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AU fruit & veg exports to UAE expected to rise by 15.2% in 5 years

According to IBIS World, Australia’s largest provider of industry-based research, liberalised trade laws in the United Arab Emirates (UAE) have helped the country become a hub for re-exports to the rest of the region, which includes Bahrain, Kuwait, Oman and Saudi Arabia.

IBIS World noted the Middle Eastern Gulf states have grown in size and affluence making them reliant on imports to meet demand due to the dry, arid climate across the continent.

“The value of Australian fresh, dried and frozen vegetable and fruit exports to the UAE is expected to rise at an annualised 15.2% over the five years to 2016-17. In May 2017, the UAE and Australia announced that non-tariff barriers would ease for chilled beef and lamb exports, extending the maximum allowable shelf life of these products.” the analysis organisation said.

“Meat, vegetables and fruit exports have increased most consistently across the Gulf States. However, competition to access these growing markets is strong among other agricultural export regions, such as the European Union, the United States and China.”

IBIS World said nevertheless, local exporters who can access this growing market stand to benefit from rising demand.

source: farmingahead.com.au
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