United Arab Emirates: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in the United Arab Emirates

The frozen salmonoids market in the United Arab Emirates soared to $X in 2020, picking up 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). Overall, consumption saw pronounced growth. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Frozen Salmonoids Exports

Exports from the United Arab Emirates

In 2020, overseas shipments of frozen salmonoids were finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a deep contraction. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, frozen salmonoids exports dropped to $X in 2020. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for frozen salmonoids exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, frozen salmonoids exports to Turkey exceeded the volume sent to the second major destination, Bangladesh (X tons), twofold. Oman (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+X% per year) and Oman (-X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for frozen salmonoids exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-X% per year) and Oman (-X% per year).

Export Prices by Country

The average frozen salmonoids export price stood at $X per ton in 2020, waning by -X% against the previous year. Over the period under review, the export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Turkey ($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 Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports into the United Arab Emirates

Frozen salmonoids imports into the United Arab Emirates soared to X tons in 2020, picking up by X% compared with 2019. Over the period under review, imports posted a prominent expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, frozen salmonoids imports declined sharply to $X in 2020. In general, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Myanmar (X tons), Mauritania (X tons) and Thailand (X tons) were the main suppliers of frozen salmonoids imports to the United Arab Emirates, together comprising X% of total imports. These countries were followed by Somalia and the UK, which together accounted for a further X 2007 to 2020, the biggest increases were in the UK, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen salmonoids suppliers to the United Arab Emirates were Mauritania ($X), the UK ($X) and Myanmar ($X), together accounting for X% of total imports.

The UK saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen salmonoids import price stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the import price recorded a pronounced descent. The pace of growth appeared the most rapid in 2019 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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