United Arab Emirates - Fresh Or Chilled Fish Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Fish Fillet Price in the United Arab Emirates - 2021
Contents:
- Fresh Fish Fillet Price in the United Arab Emirates (CIF) - 2022
- Fresh Fish Fillet Price in the United Arab Emirates (FOB) - 2022
- Fresh Fish Fillet Imports in the United Arab Emirates
- Fresh Fish Fillet Exports in the United Arab Emirates
Fresh Fish Fillet Price in the United Arab Emirates (CIF) - 2022
The average fresh fish fillet import price stood at $9,874 per ton in 2022, rising by 7.9% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh fish fillet import price increased by +59.7% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 36% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($24,537 per ton), while the price for the United States ($4,736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Fresh Fish Fillet Price in the United Arab Emirates (FOB) - 2022
The average fresh fish fillet export price stood at $7,223 per ton in 2022, rising by 21% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh fish fillet export price increased by +96.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 62%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($8,577 per ton), while the average price for exports to the United States ($4,786 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 Qatar (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Fish Fillet Imports in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in purchases abroad of fresh or chilled fish fillets, when their volume increased by 5.9% to 536 tons. In general, imports, however, showed a dramatic decline.
In value terms, fresh fish fillet imports rose markedly to $5.3M in 2022. Overall, imports, however, recorded a abrupt descent.
| Import of Fresh Fish Fillet in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 249 | 289 | 613 | 854 | 50.8% |
| Norway | 382 | 1,403 | 560 | 822 | 29.1% |
| Netherlands | 338 | 39.8 | 434 | 579 | 19.7% |
| United Kingdom | 760 | 237 | 51.1 | 440 | -16.7% |
| Ireland | 0.4 | N/A | N/A | 319 | 827.3% |
| United States | 316 | 340 | 104 | 287 | -3.2% |
| New Zealand | 269 | 228 | 295 | 259 | -1.3% |
| Uganda | 5,282 | 5,195 | N/A | N/A | -1.6% |
| Tanzania | 218 | 322 | 164 | N/A | -13.3% |
| Others | 2,260 | 973 | 2,415 | 1,736 | -8.4% |
| Total | 10,074 | 9,026 | 4,636 | 5,296 | -19.3% |
Top Suppliers of Fresh Fish Fillet to the United Arab Emirates in 2022:
- Netherlands (85.0 tons)
- Norway (79.5 tons)
- United States (60.6 tons)
- United Kingdom (47.1 tons)
- Ireland (42.3 tons)
- Spain (34.8 tons)
- New Zealand (19.2 tons)
Fresh Fish Fillet Exports in the United Arab Emirates
In 2022, shipments abroad of fresh or chilled fish fillets decreased by -24.7% to 323 tons, falling for the second year in a row after two years of growth. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 105%. As a result, the exports reached the peak of 1.1K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, fresh fish fillet exports declined to $2.3M in 2022. Over the period under review, exports showed a noticeable curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 59%. As a result, the exports attained the peak of $3.9M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Fresh Fish Fillet in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | 5.1 | 37.2 | 1,743 | 1748.7% |
| United States | N/A | N/A | N/A | 496 | 0% |
| Georgia | 1.6 | N/A | N/A | 91.0 | 284.6% |
| Kuwait | 681 | 395 | 258 | N/A | -38.4% |
| Maldives | 248 | N/A | 473 | N/A | 38.1% |
| Oman | 805 | 372 | 422 | N/A | -27.6% |
| Saudi Arabia | 510 | 2,989 | 1,320 | N/A | 60.9% |
| Bahrain | 179 | 119 | N/A | N/A | -33.5% |
| Others | 54.0 | 51.7 | 45.9 | N/A | -7.8% |
| Total | 2,479 | 3,931 | 2,557 | 2,330 | -2.0% |
Top Export Markets for Fresh Fish Fillet from the United Arab Emirates in 2022:
- Egypt (208.3 tons)
- United States (103.7 tons)
- Georgia (10.6 tons)
This report provides an in-depth analysis of the fresh fish fillet market in the United Arab Emirates. 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 10201100 - Fresh or chilled fish fillets and other fish meat without bones
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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