United Arab Emirates: Market for Dried Or Salted Fish 2025

Market Size for Dried Or Salted Fish in the United Arab Emirates

The dried or salted fish market in the United Arab Emirates skyrocketed to $X in 2021, rising by 27% against the previous year. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Dried Or Salted Fish in the United Arab Emirates

In value terms, dried or salted fish production rose to $X in 2021 estimated in export price. In general, production, however, showed a noticeable reduction. The growth pace was the most rapid in 2017 when the production volume increased by 43% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Dried Or Salted Fish

Exports from the United Arab Emirates

In 2021, approx. X tons of dried or salted fish were exported from the United Arab Emirates; which is down by -74.3% against 2020 figures. In general, exports showed a dramatic descent. The pace of growth was the most pronounced in 2017 when exports increased by 127% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, dried or salted fish exports contracted significantly to $X in 2021. Over the period under review, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2016 when exports increased by 78%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons), India (X tons) and Sri Lanka (X tons) were the main destinations of dried or salted fish exports from the United Arab Emirates, together comprising 52% of total exports. Oman, Tanzania, Iran and Bahrain lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Tanzania (with a CAGR of +38.3%), while shipments for the other leaders experienced a decline.

In value terms, Iran ($X), Hong Kong SAR ($X) and India ($X) constituted the largest markets for dried or salted fish exported from the United Arab Emirates worldwide, with a combined 46% share of total exports. These countries were followed by Sri Lanka, Tanzania, Oman and Bahrain, which together accounted for a further 9.3%.

In terms of the main countries of destination, Tanzania, with a CAGR of +49.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average dried or salted fish export price stood at $X per ton in 2021, stabilizing at the previous year. In general, the export price showed a slight descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 189% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Iran ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Salted Fish

Imports into the United Arab Emirates

Dried or salted fish imports into the United Arab Emirates reduced to X tons in 2021, with a decrease of -8% on the previous year's figure. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 61% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, dried or salted fish imports declined to $X in 2021. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2016 when imports increased by 48% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Oman (X tons) constituted the largest supplier of dried or salted fish to the United Arab Emirates, with a 44% share of total imports. Moreover, dried or salted fish imports from Oman exceeded the figures recorded by the second-largest supplier, Somalia (X tons), fivefold. The third position in this ranking was taken by Saudi Arabia (X tons), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Oman totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Somalia (+58.3% per year) and Saudi Arabia (+7.3% per year).

In value terms, Oman ($X), Saudi Arabia ($X) and Iceland ($X) appeared to be the largest dried or salted fish suppliers to the United Arab Emirates, together accounting for 50% of total imports.

Among the main suppliers, Saudi Arabia, with a CAGR of +9.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average dried or salted fish import price amounted to $X per ton, which is down by -4.3% against the previous year. Over the period under review, the import price recorded a perceptible shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by 73%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Saudi Arabia ($X per ton), while the price for Somalia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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