Price for Fish Meal; Fit for Human Consumption in the United Arab Emirates - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in the United Arab Emirates (FOB) - 2022
- Price for Fish Meal; Fit for Human Consumption in the United Arab Emirates (CIF) - 2022
- Exports of Fish Meal; Fit for Human Consumption in the United Arab Emirates
- Imports of Fish Meal; Fit for Human Consumption in the United Arab Emirates
Price for Fish Meal; Fit for Human Consumption in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for fish meal; fit for human consumptia amounted to $1,490 per ton, growing by 24% against the previous year. In general, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 45%. The export price peaked at $4,039 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($2,655 per ton), while the average price for exports to Tanzania ($128 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 Tanzania (-1.6%), while the prices for the other major destinations experienced a decline.
Price for Fish Meal; Fit for Human Consumption in the United Arab Emirates (CIF) - 2022
The average import price for fish meal; fit for human consumptia stood at $2,276 per ton in 2022, dropping by -1.9% against the previous year. Over the period under review, the import price continues to indicate a mild descent. The pace of growth was the most pronounced in 2015 when the average import price increased by 92% against the previous year. The import price peaked at $4,806 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 India ($4,114 per ton), while the price for Yemen ($190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish Meal; Fit for Human Consumption in the United Arab Emirates
In 2022, approx. 149 tons of fish meal; fit for human consumptia were exported from the United Arab Emirates; rising by 1,942% compared with the previous year. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 2,850% against the previous year. As a result, the exports reached the peak of 434 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fish meal; fit for human consumptia skyrocketed to $222K in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 2,737% against the previous year. As a result, the exports attained the peak of $436K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fish Meal; Fit for Human Consumption in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 10.6 | 58.0 | 6.6 | 178 | 156.1% |
| Kuwait | 1.2 | 2.3 | 0.4 | 13.1 | 121.8% |
| Qatar | 0.6 | 3.2 | 0.3 | 7.9 | 136.1% |
| Pakistan | 0.2 | 1.3 | 0.2 | 7.0 | 227.1% |
| Tanzania | 0.2 | 1.4 | 0.2 | 6.7 | 222.4% |
| Somalia | N/A | 355 | N/A | N/A | 0% |
| Others | 2.5 | 15.3 | 1.2 | 9.4 | 55.5% |
| Total | 15.4 | 436 | 8.8 | 222 | 143.4% |
Top Export Markets for Fish Meal; Fit for Human Consumption from the United Arab Emirates in 2022:
- Saudi Arabia (67.2 tons)
- Tanzania (52.3 tons)
- Kuwait (15.3 tons)
- Pakistan (7.5 tons)
- Qatar (3.8 tons)
Imports of Fish Meal; Fit for Human Consumption in the United Arab Emirates
In 2022, approx. 66 tons of fish meal; fit for human consumptia were imported into the United Arab Emirates; rising by 75% compared with 2021. Over the period under review, imports, however, showed a pronounced decline.
In value terms, imports of fish meal; fit for human consumptia soared to $151K in 2022. Overall, imports, however, saw a abrupt setback.
| Import of Fish Meal; Fit for Human Consumption in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 106 | 65.9 | 30.3 | 45.6 | -24.5% |
| Philippines | 43.2 | 43.0 | 1.1 | 33.8 | -7.9% |
| Bahrain | 24.8 | 36.4 | 20.9 | 27.7 | 3.8% |
| United States | 32.4 | 34.5 | 14.0 | 18.5 | -17.0% |
| Egypt | 38.4 | 20.9 | 8.4 | 11.2 | -33.7% |
| China | 1.0 | 1.1 | 3.1 | 4.1 | 60.1% |
| Oman | 4.8 | 4.4 | 1.8 | 2.3 | -21.7% |
| Nigeria | 0.7 | N/A | 1.3 | 1.7 | 34.4% |
| Yemen | 2.8 | 1.2 | 0.4 | 0.4 | -47.7% |
| Others | 18.7 | 6.8 | 7.1 | 5.9 | -31.9% |
| Total | 273 | 214 | 88.3 | 151 | -17.9% |
Top Suppliers of Fish Meal; Fit for Human Consumption to the United Arab Emirates in 2022:
- Philippines (14.7 tons)
- India (11.1 tons)
- Bahrain (9.1 tons)
- United States (9.0 tons)
- Egypt (6.1 tons)
- Oman (4.6 tons)
- Nigeria (3.9 tons)
- China (3.3 tons)
- Yemen (2.2 tons)
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