United Arab Emirates - Ground-Nut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGroundnuts Price in the United Arab Emirates - 2021
Contents:
- Groundnuts Price in the United Arab Emirates (FOB) - 2022
- Groundnuts Price in the United Arab Emirates (CIF) - 2022
- Groundnuts Exports in the United Arab Emirates
- Groundnuts Imports in the United Arab Emirates
Groundnuts Price in the United Arab Emirates (FOB) - 2022
In 2022, the average groundnuts export price amounted to $1,571 per ton, growing by 18% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +10.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, groundnuts export price increased by +110.7% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 95% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +3.5% per year.
Groundnuts Price in the United Arab Emirates (CIF) - 2022
In 2022, the average groundnuts import price amounted to $1,084 per ton, with a decrease of -16.4% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 110%. Over the period under review, average import prices reached the peak figure at $1,365 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,249 per ton), while the price for India stood at $931 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Groundnuts Exports in the United Arab Emirates
Groundnuts exports from the United Arab Emirates reduced rapidly to 54 tons in 2022, waning by -76.1% on the year before. In general, exports showed a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 56%.
In value terms, groundnuts exports declined notably to $85K in 2022. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year.
Export of Groundnuts in the United Arab Emirates (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bahrain | 4.4 | 3.5 | 30.8 | 84.7 | 168.0% |
Afghanistan | 427 | N/A | N/A | N/A | 0% |
Oman | 96.6 | 168 | 178 | N/A | 35.7% |
Others | 16.3 | 1.9 | 91.1 | N/A | 136.4% |
Total | 544 | 174 | 300 | 84.7 | -46.2% |
Top Export Markets for Groundnuts from the United Arab Emirates in 2022:
- Bahrain (53.9 tons)
Groundnuts Imports in the United Arab Emirates
In 2022, supplies from abroad of ground-nut (in-shell) was finally on the rise to reach 922 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic downturn.
In value terms, groundnuts imports soared to $1M in 2022. Over the period under review, imports, however, continue to indicate a sharp descent.
Import of Groundnuts in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3,295 | 1,267 | 285 | 499 | -46.7% |
India | 10.4 | 227 | 40.5 | 476 | 257.7% |
Others | 48.6 | 417 | 143 | 24.5 | -20.4% |
Total | 3,354 | 1,911 | 468 | 1,000 | -33.2% |
Top Suppliers of Groundnuts to the United Arab Emirates in 2022:
- India (511.4 tons)
- China (400.0 tons)
This report provides an in-depth analysis of the groundnuts market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 242 - Groundnuts, in shell
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the groundnuts market in the United Arab Emirates.
This report provides an in-depth analysis of the global groundnuts market.
This report provides an in-depth analysis of the groundnuts market in the United Arab Emirates.
This report provides an in-depth analysis of the global groundnuts market.
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