Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates (CIF) - 2022
- Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates (FOB) - 2022
- Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates
- Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates (CIF) - 2022
The average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s stood at $8,218 per ton in 2022, declining by -7.7% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2013 an increase of 46% against the previous year. The import price peaked at $8,900 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($29,369 per ton), while the price for Somalia ($683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $2,449 per ton, shrinking by -35% against the previous year. Overall, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 206%. Over the period under review, the average export prices reached the maximum at $9,294 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($4,051 per ton), while the average price for exports to Oman ($729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates
In 2022, approx. 183 tons of fats and oils and their fractions; of fish, (excluding liver-oils)s were imported into the United Arab Emirates; picking up by 16% on 2021 figures. Over the period under review, imports, however, recorded a pronounced shrinkage.
In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s expanded remarkably to $1.5M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 984 | 1,393 | 689 | 540 | -18.1% |
| Yemen | 2.5 | 2.3 | 4.7 | 465 | 470.8% |
| Germany | 50.4 | 65.8 | 135 | 254 | 71.4% |
| India | 11.1 | 76.4 | 241 | 108 | 113.5% |
| Portugal | N/A | N/A | N/A | 54.9 | 0% |
| Japan | 0.5 | 0.9 | 2.9 | 14.4 | 206.5% |
| Somalia | 20.1 | 14.3 | 16.5 | 6.3 | -32.1% |
| Iceland | 33.1 | 8.9 | 9.0 | 2.9 | -55.6% |
| United Kingdom | 101 | 150 | 41.7 | 2.7 | -70.1% |
| China | 52.6 | 42.2 | 62.2 | 0.7 | -76.3% |
| Spain | 5.6 | 2.6 | 4.7 | N/A | -8.4% |
| Oman | 17.6 | 17.5 | 6.7 | N/A | -38.3% |
| Others | 84.3 | 66.8 | 191 | 55.8 | -12.8% |
| Total | 1,362 | 1,841 | 1,405 | 1,505 | 3.4% |
Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to the United Arab Emirates in 2022:
- Yemen (79.3 tons)
- Portugal (29.2 tons)
- Germany (23.4 tons)
- United States (18.4 tons)
- India (16.7 tons)
- Somalia (9.2 tons)
- Japan (2.8 tons)
- Iceland (0.4 tons)
- United Kingdom (0.1 tons)
- China (0.1 tons)
Exports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates
In 2022, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s from the United Arab Emirates surged to 566 tons, jumping by 19% on 2021 figures. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 184%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fats and oils and their fractions; of fish, (excluding liver-oils)s dropped notably to $1.4M in 2022. Overall, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports attained the peak of $1.8M, and then dropped rapidly in the following year.
| Export of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 101 | 41.0 | 49.6 | 753 | 95.4% |
| Malaysia | 30.1 | 21.6 | 42.9 | 143 | 68.1% |
| Bangladesh | 59.6 | 8.6 | 51.7 | 122 | 27.0% |
| Oman | 12.8 | 6.5 | 47.3 | 117 | 109.1% |
| Iraq | 1,268 | 889 | 290 | 107 | -56.1% |
| Lebanon | 0.4 | N/A | N/A | 21.7 | 278.6% |
| Tunisia | N/A | N/A | N/A | 18.1 | 0% |
| South Korea | 1.7 | 1.0 | 4.7 | 17.8 | 118.8% |
| Egypt | 55.0 | N/A | N/A | N/A | 0% |
| Others | 122 | 434 | 1,307 | 86.3 | -10.9% |
| Total | 1,651 | 1,402 | 1,793 | 1,386 | -5.7% |
Top Export Markets for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) from the United Arab Emirates in 2022:
- Japan (185.9 tons)
- Oman (160.3 tons)
- Bangladesh (103.2 tons)
- Malaysia (38.5 tons)
- Tunisia (20.5 tons)
- Lebanon (18.0 tons)
- South Korea (17.2 tons)
- Iraq (4.3 tons)
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This report provides an in-depth analysis of the market for fish fat and oil in the United Arab Emirates.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in the United Arab Emirates.
809
This report provides an in-depth analysis of the global market for fish fat and oil.
616
Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
