Millet Market Size in the United Arab Emirates
The millet market in the United Arab Emirates shrank to $X in 2024, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a remarkable increase. Millet consumption peaked at $X in 2023, and then declined in the following year.
Millet Exports
Exports from the United Arab Emirates
In 2024, shipments abroad of millet was finally on the rise to reach X tons for the first time since 2020, thus ending a three-year declining trend. Over the period under review, exports posted a temperate increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2024, the exports stood at a somewhat lower figure.
In value terms, millet exports skyrocketed to $X in 2024. Overall, exports showed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2024, the exports stood at a somewhat lower figure.
Exports by Country
Oman (X tons) was the main destination for millet exports from the United Arab Emirates, with a X% share of total exports. Moreover, millet exports to Oman exceeded the volume sent to the second major destination, Maldives (X tons), more than tenfold. The third position in this ranking was taken by Burkina Faso (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Oman was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and Burkina Faso (X% per year).
In value terms, Oman ($X) remains the key foreign market for millet exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Maldives ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Oman totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and Zambia (X% per year).
Export Prices by Country
In 2023, the average millet export price amounted to $X per ton, rising by X% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, millet export price decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2023, amid the top suppliers, the countries with the highest prices were Oman ($X per ton) and Zambia ($X per ton), while the average price for exports to Burkina Faso ($X per ton) and Maldives ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced mixed trend patterns.
Millet Imports
Imports into the United Arab Emirates
In 2024, approx. X tons of millet were imported into the United Arab Emirates; dropping by X% on the previous year’s figure. Over the period under review, total imports indicated a temperate expansion from 2012 to 2024: its volume increased at an average annual rate of X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons. From 2022 to 2024, the growth of imports remained at a somewhat lower figure.
In value terms, millet imports declined slightly to $X in 2024. In general, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2023, and then shrank in the following year.
Imports by Country
In 2023, India (X tons) constituted the largest supplier of millet to the United Arab Emirates, with a X% share of total imports. Moreover, millet imports from India exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), ninefold. Pakistan (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Pakistan (X% per year).
In value terms, India ($X) constituted the largest supplier of millet to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports. It was followed by Nigeria, with a X% share.
From 2012 to 2023, the average annual growth rate of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Nigeria (X% per year).
Import Prices by Country
In 2023, the average millet import price amounted to $X per ton, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, average import prices attained the peak figure in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
India constituted the country with the largest volume of millet consumption, comprising approx. 40% of total volume. Moreover, millet consumption in India exceeded the figures recorded by the second-largest consumer, Niger, fourfold. The third position in this ranking was taken by China, with an 8.5% share.
The country with the largest volume of millet production was India, accounting for 40% of total volume. Moreover, millet production in India exceeded the figures recorded by the second-largest producer, Niger, fourfold. China ranked third in terms of total production with an 8.5% share.
In value terms, India constituted the largest supplier of millet to the United Arab Emirates, comprising 85% of total imports. The second position in the ranking was taken by Ukraine, with a 6.5% share of total imports. It was followed by Nigeria, with a 3.3% share.
In value terms, Oman remains the key foreign market for millet exports from the United Arab Emirates, comprising 92% of total exports. The second position in the ranking was taken by Maldives, with a 3.5% share of total exports. It was followed by Zambia, with a 1.6% share.
In 2023, the average millet export price amounted to $588 per ton, rising by 3.1% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2023: its price increased at an average annual rate of +8.7% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, millet export price decreased by -3.8% against 2021 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 97%. The export price peaked at $612 per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.
In 2023, the average millet import price amounted to $350 per ton, surging by 4.8% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2019 an increase of 18%. The import price peaked in 2023 and is likely to see gradual growth in the immediate term.
This report provides an in-depth analysis of the millet market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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