The maize oil market size volume in the United Arab Emirates recorded a decline from 12.0 Thousand Metric Tons (TMT) between 2014 and 2017 to 8.0 TMT in 2018. A recovery is observed in 2019 with a 12.5% increase, only to fall to 7.47 TMT in 2020, marking a -17% year-on-year drop. The volume has stabilized around 8.0 TMT from 2021 through 2023. However, the forecast anticipates a decline, dropping to 7.62 TMT in 2024 and reaching 6.57 TMT by 2028. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 was -9.04%, and a forecast CAGR of -2.92% is expected for the next five years.
Future trends to watch for include changes in consumer preferences, potential market diversification, and the impact of health-related regulations. Monitoring these factors will be crucial for anticipating market shifts and opportunities.
