Price for Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates - 2022

Contents:

  1. Price for Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates (CIF) - 2022
  2. Price for Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates (FOB) - 2022
  3. Imports of Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates
  4. Exports of Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates

Price for Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for mollusc preparations; abalone, prepared or preserveds amounted to $30,034 per ton, reducing by -34.8% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 77%. Over the period under review, average import prices attained the maximum at $100,938 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($34,727 per ton), while the price for South Korea ($6,043 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-11.3%), while the prices for the other major suppliers experienced a decline.

Price for Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates (FOB) - 2022

In 2020, the average export price for mollusc preparations; abalone, prepared or preserveds amounted to $103,033 per ton, shrinking by -18.6% against the previous year. In general, the export price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 77%. As a result, the export price attained the peak level of $126,529 per ton, and then dropped rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2014 to 2020, the rate of growth in terms of prices for Saudi Arabia amounted to -18.6% per year.

Imports of Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates

In 2022, approx. 736 kg of mollusc preparations; abalone, prepared or preserveds were imported into the United Arab Emirates; rising by 57% on the year before. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mollusc preparations; abalone, prepared or preserveds totaled $22K in 2022. In general, imports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 2.6% against the previous year.

Import of Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia10.317.718.717.719.8%
Singapore28.33.12.72.0-58.7%
FranceN/AN/AN/A1.80%
South Korea0.1N/A0.10.344.2%
Japan1.10.10.10.1-55.0%
China1.00.1N/AN/A-90.0%
OthersN/AN/AN/A0.20%
Total40.721.021.622.1-18.4%

Top Suppliers of Mollusc Preparations; Abalone, Prepared or Preserved to the United Arab Emirates in 2022:

  1. Australia (509.0 kg)
  2. France (100.0 kg)
  3. Singapore (60.0 kg)
  4. South Korea (47.0 kg)
  5. Japan (8.0 kg)

Exports of Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates

In 2020, approx. 30 kg of mollusc preparations; abalone, prepared or preserveds were exported from the United Arab Emirates; with an increase of 76% on the previous year. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; abalone, prepared or preserveds surged to $3.1K in 2020. Over the period under review, total exports indicated a significant expansion from 2019 to 2020: its value increased at an average annual rate of +43.7% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Abalone, Prepared or Preserved in the United Arab Emirates (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Saudi Arabia2.23.140.9%
OthersN/AN/A0%
Total2.23.140.9%

Top Export Markets for Mollusc Preparations; Abalone, Prepared or Preserved from the United Arab Emirates in 2022:

  1. Saudi Arabia (30.0 kg)

Source: IndexBox Market Intelligence Platform

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