United Arab Emirates: Market for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs 2025

Market Size for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in the United Arab Emirates

The meat and fish extracts market in the United Arab Emirates expanded rapidly to $X in 2021, surging by 7.8% against the previous year. In general, consumption, however, saw a noticeable curtailment. Meat and fish extracts consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in the United Arab Emirates

In value terms, meat and fish extracts production declined modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in 2019 with an increase of 39% against the previous year. Meat and fish extracts production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Exports from the United Arab Emirates

In 2021, overseas shipments of extracts and juices of meat, fish, crustaceans and molluscs were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, exports posted a pronounced expansion. The most prominent rate of growth was recorded in 2014 with an increase of 410%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, meat and fish extracts exports surged to $X in 2021. Over the period under review, exports recorded a buoyant expansion. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Kenya (X tons) was the main destination for meat and fish extracts exports from the United Arab Emirates, accounting for a 145% share of total exports. Moreover, meat and fish extracts exports to Kenya exceeded the volume sent to the second major destination, Iran (X kg), threefold. The third position in this ranking was held by Seychelles (X kg), with a 40% share.

From 2012 to 2021, the average annual growth rate of volume to Kenya stood at +210.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (0.0% per year) and Seychelles (+5.5% per year).

In value terms, India ($X) remains the key foreign market for extracts and juices of meat, fish, crustaceans and molluscs exports from the United Arab Emirates, comprising 24% of total exports. The second position in the ranking was held by Kenya ($X), with a 7.1% share of total exports. It was followed by Seychelles, with a 2% share.

From 2012 to 2021, the average annual growth rate of value to India stood at +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+112.2% per year) and Seychelles (+18.6% per year).

Export Prices by Country

The average meat and fish extracts export price stood at $X per ton in 2021, rising by 3% against the previous year. Over the period under review, the export price showed strong growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 173% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Iran ($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 Ethiopia (+281.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Imports into the United Arab Emirates

In 2021, the amount of extracts and juices of meat, fish, crustaceans and molluscs imported into the United Arab Emirates skyrocketed to X tons, picking up by 227% against the previous year. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 670% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, meat and fish extracts imports skyrocketed to $X in 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 578% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of meat and fish extracts to the United Arab Emirates, with a 59% share of total imports. Moreover, meat and fish extracts imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the Philippines (X tons), fivefold. The third position in this ranking was held by Bahrain (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +78.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (0.0% per year) and Bahrain (+11.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of extracts and juices of meat, fish, crustaceans and molluscs to the United Arab Emirates, comprising 28% of total imports. The second position in the ranking was taken by the UK ($X), with a 2.4% share of total imports. It was followed by Spain, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +82.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+11.4% per year) and Spain (+45.8% per year).

Import Prices by Country

In 2021, the average meat and fish extracts import price amounted to $X per ton, with an increase of 100% against the previous year. Over the period under review, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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