The eggs market in the United Arab Emirates has seen consistent growth from 2014 to 2023, increasing from 100.0 thousand metric tons to 138.0 thousand metric tons. The year-on-year variations indicate a slight fluctuation, with a sharp drop in 2020 due to potential impacts from external factors. The year 2021 saw a significant recovery with a 6.86% increase, followed by stable growth. The compound annual growth rate (CAGR) over the last five years has been moderate, at approximately 1.52%, showing a stable yet steady growth trend.
Future forecasts from 2024 to 2028 predict continued growth, with a five-year CAGR of 1.22%. The market is expected to reach 149.15 thousand metric tons by 2028, which reflects a total growth rate of 6.25% over this period. This suggests a confidence in the market's resilience and capacity for consistent expansion.
Key future trends to watch for include:
- Potential impacts of global supply chain disruptions on production and availability.
- Shifts in consumer preferences and demand for organic or specialty eggs.
- Government policies and economic conditions affecting the import-export balance and pricing strategies.