Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates - 2022
Contents:
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates (CIF) - 2022
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates (FOB) - 2022
- Imports of Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates
- Exports of Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates
Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $3,528 per ton, increasing by 8.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 34% against the previous year. Over the period under review, average import prices attained the peak figure at $3,539 per ton in 2015; afterwards, it flattened through to 2022.
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 Greece ($10,992 per ton), while the price for China ($1,578 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates (FOB) - 2022
The average export price for mollusc preparations; mussels, prepared or preserveds stood at $6,894 per ton in 2022, with a decrease of -4.5% against the previous year. Overall, the export price saw a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 31%. Over the period under review, the average export prices hit record highs at $25,452 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Egypt ($9,287 per ton), while the average price for exports to Oman ($3,694 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 Kuwait (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates
Imports of mollusc preparations; mussels, prepared or preserveds into the United Arab Emirates soared to 712 tons in 2022, with an increase of 24% compared with the previous year. In general, imports showed a strong increase. The growth pace was the most rapid in 2021 with an increase of 89%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of mollusc preparations; mussels, prepared or preserveds soared to $2.5M in 2022. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 74%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 1,052 | 234 | 338 | 762 | -10.2% |
| Greece | N/A | 161 | 328 | 700 | 108.5% |
| Canada | 66.7 | 171 | 547 | 284 | 62.1% |
| Turkey | 33.1 | 76.5 | 121 | 189 | 78.7% |
| China | 204 | 28.8 | 102 | 158 | -8.2% |
| New Zealand | 36.2 | 180 | 241 | 142 | 57.7% |
| Spain | 58.0 | 32.6 | 19.5 | 98.0 | 19.1% |
| Others | 131 | 187 | 172 | 180 | 11.2% |
| Total | 1,581 | 1,071 | 1,868 | 2,512 | 16.7% |
Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to the United Arab Emirates in 2022:
- Chile (354.6 tons)
- China (99.8 tons)
- Canada (74.7 tons)
- Greece (63.7 tons)
- New Zealand (40.9 tons)
- Turkey (29.1 tons)
- Spain (18.5 tons)
Exports of Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates
In 2022, shipments abroad of mollusc preparations; mussels, prepared or preserveds decreased by -16.2% to 3.6 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, the exports attained the peak of 4.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of mollusc preparations; mussels, prepared or preserveds contracted dramatically to $25K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 29% against the previous year.
| Export of Mollusc Preparations; Mussels, Prepared or Preserved in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 4.4 | 8.6 | 9.8 | 11.5 | 37.7% |
| Seychelles | 0.1 | 2.1 | 2.3 | 6.1 | 293.6% |
| Qatar | 5.4 | 7.5 | 12.7 | 3.9 | -10.3% |
| Kuwait | 0.6 | 2.1 | 3.0 | 1.8 | 44.2% |
| Oman | 0.9 | 0.1 | 1.3 | 0.8 | -3.9% |
| Maldives | 3.3 | 2.9 | 2.1 | 0.8 | -37.6% |
| Saudi Arabia | 3.5 | N/A | N/A | N/A | 0% |
| Others | 1.1 | 1.7 | 0.1 | 0.1 | -55.0% |
| Total | 19.4 | 25.0 | 31.4 | 25.1 | 9.0% |
Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from the United Arab Emirates in 2022:
- Egypt (1237.0 kg)
- Seychelles (929.0 kg)
- Qatar (697.0 kg)
- Kuwait (337.0 kg)
- Oman (209.0 kg)
- Maldives (204.0 kg)
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