United Arab Emirates: Market for Dried Or Smoked Fish 2025

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

The dried or smoked fish market in the United Arab Emirates dropped to $X in 2021, reducing by -5.3% against the previous year. Over the period under review, consumption recorded a perceptible setback. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Dried Or Smoked Fish in the United Arab Emirates

In value terms, dried or smoked fish production shrank to $X in 2021 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +103.0% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 73% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then shrank in the following year.

Exports of Dried Or Smoked Fish

Exports from the United Arab Emirates

After two years of growth, overseas shipments of dried or smoked fish decreased by -18.9% to X tons in 2021. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 1,088% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then reduced rapidly in the following year.

In value terms, dried or smoked fish exports reduced modestly to $X in 2021. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 144% against the previous year. The exports peaked at $X in 2020, and then fell in the following year.

Exports by Country

Sri Lanka (X tons) was the main destination for dried or smoked fish exports from the United Arab Emirates, accounting for a 99% share of total exports. It was followed by Hong Kong SAR (X tons), with a 0.4% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Sri Lanka stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-16.3% per year) and Oman (-31.8% per year).

In value terms, Sri Lanka ($X) remains the key foreign market for dried or smoked fish exports from the United Arab Emirates, comprising 89% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 6.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Sri Lanka amounted to +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-16.3% per year) and Oman (-6.6% per year).

Export Prices by Country

The average dried or smoked fish export price stood at $X per ton in 2021, surging by 18% against the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2018 an increase of 245% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Sri Lanka ($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 Oman (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dried Or Smoked Fish

Imports into the United Arab Emirates

For the fifth consecutive year, the United Arab Emirates recorded decline in supplies from abroad of dried or smoked fish, which decreased by -8.3% to X tons in 2021. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of 25% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, dried or smoked fish imports soared to $X in 2021. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 31% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Oman (X tons), Egypt (X tons) and India (X tons) were the main suppliers of dried or smoked fish imports to the United Arab Emirates, with a combined 71% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +13.6%), while imports for the other leaders experienced a decline.

In value terms, the largest dried or smoked fish suppliers to the United Arab Emirates were Oman ($X), the UK ($X) and Denmark ($X), with a combined 32% share of total imports. These countries were followed by Egypt, Norway, Myanmar, India and Iceland, which together accounted for a further 16%.

Egypt, with a CAGR of +8.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average dried or smoked fish import price stood at $X per ton in 2021, jumping by 27% against the previous year. In general, the import price recorded a measured expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 125%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iceland (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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