Global trade enabler DP World’s Jebel Ali Port handled 158,000 tonnes of tea in 2017, the equivalent of 50 billion tea bags, it has been revealed. The volumes reaffirm Dubai’s leading position as one of the world’s largest trading hubs for the commodity and Jebel Ali Port as the leading hub for the global tea business.
DP World highlights ongoing investment opportunities in the Middle East and North Africa (MENA) region amid industry expectations that tea sales will grow by 4.9 % between 2018 and 2022.
Ahmed Bin Sulayem, executive chairman of DMCC, which oversees Dubai’s freezone and commodities trades, said: “We have helped position Dubai as a global leader in the tea industry which complements the growing food and beverages sector here. Dubai’s world class infrastructure provides access to international markets and has played a crucial role, with more than 86 % of tea imports and exports passing through Jebel Ali Port, which offers a wide range of services such as sorting, packaging and re-exporting to regional markets that cover over 2.5 billion people.”
He continued, “Dubai has focused on long term growth in the commodity by integrating innovation into the tea supply chain and ensuring sustainable development. Meeting customer expectations is our top priority and flexible logistics services link manufacturers, distributors and consumers.”
DMCC recently held a three-day Global Dubai Tea Forum to discuss the challenges and opportunities facing regional tea markets and to highlight Dubai’s position connecting manufacturers, importers and consumers.
The Dubai Industrial Strategy 2030 offers incentives for enhancing the competitiveness of the Food and Beverage sector, including the tea industry. It aims to make Dubai an international hub for knowledge-based, innovation and sustainable industrial activities, creating new opportunities through integration between economic sectors, including commodities such as tea.
DMCC also recently held two special events, Made for Trade Live roadshows, in Madrid and Barcelona, promoting Dubai’s ports and free zones in Spain. These were attended by over 300 high level executives.
“Situated at the crossroads of the world, Dubai offers unparalleled access to some of the most exciting and fastest growing global markets. The opportunity for Spanish firms to partner with DMCC to access these trade flows, and benefit from international enterprise is one not be missed, and why we are here,” Ahmed Bin Sulayem told the Spanish audiences.