In 2023, the value of imports of harvesting, produce cleaning, and grading machinery to the UAE stood at 8.85 million USD. Forecasted data indicates a decline in imports from 2024 to 2028, with values decreasing from 8.4831 million USD in 2024 to 7.0634 million USD in 2028.
Year-on-year variations show a continuous downturn:
- 2025: -4.31%
- 2026: -4.42%
- 2027: -4.52%
- 2028: -4.64%
- Technological advancements in agriculture that may lessen the need for imported machinery.
- Economic policies and investments in the local manufacturing sector.
- Global trade dynamics and their impact on import costs.
Looking over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) stands at -4.47%.
Future trends to watch for include: