Maize feed consumption in the United Arab Emirates saw varied changes from 2014 to 2023 with a peak of 590.0 thousand metric tons in 2017 and a subsequent drop to 373.0 thousand metric tons in 2018. By 2023, it had stabilized at 450.0 thousand metric tons, reflecting a modest year-on-year increase of 0.67%. The compound annual growth rate (CAGR) for the last five years stands at 3.82%, indicating a steady growth pattern.
The year-on-year variations highlight periods of significant fluctuation: an increase of 37.11% in 2015 and a dramatic decline of 36.78% in 2018. For the more recent years (2022-2023), growth has remained stable around the 0.67% mark. Looking ahead, forecasts suggest a steady growth trajectory with an average annual growth rate of 0.57% projected over the next five years and an overall growth rate of 2.87% by 2028.
The future trends to watch for in the maize feed market in the UAE include potential impacts of climate change on global maize supply, evolving trade policies, and advancing agricultural technologies that could influence both supply and demand dynamics in the region. Monitoring these factors will be crucial for stakeholder decision-making.
