Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates - 2022
Contents:
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates (CIF) - 2022
- Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates (FOB) - 2022
- Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates
- Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates (CIF) - 2022
The average import price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $8,960 per ton in 2022, picking up by 97% against the previous year. In general, the import price continues to indicate prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($259,419 per ton), while the price for China ($2,027 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+183.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates (FOB) - 2022
The average export price for fish fillets; frozen, hake (merluccius spp., urophycis spp.)s stood at $5,242 per ton in 2022, surging by 48% against the previous year. Overall, the export price, however, showed a noticeable decline. The export price peaked at $15,471 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($15,149 per ton), while the average price for exports to Qatar ($3,417 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 Iran (+36.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates
Imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s into the United Arab Emirates fell notably to 5.8 tons in 2022, declining by -83.9% compared with 2021. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 340% against the previous year. As a result, imports reached the peak of 36 tons, and then contracted rapidly in the following year.
In value terms, imports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s reduced sharply to $52K in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 261% against the previous year. As a result, imports attained the peak of $163K, and then dropped dramatically in the following year.
| Import of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 27.2 | 0% |
| Namibia | 3.8 | 2.7 | 4.9 | 9.3 | 34.8% |
| China | 13.2 | 2.1 | 12.9 | 4.9 | -28.1% |
| France | 0.6 | 0.1 | 4.5 | 4.0 | 88.2% |
| United Kingdom | 0.1 | 1.0 | 14.3 | 3.4 | 224.0% |
| Ireland | N/A | N/A | N/A | 2.8 | 0% |
| New Zealand | 49.0 | 36.3 | 94.5 | N/A | 38.9% |
| Germany | 2.9 | 0.5 | 8.8 | N/A | 74.2% |
| Netherlands | 0.6 | 0.6 | 4.1 | N/A | 161.4% |
| Others | 2.1 | 1.8 | 18.8 | N/A | 199.2% |
| Total | 72.1 | 45.1 | 163 | 51.6 | -10.6% |
Top Suppliers of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) to the United Arab Emirates in 2022:
- China (2440.0 kg)
- Namibia (1931.0 kg)
- France (694.0 kg)
- United Kingdom (323.0 kg)
- Ireland (260.0 kg)
- Italy (105.0 kg)
Exports of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates
In 2022, overseas shipments of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s decreased by -7.4% to 1.7 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 140% against the previous year. As a result, the exports reached the peak of 2.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fish fillets; frozen, hake (merluccius spp., urophycis spp.)s surged to $8.8K in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 111%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 3.3 | 3.4 | 6.5 | 3.6 | 2.9% |
| South Sudan | N/A | N/A | N/A | 3.2 | 0% |
| Bahrain | N/A | N/A | N/A | 1.1 | 0% |
| Kuwait | N/A | N/A | N/A | 0.7 | 0% |
| Qatar | N/A | N/A | N/A | 0.2 | 0% |
| Ethiopia | 0.1 | 3.7 | N/A | N/A | 3600.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.4 | 7.1 | 6.5 | 8.8 | 37.3% |
Top Export Markets for Fish Fillets; Frozen, Hake (Merluccius Spp., Urophycis Spp.) from the United Arab Emirates in 2022:
- Oman (700.0 kg)
- South Sudan (630.0 kg)
- Bahrain (262.0 kg)
- Qatar (48.0 kg)
- Kuwait (47.0 kg)
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