Updated Feb 7, 2023 22:43

Market for Egg, Excluding Hen Egg in the United Arab Emirates

Market Overview
In , the egg, excluding hen egg market in the United Arab Emirates increased by % to $, rising for the third consecutive year after two years of decline. Overall, consumption, however, continues to indicate a abrupt setback. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a somewhat lower figure.


Consumption
In , consumption of eggs, excluding hen eggs increased by % to tons, rising for the third year in a row after four years of decline. Overall, consumption, however, showed a deep reduction. As a result, consumption reached the peak volume of tons. From 2016 to , the growth of the consumption remained at a somewhat lower figure.

The size of the egg, excluding hen egg market in the United Arab Emirates surged to $ in , rising by % 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, however, recorded a deep downturn. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market failed to regain momentum.


Market Forecast
Depressed by shrinking demand for egg, excluding hen egg in the United Arab Emirates, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract 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
Egg, excluding hen egg market in the United Arab Emirates consists almost entirely of imported products.


Trade Balance
The United Arab Emirates remains a net importer of egg, excluding hen 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.