The export of concentrated orange juice from the United Arab Emirates to Oman has experienced significant fluctuations over the past decade. From 2014 to 2023, the export volume has varied notably, reaching 4.29 Thousand Metric Tons in 2023. The year-on-year growth between 2022 and 2023 was 27.02%, indicating a steady recovery. Over the past five years (2019-2023), the compound annual growth rate (CAGR) was 13.72%, showing a strong upward trend.
Future forecasts from 2024 to 2028 suggest a continued increase in export volumes, with a forecasted CAGR of 3.46% and an overall growth rate of 18.55%. This steady growth trend appears promising for the sector.
Future trends to watch for include potential impacts of global economic conditions, trade policies between the UAE and Oman, and technological advancements in production and logistics that may affect export volumes and efficiency.