UNITED ARAB EMIRATES THE E PE PEPP PPER ER TRAD ADE Prese esent nted ed by Parsram m Dhirani ni Royal yal Golden den Gener eral al Trad ading ng LLC Dubai ubai
UNITED ARAB EMIRATES POPULATION: 8,264,070 (2010 ) CAPITAL: ABU DHABI CURRENCY: DIRHAMS OFFICIAL LANGUAGE: ARABIC EMIRATES (7) : ABU DHABI, DUBAI, SHARJAH, AJMAN, FUJEIRAH, RAS AL KHAIMAH, & UMM AL QUWAIN
UNITED ARAB EMIRATES MAJOR COMMERCIAL HUB SEAPORTS: Dubai, Jebel Ali AIRPORTS: TERMINALS 1,2,3 and Al Maktoum International Airport BEST AIR LINE CONNECTIVITY LAND: METRO, BUSES, TAXIS,
UNITED ARAB EMIRATES SECURE & CRIME-FREE EXCELLENT INFRASTRUCTURE POPULAR TOURIST DESTINATION NO INCOME TAX
Spices Dry Fruits its • Black Pepper • Almonds • Cashews • White Pepper • Pistachio • Cloves • Pine Seed • Cardamom • Raisins • Cumin Seeds • Nutmeg • Ginger • Chilies • Saffron
UNITED ARAB EMIRATES “ THE HE KING G OF SPICE CES ” Black ck Pepper er – Pip iper r Nigru rum Traditional Origins Vietnam India Brazil Indonesia Malaysia Sri Lanka Madagascar Others
UNITED ARAB EMIRATES Pepper er Trade in UAE Preferred origins Refundable 5% Custom Duty Physical inspection Gross for net Payment Terms 80-90% Re-export
UNITED ARAB EMIRATES Pepper Trade in UAE (Contd) Problems faced: ◦ Arabic Labeling ◦ Quality ◦ Un Timely Shipments ◦ Defaults
Annual UAE Imports of Black Pepper (MT) Country 2009 2010 2011 2012 Vietnam 11,056 13,325 12,310 10,310 India 439 534 1,218 281 Brazil 127 108 211 103 Indonesia 61 28 28 47 Sri Lanka 34 129 16 141 Malaysia 1 1 1 2 Others 300 300 300 300 Total 12,018 14,425 14,084 11,184
TOP THREE IMPORTING COUNTRIES FROM VIETNAM Imports Per Year (Metric Tons ) 2008 2009 2010 2011 2012 13,450 14,917 16,414 22,336 17,417 America Germany 6,067 14,012 14,997 10,059 10,764 UAE 7,832 11,053 13,180 11,016 10,324
UNITED ARAB EMIRATES Why Dubai? Gate way to many markets Inspect material before purchase Raw materials from multi origins Fair price and well dried goods Assorted container Quick shipments Fast custom clearance Short transit time Fast and efficient banking Visa within 24 hours Buyers enjoy credit facility
UNITED ARAB EMIRATES • Major r Export Destinat inatio ions ns • GCC (7 days) Afghanistan (7) • Egypt (16) Algeria (20) • Iraq (3) African destinations (25-30) • Jordan (10) Yemen (5) • CIS states (25-30) Pakistan (3) • Libya (29) Oman (1) • Iran (1) Turkey (18)
UNITED ARAB EMIRATES Reco comme mmend ndati ation on • Pepper Conclave during: • Gulf Food Exhibition - Dubai • SIAL Middle East – Abu Dhabi • Food Agro – Tanzania
UNITED ARAB EMIRATES Glim impse pse into to the e Futu ture • Past t – 500 faq • Presen ent t – Clean ean and d heavy avy pepp pper er • Futur ture e – Toughe ugher food ood laws • Inc ncreas easin ing g deman mand d for or superio perior and d sterili erilized zed good ods • New airport port will ll serve e 160 mil il passen senger gers • Popu pular larit ity y of foo ood exh xhib ibit ition ons • Candi ndidate ate city ty for Exp xpo o 2020
Thank k You
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