United Arab Emirates: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in the United Arab Emirates

The shelled hazelnut market in the United Arab Emirates fell remarkably to $X in 2022, which is down by X% against the previous year. In general, consumption, however, showed a mild expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Shelled Hazelnut Production in the United Arab Emirates

In value terms, shelled hazelnut production dropped notably to $X in 2022 estimated in export price. Over the period under review, production showed a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Shelled Hazelnut Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of shelled hazelnuts were exported from the United Arab Emirates; increasing by X% against 2021 figures. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, shelled hazelnut exports reached $X in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Iran (X tons) was the main destination for shelled hazelnut exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, shelled hazelnut exports to Iran exceeded the volume sent to the second major destination, Turkey (X tons), threefold. The third position in this ranking was taken by Saudi Arabia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iran totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Saudi Arabia (X% per year).

In value terms, Iran ($X) remains the key foreign market for shelled hazelnuts exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Iran amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Turkey (X% per year).

Export Prices by Country

The average shelled hazelnut export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Pakistan ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Algeria ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Hazelnut Imports

Imports into the United Arab Emirates

In 2022, the amount of shelled hazelnuts imported into the United Arab Emirates rose modestly to X tons, picking up by X% against the previous year's figure. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, shelled hazelnut imports shrank to $X in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Turkey (X tons) was the main supplier of shelled hazelnut to the United Arab Emirates, accounting for a X% share of total imports. It was followed by Georgia (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (X% per year) and Azerbaijan (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of shelled hazelnuts to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Georgia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

The average shelled hazelnut import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, import price indicated a slight 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, shelled hazelnut import price decreased by X% against 2017 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Azerbaijan ($X per ton), while the price for Georgia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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