The oilseeds feed market in the United Arab Emirates experienced significant fluctuations from 2014 to 2023, demonstrating a period of volatile adjustments followed by a stabilization and subsequent growth. The year 2023 saw a volume of 50.0 thousand metric tons, marking a 6.38% increase from 2022. Historical data reveals dramatic shifts, particularly the 242.86% rise from 2017 to 2018, and the more stabilized growth trend that followed. The compound annual growth rate (CAGR) over the past five years stands at a modest 0.82%, indicating a more consistent upward trend.
Future trends forecast a continued upward trajectory with a CAGR of 3.24% over the next five years, projecting a 17.31% growth rate by 2028. Monitoring shifts in global oilseed production and import policies will be crucial for anticipating market dynamics in the UAE.
