Between 2014 and 2023, the infant food import volume in the United Arab Emirates exhibited a general increasing trend. The volume ranged between 11.0 and 17.0 thousand metric tons, with notable year-on-year fluctuations. In 2023, the volume stood at 17.0 thousand metric tons, unchanged from 2022, indicating a stabilization. Over the past five years, the Compound Annual Growth Rate (CAGR) has been 1.22%, reflecting moderate growth.
Key Variations:
- 2015: -8.33% YoY
- 2016: 9.09% YoY
- 2017: 25% YoY
- 2018: 6.67% YoY
- 2019: 0% YoY, 5.92% CAGR
- 2020: -17% YoY, 3.84% CAGR
- 2021: 20.48% YoY, 5.92% CAGR
- 2022: 6.25% YoY, 2.53% CAGR
- 2023: 0% YoY, 1.22% CAGR
Forecast data suggests a gradual increase, predicting the import volume to reach 18.68 thousand metric tons by 2028, with a forecasted 5-year CAGR of 1.44% and an overall 5-year growth rate of 7.42%.
Future trends to watch for include potential impacts of supply chain disruptions, shifting consumer preferences towards premium products, and regulatory changes influencing import dynamics. Monitoring regional economic conditions and demographic shifts will also be crucial for understanding future import volume fluctuations.