Price for Fish; Edible Offal, Shark Fins in the United Arab Emirates - 2021
Contents:
- Price for Fish; Edible Offal, Shark Fins in the United Arab Emirates (FOB) - 2022
- Price for Fish; Edible Offal, Shark Fins in the United Arab Emirates (CIF) - 2022
- Exports of Fish; Edible Offal, Shark Fins in the United Arab Emirates
- Imports of Fish; Edible Offal, Shark Fins in the United Arab Emirates
Price for Fish; Edible Offal, Shark Fins in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for fish; edible offal, shark finses amounted to $41,382 per ton, growing by 45% against the previous year. In general, the export price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2018 when the average export price increased by 210%. As a result, the export price reached the peak level of $103,687 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($175,000 per ton), while the average price for exports to China ($9,498 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 Hong Kong SAR (+2.0%), while the prices for the other major destinations experienced a decline.
Price for Fish; Edible Offal, Shark Fins in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for fish; edible offal, shark finses amounted to $7,907 per ton, picking up by 42% against the previous year. Overall, the import price posted prominent growth. The growth pace was the most rapid in 2020 an increase of 54% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Somalia ($11,131 per ton), while the price for Oman ($902 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Somalia (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fish; Edible Offal, Shark Fins in the United Arab Emirates
In 2022, overseas shipments of fish; edible offal, shark finses decreased by -14.7% to 31 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by 130%. As a result, the exports reached the peak of 61 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, fish; edible offal, shark fins exports surged to $1.3M in 2022. In general, exports faced a abrupt decrease.
| Export of Fish; Edible Offal, Shark Fins in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 292 | 1,366 | 868 | 928 | 47.0% |
| Singapore | 1,967 | 156 | 156 | 335 | -44.6% |
| China | 120 | 8.4 | 7.5 | 14.2 | -50.9% |
| Others | 112 | 2.7 | 3.5 | 7.1 | -60.1% |
| Total | 2,490 | 1,533 | 1,035 | 1,284 | -19.8% |
Top Export Markets for Fish; Edible Offal, Shark Fins from the United Arab Emirates in 2022:
- Hong Kong SAR (27.5 tons)
- Singapore (1.9 tons)
- China (1.5 tons)
Imports of Fish; Edible Offal, Shark Fins in the United Arab Emirates
In 2022, overseas purchases of fish; edible offal, shark finses were finally on the rise to reach 1.2 tons after two years of decline. Overall, imports, however, recorded a sharp decline.
In value terms, fish; edible offal, shark fins imports surged to $9.8K in 2022. In general, imports, however, continue to indicate a dramatic slump.
| Import of Fish; Edible Offal, Shark Fins in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 25.4 | 13.5 | 3.1 | 8.8 | -29.8% |
| Iran | 5.4 | 2.0 | 0.3 | 0.7 | -49.4% |
| Oman | 2.2 | 0.2 | 0.1 | 0.2 | -55.0% |
| Sudan | 0.5 | 0.2 | N/A | 0.1 | -41.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 33.4 | 15.9 | 3.6 | 9.8 | -33.6% |
Top Suppliers of Fish; Edible Offal, Shark Fins to the United Arab Emirates in 2022:
- Somalia (791.0 kg)
- Oman (259.0 kg)
- Iran (164.0 kg)
- Sudan (21.0 kg)
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