Chicken Egg Market in the United Arab Emirates
Market Overview
After three years of growth, the chicken egg market in the United Arab Emirates decreased by -
% to $ in . The market value increased at an average annual rate of +% over the period from 2012 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $, and then shrank slightly in the following year.
In value terms, chicken egg production declined to $ in estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to : its value increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2016; however, from 2017 to , production stood at a somewhat lower figure.
% to $ in . The market value increased at an average annual rate of +% over the period from 2012 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $, and then shrank slightly in the following year.In value terms, chicken egg production declined to $
in estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to : its value increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2016; however, from 2017 to , production stood at a somewhat lower figure.Consumption
In , after ten years of growth, there was decline in consumption of chicken eggs, when its volume decreased by -% to tons. Overall, the total consumption indicated a buoyant expansion from 2012 to : its volume increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2012 indices. Over the period under review, consumption hit record highs at tons in , and then fell modestly in the following year.
The revenue of the chicken egg market in the United Arab Emirates contracted slightly to $ in , remaining stable 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). The market value increased at an average annual rate of +% from 2012 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $, and then dropped in the following year.
, after ten years of growth, there was decline in consumption of chicken eggs, when its volume decreased by -% to tons. Overall, the total consumption indicated a buoyant expansion from 2012 to : its volume increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2012 indices. Over the period under review, consumption hit record highs at tons in , and then fell modestly in the following year.The revenue of the chicken egg market in the United Arab Emirates contracted slightly to $
in , remaining stable 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). The market value increased at an average annual rate of +% from 2012 to ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $, and then dropped in the following year.Market Forecast
Driven by increasing demand for chicken eggs in the United Arab Emirates, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in the United Arab Emirates increased significantly over the last decade (from % to %).
% to %).Trade Balance
The United Arab Emirates remains a net importer of chicken egg; in physical and value terms, imports consistently exceeded exports from 2012 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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