ABU DHABI, 13th June, 2016 (WAM) — The Ministry of Economy today shared the results of a recent study showing that the UAE consumed 422,000 tons of poultry meat at a cost of AED 3.2 billion in 2014. The findings are based on official data on domestic production and foreign trade of poultry meat.

According to the study, UAE imports of poultry meat in 2015 amounted to AED 2.977 billion, growing 5.9 per cent over 2014. Exports, on the other hand, stood at nearly AED 40.92 million, while re-exports were worth AED 79.5 million.

The study was prepared by the Ministry’s Department of Analysis, Commercial and Industrial Information. Domestic production was found to account for only 11 per cent of the total consumption for 2014. A total of 24 poultry farms produced approximately 52,000 tons worth almost AED 592 million for the year.

Results showed that the UAE gave great importance to the agricultural sector as it provides sufficient amounts of food to meet local needs, maintain food security, and support economic diversification. Based on current prices, the agricultural sector formed 1 per cent of the UAE’s non-oil Gross Domestic product in 2014.

The study also revealed Brazil as a major source for poultry meat in 2015, accounting for 71.5 per cent of the UAE’s imports. The US came in second at 6.7 per cent, followed by the KSA at 5.3 per cent, the Sultanate of Oman at 3.7 per cent, and France at 3.6 per cent.

According to the study, the primary recipients of the UAE’s poultry meat exports are Kuwait, Oman, Lebanon, Qatar, Bahrain, Somalia, Jordan and Saudi Arabia.

As for re-exports, Brazil ranked first at 22.4 per cent, followed by Oman at 22.3 per cent, Afghanistan at 13.4 per cent, Turkmenistan at 5.1 percent, and the Maldives at 4.3 percent.

WAM/Hazem/bashir