Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates (CIF) - 2022
  2. Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates (FOB) - 2022
  3. Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates
  4. Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates

Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates (CIF) - 2022

The average import price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $36,923 per ton in 2022, growing by 21% against the previous year. In general, the import price enjoyed a remarkable increase. The growth pace was the most rapid in 2017 when the average import price increased by 95% against the previous year. Over the period under review, average import prices hit record highs at $38,464 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Australia ($50,104 per ton), while the price for Russia ($11,717 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates (FOB) - 2022

The average export price for fish fillets; frozen, toothfish (dissostichus spp.)s stood at $37,832 per ton in 2022, jumping by 1,108% against the previous year. Overall, the export price saw significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Qatar ($58,709 per ton), while the average price for exports to Kuwait ($15,801 per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+118.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates

In 2022, imports of fish fillets; frozen, toothfish (dissostichus spp.)s into the United Arab Emirates surged to 41 tons, with an increase of 36% compared with 2021 figures. In general, imports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 70%.

In value terms, imports of fish fillets; frozen, toothfish (dissostichus spp.)s surged to $1.5M in 2022. Over the period under review, imports, however, saw a noticeable contraction.

Import of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia989427589888-3.5%
Falkland Islands (Malvinas)N/A10714021943.1%
Netherlands11225.540.916614.0%
RussiaN/AN/AN/A84.40%
United States14449.753.066.3-22.8%
Argentina55.222.321.161.63.7%
Chile19510.529.727.7-47.8%
China15.42.93.2N/A-54.4%
United Kingdom92.12.52.5N/A-83.5%
France12718.737.1N/A-46.0%
Others32.215.11.9N/A-75.7%
Total1,7626819181,513-5.0%

Top Suppliers of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) to the United Arab Emirates in 2022:

  1. Australia (17.7 tons)
  2. Russia (7.2 tons)
  3. Netherlands (5.5 tons)
  4. Falkland Islands (Malvinas) (5.1 tons)
  5. United States (3.1 tons)
  6. Argentina (1.7 tons)
  7. Chile (0.7 tons)

Exports of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates

In 2022, approx. 2.8 tons of fish fillets; frozen, toothfish (dissostichus spp.)s were exported from the United Arab Emirates; picking up by 50% compared with 2021. Over the period under review, exports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 82%.

In value terms, exports of fish fillets; frozen, toothfish (dissostichus spp.)s soared to $104K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A73.60%
Kuwait10.28.83.520.526.2%
Bahrain1.03.71.57.898.3%
Oman15.03.90.82.5-45.0%
Others4.23.6N/AN/A-14.3%
Total30.420.05.810450.7%

Top Export Markets for Fish Fillets; Frozen, Toothfish (Dissostichus Spp.) from the United Arab Emirates in 2022:

  1. Kuwait (1295.0 kg)
  2. Qatar (1254.0 kg)
  3. Bahrain (140.0 kg)
  4. Oman (71.0 kg)

Source: IndexBox Market Intelligence Platform

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