In 2023, the demand for millet in the UAE stood at 16,000 Metric Tons. Forecasted data from 2024 to 2028 shows a gradual decline in demand, from 15.9 to 15.6 Thousand Metric Tons. Year-on-year variation indicates a slight decrease in demand:
- 2024: -0.63%
- 2025: -0.63%
- 2026: -0.63%
- 2027: -0.63%
- 2028: -0.64%
The average annual decline (CAGR) over the five-year period from 2024 to 2028 is approximately -0.59%. While this represents a minor decline, the overall trend suggests a downward trajectory in millet demand.
Future trends to watch for include shifts in consumer preferences towards alternative grains, government policies impacting agricultural imports, and potential environmental changes affecting millet production. Monitoring these factors will be crucial in understanding the long-term demand dynamics in the UAE.
