Live Fish Price in the United Arab Emirates - 2021

Contents:

  1. Live Fish Price in the United Arab Emirates (CIF) - 2022
  2. Live Fish Price in the United Arab Emirates (FOB) - 2022
  3. Live Fish Imports in the United Arab Emirates
  4. Live Fish Exports in the United Arab Emirates

Live Fish Price in the United Arab Emirates (CIF) - 2022

In 2022, the average live fish import price amounted to $1,876 per ton, which is down by -46.3% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 an increase of 59%. The import price peaked at $5,127 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($3,533 per ton), while the price for Canada ($433 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Live Fish Price in the United Arab Emirates (FOB) - 2022

The average live fish export price stood at $9,502 per ton in 2022, with an increase of 6.3% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth was the most pronounced in 2017 an increase of 167%. As a result, the export price attained the peak level of $25,230 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($10,619 per ton), while the average price for exports to Hong Kong SAR totaled $6,858 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+30.4%), while the prices for the other major destinations experienced mixed trend patterns.

Live Fish Imports in the United Arab Emirates

In 2022, approx. 1.7K tons of live fish were imported into the United Arab Emirates; jumping by 52% on 2021 figures. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, live fish imports plummeted to $3.3M in 2022. Over the period under review, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports reached the peak of $4M, and then contracted markedly in the following year.

Import of Live Fish in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States59.764.650.41,387185.3%
Sri Lanka10031163473594.4%
Australia14.59.423.4481221.3%
United KingdomN/AN/A10.01521420.0%
Myanmar3.8N/AN/A149239.7%
CanadaN/AN/AN/A45.60%
Philippines40.716.428.340.1-0.5%
Thailand510427485N/A-2.5%
Vietnam138253232N/A29.7%
Indonesia133151124N/A-3.4%
Saudi Arabia404792425N/A2.6%
Others6084891,990267-24.0%
Total2,0122,5124,0023,25717.4%

Top Suppliers of Live Fish to the United Arab Emirates in 2022:

  1. United States (956.2 tons)
  2. Australia (274.5 tons)
  3. Sri Lanka (208.0 tons)
  4. Canada (105.4 tons)
  5. United Kingdom (75.7 tons)
  6. Myanmar (42.2 tons)
  7. Philippines (20.9 tons)

Live Fish Exports in the United Arab Emirates

In 2022, shipments abroad of live fish was finally on the rise to reach 4.1 tons after two years of decline. Over the period under review, exports, however, saw a abrupt decline.

In value terms, live fish exports rose remarkably to $39K in 2022. Overall, exports, however, saw a abrupt shrinkage.

Export of Live Fish in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MauritiusN/AN/AN/A20.30%
Hong Kong SARN/AN/AN/A14.70%
NigerN/AN/A32.9N/A0%
Saudi Arabia52.842.5N/AN/A-19.5%
Others0.60.82.24.291.3%
Total53.443.335.139.2-9.8%

Top Export Markets for Live Fish from the United Arab Emirates in 2022:

  1. Hong Kong SAR (2.1 tons)
  2. Mauritius (1.9 tons)

Source: IndexBox Market Intelligence Platform

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