United Arab Emirates: Battered Fish Fillet Market 2024

Battered Fish Fillet Market Size in the United Arab Emirates

The battered fish fillet market in the United Arab Emirates shrank to $X in 2022, reducing by X% against the previous year. Overall, consumption, however, enjoyed pronounced growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Battered Fish Fillet Production in the United Arab Emirates

In value terms, battered fish fillet production shrank slightly to $X in 2022 estimated in export price. In general, production, however, recorded notable growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Battered fish fillet production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Battered Fish Fillet Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of fish fillets in batter or breadcrumbs were exported from the United Arab Emirates; rising by X% on the year before. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, battered fish fillet exports soared to $X in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sri Lanka (X tons), Ethiopia (X tons) and India (X tons) were the main destinations of battered fish fillet exports from the United Arab Emirates, with a combined X% share of total exports. Seychelles, Libya, Vietnam, Jordan, Hong Kong SAR, Azerbaijan, Sudan, Maldives, Senegal and Bangladesh lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Azerbaijan (with a CAGR of X.9%), while the other leaders experienced more modest paces of growth.

In value terms, Seychelles ($X), Ethiopia ($X) and Hong Kong SAR ($X) appeared to be the largest markets for battered fish fillet exported from the United Arab Emirates worldwide, with a combined X% share of total exports. Sri Lanka, Sudan, Bangladesh, Jordan, Vietnam, Libya, Azerbaijan, Maldives, Senegal and India lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Azerbaijan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average battered fish fillet export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, battered fish fillet export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to India ($X 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 Senegal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Battered Fish Fillet Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of fish fillets in batter or breadcrumbs were finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, battered fish fillet imports stood at $X in 2022. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Vietnam (X tons) and Malaysia (X tons) were the main suppliers of battered fish fillet imports to the United Arab Emirates, with a combined X% share of total imports. Thailand, the UK, France and the Philippines lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Vietnam ($X) and the UK ($X) appeared to be the largest battered fish fillet suppliers to the United Arab Emirates, with a combined X% share of total imports. China, Thailand, France and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average battered fish fillet import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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