The cassava market in the United Arab Emirates showed stability from 2014 to 2023, with yearly values hovering around 6.0 to 7.0 thousand metric tons. In 2023, the market size volume remained at 7.0 thousand metric tons, showing no year-on-year growth. Notable variations include a 16.67% increase in 2015, a 14.29% decrease in 2017, and a 16.67% increase in 2018.
The forecast period from 2024 to 2028 indicates a gradual increase in the market size volume, with the volume expected to reach 7.28 thousand metric tons by 2028. The compound annual growth rate (CAGR) forecast over the next five years is 0.56%, translating into an overall forecasted growth rate of 2.85%.
Key future trends to watch for include:
• Technological advancements in cassava cultivation and processing.
• The impact of global trade policies on cassava imports.
• Potential shifts in consumer demand driven by changing dietary preferences.