Live Fish Price in Saudi Arabia - 2021
Contents:
- Live Fish Price in Saudi Arabia (FOB) - 2022
- Live Fish Price in Saudi Arabia (CIF) - 2022
- Live Fish Exports in Saudi Arabia
- Live Fish Imports in Saudi Arabia
Live Fish Price in Saudi Arabia (FOB) - 2022
In 2022, the average live fish export price amounted to $10,532 per ton, growing by 11% against the previous year. Overall, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 13%. The export price peaked at $21,418 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Yemen amounted to +25.9% per year.
Live Fish Price in Saudi Arabia (CIF) - 2022
Saudi Arabia has no trade partners to describe.
Live Fish Exports in Saudi Arabia
In 2022, live fish exports from Saudi Arabia soared to 58 tons, with an increase of 28% against 2021 figures. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 214%. As a result, the exports attained the peak of 94 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, live fish exports soared to $609K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 60%. As a result, the exports reached the peak of $792K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Live Fish in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 404 | 792 | 425 | 609 | 14.7% |
| Others | 90.0 | N/A | N/A | N/A | 0% |
| Total | 494 | 792 | 425 | 609 | 7.2% |
Top Export Markets for Live Fish from Saudi Arabia in 2022:
- United Arab Emirates (57.8 tons)
Live Fish Imports in Saudi Arabia
For the third year in a row, Saudi Arabia recorded decline in supplies from abroad of live fish, which decreased by 0% to 308 tons in 2022. In general, imports continue to indicate a precipitous descent. The smallest decline of -93.9% was in 2020.
In value terms, live fish imports stood at $2.4M in 2022. Overall, imports showed a sharp downturn. The smallest decline of -74.5% was in 2020.
| Import of Live Fish in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 9.2 | N/A | N/A | N/A | 0% |
| Cyprus | 2.8 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 5.5 | 4.6 | N/A | N/A | -16.4% |
| Others | 1.1 | 0.1 | N/A | 2.4 | 29.7% |
| Total | 18.6 | 4.7 | N/A | 2.4 | -49.5% |
Top Suppliers of Live Fish to Saudi Arabia in 2022:
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