Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates
  4. Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates (CIF) - 2022

The average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s stood at $10,350 per ton in 2022, reducing by -1.7% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s increased by +63.3% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $10,531 per ton in 2021, and then dropped in the following year.

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 the United States ($17,198 per ton), while the price for the UK ($9,553 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $21,388 per ton, rising by 62% against the previous year. Over the period under review, the export price, however, showed a mild downturn. The pace of growth appeared the most rapid in 2019 an increase of 155% against the previous year. The export price peaked at $25,882 per ton in 2012; however, from 2013 to 2022, the 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 Qatar ($30,493 per ton), while the average price for exports to Oman ($11,687 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 Kenya (+75.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates

Imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s into the United Arab Emirates soared to 164 tons in 2022, rising by 88% compared with the previous year. In general, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s surged to $1.7M in 2022. Over the period under review, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia15932.026270063.9%
United Kingdom14822718952552.5%
United States26727.570.5243-3.1%
China29.672.387.918985.5%
Iceland85.425.180.617.1-41.5%
Germany59.410711.20.1-88.1%
Norway57.43.118.3N/A-43.5%
Others40518120428.0-59.0%
Total1,2126749231,70112.0%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to the United Arab Emirates in 2022:

  1. Russia (72.4 tons)
  2. United Kingdom (55.0 tons)
  3. China (19.7 tons)
  4. United States (14.1 tons)
  5. Iceland (1.2 tons)

Exports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates

In 2022, approx. 9.6 tons of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s were exported from the United Arab Emirates; waning by -3% on the previous year's figure. Overall, exports recorded a precipitous decline.

In value terms, exports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s surged to $206K in 2022. In general, exports recorded a abrupt slump.

Export of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar0.50.93.384.2452.2%
Kuwait13.926.130.149.953.1%
Oman32.728.611.631.6-1.1%
Bahrain1.51.43.024.2152.7%
Saudi Arabia0.70.93.515.9183.2%
Sudan73.142.253.3N/A-14.6%
Netherlands24.9N/AN/AN/A0%
Others11120.726.3N/A-51.3%
Total258121131206-7.2%

Top Export Markets for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) from the United Arab Emirates in 2022:

  1. Qatar (2.8 tons)
  2. Oman (2.7 tons)
  3. Kuwait (1.9 tons)
  4. Saudi Arabia (1.3 tons)
  5. Bahrain (1.0 tons)

Source: IndexBox Market Intelligence Platform

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