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Report GCC - Inedible Fish Products - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

GCC - Inedible Fish Products - Market Analysis, Forecast, Size, Trends and Insights

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GCC: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in GCC

For the third consecutive year, the GCC inedible fish products market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Inedible Fish Products Production in GCC

In value terms, inedible fish products production rose modestly to $X in 2022 estimated in export price. In general, production enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Inedible Fish Products Exports

Exports in GCC

After two years of growth, overseas shipments of inedible fish products decreased by X% to X tons in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted markedly in the following year.

In value terms, inedible fish products exports shrank dramatically to $X in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates represented the key exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Oman (X tons), mixing up a X% share of total exports. Saudi Arabia (X tons) held a minor share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the inedible fish products exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%) and Saudi Arabia (X%) displayed positive paces of growth. Oman (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) emerged as the largest inedible fish products supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, continues to indicate a moderate expansion. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Inedible Fish Products Imports

Imports in GCC

In 2022, purchases abroad of inedible fish products increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, inedible fish products imports soared to $X in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of inedible fish products imports in 2022 were Oman (X tons), together reaching X% of total import.

Oman was also the fastest-growing in terms of the inedible fish products imports, with a CAGR of X% from 2012 to 2022. While the share of Oman (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Oman ($X) constitutes the largest market for imported inedible fish products in GCC.

From 2012 to 2022, the average annual growth rate of value in Oman totaled X%.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price faced a abrupt descent. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Oman.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Saudi Arabia constituted the country with the largest volume of inedible fish products consumption, comprising approx. 72% of total volume. Moreover, inedible fish products consumption in Saudi Arabia exceeded the figures recorded by the second-largest consumer, the United Arab Emirates, sevenfold. The third position in this ranking was held by Oman, with a 10% share.
Saudi Arabia constituted the country with the largest volume of inedible fish products production, comprising approx. 73% of total volume. Moreover, inedible fish products production in Saudi Arabia exceeded the figures recorded by the second-largest producer, the United Arab Emirates, sevenfold. Oman ranked third in terms of total production with an 8.7% share.
In value terms, the United Arab Emirates emerged as the largest inedible fish products supplier in GCC, comprising 63% of total exports. The second position in the ranking was taken by Oman, with a 31% share of total exports.
In value terms, Oman constitutes the largest market for imported inedible fish products in GCC.
In 2022, the export price in GCC amounted to $1,434 per ton, which is down by -2.2% against the previous year.
In 2022, the import price in GCC amounted to $921 per ton, dropping by -32% against the previous year.

This report provides an in-depth analysis of the inedible fish products market in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in GCC, split by region and country
  • Trade (exports and imports) in GCC
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • Saudi Arabia
    • United Arab Emirates

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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