United Arab Emirates: Market for Frozen Fish And Seafood 2025

Market Size for Frozen Fish And Seafood in the United Arab Emirates

The frozen fish and seafood market in the United Arab Emirates surged to $X in 2022, jumping by X% against the previous year. Overall, consumption recorded a resilient expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Frozen Fish And Seafood in the United Arab Emirates

In value terms, frozen fish and seafood production expanded to $X in 2022 estimated in export price. In general, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Frozen Fish And Seafood

Exports from the United Arab Emirates

In 2022, shipments abroad of frozen fish and seafood decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports saw a pronounced setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen fish and seafood exports declined dramatically to $X in 2022. Over the period under review, exports saw a pronounced decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Iran (X tons), Oman (X tons) and Saudi Arabia (X tons) were the main destinations of frozen fish and seafood exports from the United Arab Emirates, with a combined X% share of total exports. Kuwait, Jordan, Qatar, Turkmenistan and Egypt lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fish and seafood exported from the United Arab Emirates were Oman ($X), Kuwait ($X) and Iran ($X), with a combined X% share of total exports. Saudi Arabia, Qatar, Jordan, Egypt and Turkmenistan lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Qatar, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen fish and seafood export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Fish And Seafood

Imports into the United Arab Emirates

In 2022, the amount of frozen fish and seafood imported into the United Arab Emirates reduced to X tons, declining by X% on the previous year's figure. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, frozen fish and seafood imports declined to $X in 2022. Over the period under review, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

India (X tons), Vietnam (X tons) and Myanmar (X tons) were the main suppliers of frozen fish and seafood imports to the United Arab Emirates, with a combined X% share of total imports. Iran, Ecuador, China, Ghana, Thailand, Pakistan, Chile, Oman, Taiwan (Chinese) and Iceland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ghana (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of frozen fish and seafood to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with an X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average frozen fish and seafood import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price continues to indicate a slight curtailment. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Iceland ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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