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UNITED ARAB EMIRATES THE PEPPER TRADE Presented by Parsram Dhirani Royal Golden General Trading LLC Dubai

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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 Presentation

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Page 1: UNITED ARAB EMIRATES

UNITED ARAB EMIRATES

THE PEPPER TRADE

Presented by

Parsram DhiraniRoyal Golden General Trading LLC Dubai

Page 2: UNITED ARAB EMIRATES

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

Page 3: UNITED ARAB EMIRATES

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,

Page 4: UNITED ARAB EMIRATES

UNITED ARAB EMIRATES

SECURE & CRIME-FREE

EXCELLENT INFRASTRUCTURE POPULAR TOURIST DESTINATION

NO INCOME TAX

Page 5: UNITED ARAB EMIRATES

Spices

• Black Pepper• White Pepper• Cloves• Cardamom• Cumin Seeds• Nutmeg• Ginger• Chilies• Saffron

Dry Fruits

• Almonds• Cashews• Pistachio• Pine Seed• Raisins

Page 6: UNITED ARAB EMIRATES

UNITED ARAB EMIRATES“THE KING OF SPICES”

Black Pepper – Piper Nigrum

Traditional OriginsVietnamIndiaBrazilIndonesiaMalaysiaSri LankaMadagascarOthers

Page 7: UNITED ARAB EMIRATES

UNITED ARAB EMIRATESPepper Trade in UAE

Preferred origins Refundable 5% Custom Duty Physical inspection Gross for net Payment Terms 80-90% Re-export

Page 8: UNITED ARAB EMIRATES

UNITED ARAB EMIRATESPepper Trade in UAE (Contd)

Problems faced:◦ Arabic Labeling ◦ Quality◦ Un Timely Shipments◦ Defaults

Page 9: UNITED ARAB EMIRATES

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

Page 10: UNITED ARAB EMIRATES

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

Page 11: UNITED ARAB EMIRATES

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

Page 12: UNITED ARAB EMIRATES

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)

Page 13: UNITED ARAB EMIRATES

UNITED ARAB EMIRATESRecommendation

• Pepper Conclave during:

• Gulf Food Exhibition - Dubai

• SIAL Middle East – Abu Dhabi

• Food Agro – Tanzania

Page 14: UNITED ARAB EMIRATES

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

Page 15: UNITED ARAB EMIRATES

Thank You