The UAE's agricultural raw materials imports have exhibited variability over the past decade. From a low point in 2013, there was a general trend of gradual recovery and growth peaking in 2018, followed by a decline and stabilization. The last two years saw less than a 2% decrease, with a current standing of 0.43 Units of Goods Exports in 2023. The forecast indicates relatively stable import volumes with a minor decrease predicted by 2028, showing a five-year CAGR of -0.13%.
Future trends to watch for:
- Potential technological advancements in agriculture impacting import needs
- Government policies focusing on sustainability and local production
- Global supply chain dynamics affecting agricultural raw material availability and cost
- Climate change and its impact on both local agriculture and global agricultural markets
