United Arab Emirates: Market for Frozen And Fresh Or Chilled Skipjack Tuna 2024

Market Size for Frozen And Fresh Or Chilled Skipjack Tuna in the United Arab Emirates

The market for frozen and fresh or chilled skipjack tuna in the United Arab Emirates was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption recorded a noticeable decrease. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Frozen And Fresh Or Chilled Skipjack Tuna in the United Arab Emirates

In value terms, production of frozen and fresh or chilled skipjack tuna stood at $X in 2022 estimated in export price. Overall, production, however, recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 with a decrease of X% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Frozen And Fresh Or Chilled Skipjack Tuna

Exports from the United Arab Emirates

In 2022, overseas shipments of frozen and fresh or chilled skipjack tuna were finally on the rise to reach X tons after two years of decline. Overall, exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of frozen and fresh or chilled skipjack tuna surged to $X in 2022. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Iran (X tons) was the main destination for exports of frozen and fresh or chilled skipjack tuna from the United Arab Emirates, with a X% share of total exports. Moreover, exports of frozen and fresh or chilled skipjack tuna to Iran exceeded the volume sent to the second major destination, Turkmenistan (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Iran was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (X.7% per year) and Saudi Arabia (X% per year).

In value terms, Iran ($X) emerged as the key foreign market for frozen and fresh or chilled skipjack tuna exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Turkmenistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Iran stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average export price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Turkmenistan ($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 Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen And Fresh Or Chilled Skipjack Tuna

Imports into the United Arab Emirates

In 2022, overseas purchases of frozen and fresh or chilled skipjack tuna were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen and fresh or chilled skipjack tuna skyrocketed to $X in 2022. Over the period under review, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Ghana (X tons) constituted the largest supplier of frozen and fresh or chilled skipjack tuna to the United Arab Emirates, with a X% share of total imports. Moreover, imports of frozen and fresh or chilled skipjack tuna from Ghana exceeded the figures recorded by the second-largest supplier, Seychelles (X tons), ninefold.

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

In value terms, Ghana ($X) constituted the largest supplier of frozen and fresh or chilled skipjack tuna to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Seychelles ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Ghana amounted to X%.

Import Prices by Country

The average import price for frozen and fresh or chilled skipjack tuna stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ghana ($X per ton), while the price for Seychelles amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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