United Arab Emirates - Frozen Fish Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fish Meat Price in the United Arab Emirates - 2021
Contents:
- Frozen Fish Meat Price in the United Arab Emirates (CIF) - 2022
- Frozen Fish Meat Price in the United Arab Emirates (FOB) - 2022
- Frozen Fish Meat Imports in the United Arab Emirates
- Frozen Fish Meat Exports in the United Arab Emirates
Frozen Fish Meat Price in the United Arab Emirates (CIF) - 2022
In 2022, the average frozen fish meat import price amounted to $3,384 per ton, dropping by -34.4% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2020 when the average import price increased by 73%. The import price peaked at $9,394 per ton in 2017; however, from 2018 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 Chile ($17,197 per ton), while the price for Myanmar ($746 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.2%), while the prices for the other major suppliers experienced a decline.
Frozen Fish Meat Price in the United Arab Emirates (FOB) - 2022
The average frozen fish meat export price stood at $3,949 per ton in 2022, picking up by 65% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen fish meat export price increased by +80.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($9,758 per ton), while the average price for exports to Saudi Arabia ($2,036 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 Oman (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Fish Meat Imports in the United Arab Emirates
After three years of growth, supplies from abroad of frozen fish meat decreased by -18.3% to 959 tons in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 140%. As a result, imports attained the peak of 1.2K tons, and then plummeted in the following year.
In value terms, frozen fish meat imports shrank sharply to $3.2M in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 211%.
| Import of Frozen Fish Meat in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 52.3 | 8.7 | 308 | 797 | 147.9% |
| Iran | N/A | N/A | N/A | 717 | 0% |
| Chile | 12.4 | 1.2 | 149 | 497 | 242.2% |
| Indonesia | N/A | N/A | N/A | 428 | 0% |
| Myanmar | N/A | N/A | N/A | 289 | 0% |
| Pakistan | N/A | N/A | N/A | 85.4 | 0% |
| Thailand | 34.3 | 338 | 701 | 35.7 | 1.3% |
| Taiwan (Chinese) | N/A | N/A | N/A | 29.4 | 0% |
| Oman | N/A | 1.0 | N/A | 13.0 | 260.6% |
| Spain | N/A | 1,548 | 1,372 | N/A | -11.4% |
| Philippines | 211 | 16.4 | 2.6 | N/A | -88.9% |
| Others | 831 | 1,633 | 3,526 | 355 | -24.7% |
| Total | 1,142 | 3,546 | 6,058 | 3,247 | 41.7% |
Top Suppliers of Frozen Fish Meat to the United Arab Emirates in 2022:
- Myanmar (387.7 tons)
- Vietnam (233.5 tons)
- Iran (105.9 tons)
- Pakistan (68.9 tons)
- Indonesia (63.6 tons)
- Chile (28.9 tons)
- Taiwan (Chinese) (16.8 tons)
- Oman (15.2 tons)
- Thailand (15.1 tons)
Frozen Fish Meat Exports in the United Arab Emirates
For the third year in a row, the United Arab Emirates recorded decline in overseas shipments of frozen fish meat, which decreased by -85.9% to 201 tons in 2022. Over the period under review, exports showed a dramatic slump. The smallest decline of -27.3% was in 2021.
In value terms, frozen fish meat exports shrank dramatically to $795K in 2022. In general, exports saw a significant decline. The smallest decline of -20.6% was in 2021.
| Export of Frozen Fish Meat in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 17.0 | 106 | 417 | 360 | 176.7% |
| Iraq | N/A | N/A | N/A | 203 | 0% |
| Oman | 1,067 | 216 | 113 | 74.3 | -58.9% |
| Bahrain | 116 | 80.3 | 154 | 64.5 | -17.8% |
| Iran | N/A | N/A | N/A | 53.2 | 0% |
| Jordan | 988 | 318 | 248 | 16.7 | -74.3% |
| Saudi Arabia | 5,047 | 3,441 | 2,198 | 1.4 | -93.5% |
| Others | 153 | 123 | 269 | 21.4 | -48.1% |
| Total | 7,388 | 4,284 | 3,399 | 795 | -52.4% |
Top Export Markets for Frozen Fish Meat from the United Arab Emirates in 2022:
- Iraq (90.0 tons)
- Kuwait (51.0 tons)
- Bahrain (26.4 tons)
- Iran (19.6 tons)
- Oman (7.6 tons)
- Jordan (3.3 tons)
- Saudi Arabia (0.7 tons)
This report provides an in-depth analysis of the frozen fish meat 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 10201500 - Frozen fish meat without bones (excluding fillets)
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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