In 2023, the maize export volume in the United Arab Emirates was recorded at 35.00 thousand metric tons. The forecast data from 2024 onwards show a declining trend in maize export volumes. Specifically, the figures for the upcoming years are 32.88 thousand metric tons in 2024, 30.81 in 2025, 28.79 in 2026, 26.8 in 2027, and 24.86 in 2028.
Key observations:
- Year-on-year variation from 2023 to 2024 is -6.06%.
- Year-on-year variation from 2024 to 2025 is -6.29%.
- Year-on-year variation from 2025 to 2026 is -6.55%.
- Year-on-year variation from 2026 to 2027 is -6.91%.
- Year-on-year variation from 2027 to 2028 is -7.22%.
The average annual decline (CAGR) over the five-year period from 2023 to 2028 is forecasted to be approximately -6.61%.
Future trends to watch for:
- Impact of global maize supply and demand dynamics.
- Policy changes within the UAE and key trading partners affecting trade barriers and tariffs.
- Innovations in agricultural practices increasing domestic production.
- Shifts in consumer preferences and import dependency.
Monitoring these factors will be crucial for stakeholders in the maize export market.