Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates - 2022

Contents:

  1. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates (FOB) - 2022
  2. Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates (CIF) - 2022
  3. Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates
  4. Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates (FOB) - 2022

The average export price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $5,720 per ton in 2022, waning by -25% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. Over the period under review, the average export prices reached the maximum at $14,532 per ton in 2014; however, from 2015 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 Oman.

From 2012 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to +11.2% per year.

Price for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates (CIF) - 2022

The average import price for fish; edible offal, other than shark fins, fish heads, tails and mawses stood at $9,903 per ton in 2022, surging by 157% against the previous year. In general, the import price, however, recorded a abrupt decrease. The import price peaked at $33,000 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 South Korea ($70,500 per ton), while the price for Nigeria ($5,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+82.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates

In 2022, shipments abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses decreased by -96.7% to 200 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a significant decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 74% against the previous year. As a result, the exports attained the peak of 39 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fish; edible offal, other than shark fins, fish heads, tails and mawses fell notably to $1.1K in 2022. In general, exports showed a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. As a result, the exports attained the peak of $199K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman2.42.01.61.1-22.9%
Hong Kong SAR15118744.5N/A-45.7%
CongoN/AN/A0.2N/A0%
ZambiaN/A10.0N/AN/A0%
Others1.1N/AN/AN/A0%
Total15419946.41.1-80.7%

Top Export Markets for Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws from the United Arab Emirates in 2022:

  1. Oman (200.0 kg)

Imports of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded decline in purchases abroad of fish; edible offal, other than shark fins, fish heads, tails and mawses, which decreased by -82.4% to 62 kg in 2022. Over the period under review, imports showed a precipitous decrease. The smallest decline of -11.3% was in 2021.

In value terms, imports of fish; edible offal, other than shark fins, fish heads, tails and mawses shrank dramatically to $614 in 2022. In general, imports continue to indicate a significant curtailment. The smallest decline of -19.9% was in 2021.

Import of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws in the United Arab Emirates (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand54.08.042.0432100.0%
South Korea10.04.02.0141141.6%
Nigeria14.07.03.041.043.1%
Senegal65.023.023.0N/A-40.5%
Oman613342308N/A-29.1%
Myanmar2,7201,253934N/A-41.4%
Others7.064.050.0N/A167.3%
Total3,4831,7011,362614-43.9%

Top Suppliers of Fish; Edible Offal, Other than Shark Fins, Fish Heads, Tails and Maws to the United Arab Emirates in 2022:

  1. Thailand (53.0 kg)
  2. Nigeria (7.0 kg)
  3. South Korea (2.0 kg)

Source: IndexBox Market Intelligence Platform

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