United Arab Emirates: Frozen Catfish Fillets Market 2021

Frozen Catfish Fillets Market Size in the United Arab Emirates

The frozen catfish fillets market in the United Arab Emirates fell dramatically to $X in 2020, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a perceptible descent. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market failed to regain the momentum.

Frozen Catfish Fillets Exports

Exports from the United Arab Emirates

In 2020, overseas shipments of frozen catfish fillets decreased by -X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, frozen catfish fillets exports fell remarkably to $X in 2020. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for frozen catfish fillets exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, frozen catfish fillets exports to Saudi Arabia exceeded the volume sent to the second major destination, Thailand (X tons), sixfold. The third position in this ranking was occupied by Jordan (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Jordan (+X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for frozen catfish fillets exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Jordan ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Saudi Arabia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+X% per year) and Thailand (+X% per year).

Export Prices by Country

In 2020, the average frozen catfish fillets export price amounted to $X per ton, which is down by -X% against the previous year. In general, the export price, however, enjoyed a moderate expansion. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. The export price peaked at $X per ton in 2019, and then fell remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Oman ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Oman, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Catfish Fillets Imports

Imports into the United Arab Emirates

In 2020, the amount of frozen catfish fillets imported into the United Arab Emirates reduced dramatically to X tons, waning by -X% against 2019 figures. In general, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. from 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, frozen catfish fillets imports contracted remarkably to $X in 2020. Overall, imports recorded a slight slump. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. from 2019 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Vietnam (X tons) was the main frozen catfish fillets supplier to the United Arab Emirates, accounting for a X% share of total imports. It was followed by Malaysia (X tons), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Vietnam totaled -X%.

In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish fillets to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Vietnam totaled -X%.

Import Prices by Country

The average frozen catfish fillets import price stood at $X per ton in 2020, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. The import price peaked in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per ton), while the price for Malaysia totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam.

Source: IndexBox Platform

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