Animal Guts Market in the United Arab Emirates
Market Overview
The animal guts market in the United Arab Emirates reduced to $
in , shrinking 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). Overall, consumption, however, recorded a resilient expansion. Animal guts consumption peaked at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.
In value terms, animal guts production amounted to $ in estimated in export price. In general, production, however, enjoyed prominent growth. The growth pace was the most rapid in 2017 when the production volume increased by % against the previous year. Over the period under review, production attained the maximum level at $ in 2018; however, from 2019 to , production failed to regain momentum.
in , shrinking 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). Overall, consumption, however, recorded a resilient expansion. Animal guts consumption peaked at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.In value terms, animal guts production amounted to $
in estimated in export price. In general, production, however, enjoyed prominent growth. The growth pace was the most rapid in 2017 when the production volume increased by % against the previous year. Over the period under review, production attained the maximum level at $ in 2018; however, from 2019 to , production failed to regain momentum.Consumption
In , the amount of guts, bladders and stomachs of animals consumed in the United Arab Emirates shrank to tons, declining by -% on figures. In general, consumption, however, continues to indicate strong growth. As a result, consumption reached the peak volume of tons. From 2018 to , the growth of the consumption remained at a lower figure.
The revenue of the animal guts market in the United Arab Emirates dropped modestly to $ in , with a decrease of -% 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). Overall, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption failed to regain momentum.
, the amount of guts, bladders and stomachs of animals consumed in the United Arab Emirates shrank to tons, declining by -% on figures. In general, consumption, however, continues to indicate strong growth. As a result, consumption reached the peak volume of tons. From 2018 to , the growth of the consumption remained at a lower figure.The revenue of the animal guts market in the United Arab Emirates dropped modestly to $
in , with a decrease of -% 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). Overall, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market hit record highs at $ in 2018; however, from 2019 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for guts, bladders and stomachs of animals 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 retain its current trend pattern, 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
Over the period under review, the share of imports in terms of total animal guts consumption in the United Arab Emirates was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the the United Arab Emirates animal guts market is largely supplied by domestic manufacturers.
% figure. In value terms the share of imports also stood at a low figure, which means that the the United Arab Emirates animal guts market is largely supplied by domestic manufacturers.Trade Balance
The United Arab Emirates remains a net importer of animal guts; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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