United Arab Emirates - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in the United Arab Emirates - 2021
Contents:
- Frozen Crustaceans Price in the United Arab Emirates (CIF) - 2022
- Frozen Crustaceans Price in the United Arab Emirates (FOB) - 2022
- Frozen Crustaceans Imports in the United Arab Emirates
- Frozen Crustaceans Exports in the United Arab Emirates
Frozen Crustaceans Price in the United Arab Emirates (CIF) - 2022
In 2022, the average frozen crustaceans import price amounted to $5,532 per ton, with a decrease of -5% against the previous year. Overall, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 13%. As a result, import price reached the peak level of $8,765 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Vietnam ($9,287 per ton), while the price for Iran ($2,275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Crustaceans Price in the United Arab Emirates (FOB) - 2022
The average frozen crustaceans export price stood at $8,232 per ton in 2022, waning by -11.9% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average export price increased by 53%. The export price peaked at $9,340 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($11,859 per ton), while the average price for exports to Morocco ($2,461 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 Saudi Arabia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Crustaceans Imports in the United Arab Emirates
In 2022, the amount of frozen crustaceans imported into the United Arab Emirates rose sharply to 50K tons, with an increase of 7.8% compared with the year before. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, frozen crustaceans imports rose modestly to $279M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Frozen Crustaceans in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 165 | 140 | 135 | 129 | -7.9% |
| Ecuador | 1.1 | 18.0 | 39.6 | 50.5 | 258.1% |
| Iran | 15.1 | 15.5 | 27.0 | 29.1 | 24.4% |
| Pakistan | 18.8 | 22.6 | 17.6 | 11.6 | -14.9% |
| Vietnam | 16.9 | 9.3 | 14.2 | 8.9 | -19.2% |
| Oman | 0.5 | 1.1 | 2.6 | 3.3 | 87.6% |
| Others | 26.0 | 16.8 | 36.7 | 46.6 | 21.5% |
| Total | 244 | 223 | 273 | 279 | 4.6% |
Top Suppliers of Frozen Crustaceans to the United Arab Emirates in 2022:
- India (22.2K tons)
- Iran (12.8K tons)
- Ecuador (8.7K tons)
- Pakistan (2.2K tons)
- Vietnam (1.0K tons)
- Oman (0.8K tons)
Frozen Crustaceans Exports in the United Arab Emirates
In 2022, exports of frozen crustaceans from the United Arab Emirates contracted dramatically to 4.7K tons, with a decrease of -76.2% compared with 2021. Overall, exports recorded a precipitous contraction. The smallest decline of -0.2% was in 2020.
In value terms, frozen crustaceans exports dropped remarkably to $38M in 2022. Over the period under review, exports recorded a dramatic shrinkage. The smallest decline of -9.5% was in 2020.
| Export of Frozen Crustaceans in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 12.2 | 10.6 | 10.2 | 11.6 | -1.7% |
| Oman | 8.3 | 9.1 | 8.3 | 5.9 | -10.8% |
| Qatar | N/A | N/A | N/A | 4.8 | 0% |
| Jordan | 5.0 | 5.6 | 7.3 | 4.7 | -2.0% |
| Saudi Arabia | 59.2 | 61.4 | 18.9 | 3.5 | -61.0% |
| Egypt | 152 | 130 | 108 | 3.0 | -73.0% |
| Bahrain | 3.7 | 1.7 | 1.3 | 2.8 | -8.9% |
| Morocco | 1.0 | 0.9 | 1.2 | 0.6 | -15.7% |
| Others | 14.4 | 11.7 | 27.8 | 1.7 | -50.9% |
| Total | 255 | 231 | 183 | 38.5 | -46.8% |
Top Export Markets for Frozen Crustaceans from the United Arab Emirates in 2022:
- Kuwait (1279.6 tons)
- Oman (835.8 tons)
- Jordan (549.6 tons)
- Egypt (547.0 tons)
- Qatar (406.8 tons)
- Saudi Arabia (398.4 tons)
- Bahrain (287.5 tons)
- Morocco (233.3 tons)
This report provides an in-depth analysis of the frozen crustaceans market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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