In 2023, the milled rice supply in the UAE stood at 1.15 million metric tons. Forecasted data for the subsequent years indicate a steady increase: - 2024: 1.2 million metric tons (4.35% YoY increase) - 2025: 1.25 million metric tons (4.17% YoY increase) - 2026: 1.29 million metric tons (3.2% YoY increase) - 2027: 1.34 million metric tons (3.88% YoY increase) - 2028: 1.39 million metric tons (3.73% YoY increase)
Observing the data from 2023 to 2028, we see a consistent year-on-year growth in milled rice supply, translating into a compound average growth rate (CAGR) of approximately 3.87% over the five-year period.
Future trends to watch for include market dynamics affecting supply chains, potential shifts in consumer demand, and external economic factors. Additionally, international trade policies and climate conditions should be monitored as they could impact the overall availability and price of milled rice in the UAE.
