United Arab Emirates: Market for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs 2024

Market Size for Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in the United Arab Emirates

The seafood meals and pellets market in the United Arab Emirates reduced to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Production of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs in the United Arab Emirates

In value terms, seafood meals and pellets production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Exports from the United Arab Emirates

In 2022, approx. X tons of flours, meals and pellets of fish or of crustaceans and molluscs were exported from the United Arab Emirates; with an increase of X% compared with the previous year. Overall, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, seafood meals and pellets exports soared to $X in 2022. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Egypt (X tons) and Tunisia (X tons) were the main destinations of seafood meals and pellets exports from the United Arab Emirates, with a combined X% share of total exports. Oman, Japan, Sri Lanka and Iraq lagged somewhat behind, together comprising a further X%.

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

In value terms, India ($X), Egypt ($X) and Tunisia ($X) were the largest markets for seafood meals and pellets exported from the United Arab Emirates worldwide, with a combined X% share of total exports. Oman, Japan, Iraq and Sri Lanka lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Sri Lanka, with a CAGR of X%, recorded 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

In 2022, the average seafood meals and pellets export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Sri Lanka ($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 Jordan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs

Imports into the United Arab Emirates

Seafood meals and pellets imports into the United Arab Emirates dropped sharply to X kg in 2022, which is down by X% on 2021. In general, imports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, seafood meals and pellets imports declined markedly to $X in 2022. Over the period under review, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X kg) was the main supplier of seafood meals and pellets to the United Arab Emirates, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Malaysia stood at X%.

In value terms, Malaysia ($X) constituted the largest supplier of flours, meals and pellets of fish or of crustaceans and molluscs to the United Arab Emirates.

From 2012 to 2022, the average annual growth rate of value from Malaysia stood at X%.

Import Prices by Country

In 2022, the average seafood meals and pellets import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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