Export guides: Wheat flour from UAE and wheat bran from Republic of Korea

Published 2021년 8월 5일

Tridge summary

The United Arab Emirates (UAE) relies heavily on wheat imports to support its flour production, with India and Pakistan being its main suppliers. The UAE's flour market is projected to grow by 16% from 2020 to 2024, reaching nearly 800 thousand tons. Despite tough competition and quality expectations, there is potential for Russian flour manufacturers to increase their supply to the UAE with the right marketing strategies and product adaptations.

Meanwhile, the Republic of Korea is a significant importer of wheat and wheat bran, which is primarily used for animal feed due to its high protein content. In 2020, wheat bran imports by Korea increased by 36% in volume and 31% in value, and are expected to reach between 50-60 thousand tons per year from 2021 to 2024. Agroexport, in collaboration with the World Bank and industry experts, has created export guides to assist manufacturers in organizing supplies and understanding the market dynamics, consumer preferences, and regulations in the UAE and South Korea. These guides are available for download on the Federal Center "Agroexport" website.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The United Arab Emirates is completely dependent on imports of wheat for flour production, as there are no conditions in the region for growing cereals. The structure of imports is dominated by raw materials (about 92%), the rest is made up of flour, pasta and couscous. The consumption of wheat flour in the UAE in 2020 reached 680 thousand tons. It is expected that in the long term until 2024 the market will grow by 16% and will amount to almost 800 thousand tons. India and Pakistan are the key exporters of flour to the country. Russia currently carries out insignificant supplies of flour to the Middle East state due to tough price competition from Asian countries. “The UAE market is promising and interesting for Russian manufacturers, it is not only an important economic center of the Middle East, but also a logistics hub for re-export to other countries of the region,” Elena Karmanova, head of the FEA marketing department of Makfa JSC, told Agroexport. However, there are a ...

Source: Aemcx