united arab emirates
DESCRIPTION
UNITED ARAB EMIRATES. THE PEPPER TRADE Presented by Parsram Dhirani Royal Golden General Trading LLC Dubai. UNITED ARAB EMIRATES. POPULATION: 8,264,070 (2010 ) CAPITAL: ABU DHABI CURRENCY: DIRHAMS OFFICIAL LANGUAGE: ARABIC - PowerPoint PPT PresentationTRANSCRIPT
UNITED ARAB EMIRATES
THE PEPPER TRADE
Presented by
Parsram DhiraniRoyal Golden General Trading LLC Dubai
UNITED ARAB EMIRATESPOPULATION: 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 EMIRATESMAJOR 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
• Black Pepper• White Pepper• Cloves• Cardamom• Cumin Seeds• Nutmeg• Ginger• Chilies• Saffron
Dry Fruits
• Almonds• Cashews• Pistachio• Pine Seed• Raisins
UNITED ARAB EMIRATES“THE KING OF SPICES”
Black Pepper – Piper Nigrum
Traditional OriginsVietnamIndiaBrazilIndonesiaMalaysiaSri LankaMadagascarOthers
UNITED ARAB EMIRATESPepper Trade in UAE
Preferred origins Refundable 5% Custom Duty Physical inspection Gross for net Payment Terms 80-90% Re-export
UNITED ARAB EMIRATESPepper 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
America 13,450 14,917 16,414 22,336 17,417
Germany 6,067 14,012 14,997 10,059 10,764
UAE 7,832 11,053 13,180 11,016 10,324
UNITED ARAB EMIRATESWhy 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 Export
Destinations• GCC (7 days)• Egypt (16)• Iraq (3)• Jordan (10)• CIS states (25-30)• Libya (29)• Iran (1)
Afghanistan (7) Algeria (20) African destinations (25-30) Yemen (5) Pakistan (3) Oman (1) Turkey (18)
UNITED ARAB EMIRATESRecommendation
• Pepper Conclave during:
• Gulf Food Exhibition - Dubai
• SIAL Middle East – Abu Dhabi
• Food Agro – Tanzania
UNITED ARAB EMIRATESGlimpse into the Future
• Past – 500 faq• Present – Clean and heavy
pepper• Future – Tougher food laws• Increasing demand for superior
and sterilized goods• New airport will serve 160 mil
passengers• Popularity of food exhibitions• Candidate city for Expo 2020
Thank You