United Arab Emirates: Freshwater Fish Market 2024

Freshwater Fish Market Size in the United Arab Emirates

In 2022, the freshwater fish market in the United Arab Emirates increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Freshwater Fish Production in the United Arab Emirates

In value terms, freshwater fish production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Freshwater fish production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Freshwater Fish Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of freshwater fish decreased by X% to X kg, falling for the second consecutive year after four years of growth. Overall, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, freshwater fish exports shrank sharply to $X in 2022. In general, exports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Oman (X kg) was the main destination for freshwater fish exports from the United Arab Emirates, with a X% share of total exports. Moreover, freshwater fish exports to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X kg), more than tenfold.

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

In value terms, Oman ($X) emerged as the key foreign market for freshwater fish exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average freshwater fish export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2019 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 remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Saudi Arabia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced mixed trend patterns.

Freshwater Fish Imports

Imports into the United Arab Emirates

Freshwater fish imports into the United Arab Emirates dropped markedly to X tons in 2022, reducing by X% against the year before. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, freshwater fish imports declined notably to $X in 2022. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Oman (X tons), Iran (X tons) and Egypt (X tons) were the main suppliers of freshwater fish imports to the United Arab Emirates, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Iran ($X) constituted the largest supplier of freshwater fish to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Oman ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Iran totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

In 2022, the average freshwater fish import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Iran ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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