Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates - 2022
Contents:
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates (CIF) - 2022
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates (FOB) - 2022
- Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates
- Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $50,758 per ton, increasing by 18% against the previous year. Overall, the import price saw a noticeable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,597% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 Japan ($77,954 per ton), while the price for Italy ($20,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+44.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $12,440 per ton, reducing by -93.2% against the previous year. Overall, the export price recorded a dramatic decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 241%. Over the period under review, the average export prices hit record highs at $328,000 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +3.2% per year.
Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates
For the fourth consecutive year, the United Arab Emirates recorded growth in supplies from abroad of aquatic invertebrates; sea urchins, prepared or preserveds, which increased by 12,589% to 10 tons in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds soared to $528K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.8 | 1.4 | 2.0 | 268 | 430.0% |
| Japan | 0.6 | 1.2 | 1.3 | 223 | 619.0% |
| Spain | N/A | N/A | 0.1 | 25.5 | 25400.0% |
| Italy | 0.1 | 0.1 | N/A | 11.2 | 382.0% |
| Others | N/A | 0.3 | 0.1 | 0.7 | 52.8% |
| Total | 2.5 | 3.0 | 3.5 | 528 | 495.5% |
Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to the United Arab Emirates in 2022:
- Russia (6.7 tons)
- Japan (2.9 tons)
- Italy (0.5 tons)
- Spain (0.3 tons)
Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates
For the fourth year in a row, the United Arab Emirates recorded growth in overseas shipments of aquatic invertebrates; sea urchins, prepared or preserveds, which increased by 400% to 50 kg in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds fell dramatically to $622 in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 213% against the previous year. As a result, the exports attained the peak of $1.8K, and then dropped rapidly in the following year.
| Export of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 622 | 0% |
| Maldives | 328 | 581 | 1,820 | N/A | 135.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 328 | 581 | 1,820 | 622 | 23.8% |
Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from the United Arab Emirates in 2022:
- India (50.0 kg)
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