Price for Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates - 2022

Contents:

  1. Price for Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates (CIF) - 2022
  2. Price for Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates (FOB) - 2022
  3. Imports of Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates
  4. Exports of Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates

Price for Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates (CIF) - 2022

The average import price for fish; live, ornamental, other than freshwater stood at $12,262 per ton in 2022, rising by 98% against the previous year. Over the period under review, the import price posted a pronounced increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($25,354 per ton), while the price for India ($2,157 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for fish; live, ornamental, other than freshwater amounted to $5,439 per ton, reducing by -22.7% against the previous year. In general, the export price, however, saw a notable expansion. The most prominent rate of growth was recorded in 2013 an increase of 62% against the previous year. The export price peaked at $13,864 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($5,863 per ton), while the average price for exports to Oman amounted to $3,540 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates

Imports of fish; live, ornamental, other than freshwater into the United Arab Emirates soared to 536 tons in 2022, with an increase of 588% against the previous year's figure. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish; live, ornamental, other than freshwater soared to $6.6M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.51.47.22,8171133.8%
Australia7.66.923.41,261449.5%
Kenya4.017.638.7651446.0%
Thailand99.712413445866.2%
Sri Lanka8.515.029.5260212.7%
Indonesia12.737.157.5183143.3%
Malaysia19.35.017.9181110.9%
Vietnam15.324.732.0153115.4%
Others66.353.4142612109.8%
Total2352854826,576203.6%

Top Suppliers of Fish; Live, Ornamental, Other than Freshwater to the United Arab Emirates in 2022:

  1. United States (111.1 tons)
  2. Australia (102.8 tons)
  3. Kenya (81.6 tons)
  4. Sri Lanka (57.1 tons)
  5. Thailand (43.6 tons)
  6. Malaysia (36.9 tons)
  7. Vietnam (23.6 tons)
  8. Indonesia (14.8 tons)

Exports of Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates

In 2022, shipments abroad of fish; live, ornamental, other than freshwater increased by 304% to 5.5 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish; live, ornamental, other than freshwater skyrocketed to $30K in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn.

Export of Fish; Live, Ornamental, Other than Freshwater in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia13.30.12.426.225.4%
Oman5.05.51.53.5-11.2%
Hong Kong SAR0.61.80.8N/A15.5%
Sri Lanka1.23.21.3N/A4.1%
Kuwait3.15.23.0N/A-1.6%
Jordan18.3N/AN/AN/A0%
Bahrain0.20.50.3N/A22.5%
Others0.31.00.4N/A15.5%
Total42.017.49.529.8-10.8%

Top Export Markets for Fish; Live, Ornamental, Other than Freshwater from the United Arab Emirates in 2022:

  1. Saudi Arabia (4.5 tons)
  2. Oman (1.0 tons)

Source: IndexBox Market Intelligence Platform

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