canada and Brazil lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest grain suppliers to the United Arab Emirates were India ($X), Australia ($X) and Argentina ($X), with a combined X% share of total imports. Romania, Russia, Canada and Brazil lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw 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 grain import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated moderate growth 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, grain import price increased by X% against 2018 indices. As a result, import price attained 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 Canada ($X per ton) and Brazil ($X per ton), while the price for Australia ($X per ton) and India ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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