The sugar cane feed market in the United Arab Emirates remained stable from 2014 to 2016, each year featuring a volume of 1.0 thousand metric tons. In 2017, there was a significant increase, doubling the volume to 2.0 thousand metric tons, a level which remained constant through 2023. The volume held steady at 2.0 thousand metric tons in 2023, reflecting zero year-on-year growth during the last two years, and no significant variations over this decade.
The only notable change occurred in 2017 with a 100% year-on-year increase and a resulting 5-year compound annual growth rate (CAGR) reaching 14.87%. However, subsequent years saw no growth, leading to a CAGR of 0% from 2019 to 2023. Forecasts indicate the market will remain constant through to 2028 with no further growth expected.
Future trends to watch for:
- Impact of climate change on sugar cane yields and feed availability.- Technological advances in alternative feed sources.- Potential changes in trade policies affecting feed importation.
