United Arab Emirates: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in the United Arab Emirates

The market for jellyfish, dried, salted or in brine, smoked in the United Arab Emirates declined dramatically to $X in 2022, falling by -43.1% against the previous year. In general, consumption recorded a deep reduction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in the United Arab Emirates

In value terms, production of jellyfish, dried, salted or in brine, smoked contracted remarkably to $X in 2022 estimated in export price. In general, production showed a precipitous contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 2,116,000%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports from the United Arab Emirates

In 2022, after seven years of decline, there was significant growth in shipments abroad of jellyfish, dried, salted or in brine, smoked, when their volume increased by 109% to X kg. Over the period under review, exports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2014 when exports increased by 3,106% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of jellyfish, dried, salted or in brine, smoked skyrocketed to $X in 2022. In general, exports, however, faced a sharp shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 5,981% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Maldives (X kg) was the main destination for exports of jellyfish, dried, salted or in brine, smoked from the United Arab Emirates, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives stood at +1.3%.

In value terms, Maldives ($X) also remains the key foreign market for jellyfish, dried, salted or in brine, smoked exports from the United Arab Emirates.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives stood at +11.9%.

Export Prices by Country

The average export price for jellyfish, dried, salted or in brine, smoked stood at $X per ton in 2022, which is down by -3.7% against the previous year. Over the period under review, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 90% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +10.4% per year.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports into the United Arab Emirates

In 2022, after two years of growth, there was decline in supplies from abroad of jellyfish, dried, salted or in brine, smoked, when their volume decreased by -2.6% to X kg. Over the period under review, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 with an increase of 237%. Over the period under review, imports of attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of jellyfish, dried, salted or in brine, smoked declined dramatically to $X in 2022. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 202%. Over the period under review, imports of reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Korea (X kg), Thailand (X kg) and Germany (X kg) were the main suppliers of imports of jellyfish, dried, salted or in brine, smoked to the United Arab Emirates, together comprising 95% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +10.8%), while purchases for the other leaders experienced a decline.

In value terms, South Korea ($X), Germany ($X) and Thailand ($X) constituted the largest jellyfish, dried, salted or in brine, smoked suppliers to the United Arab Emirates, with a combined 76% share of total imports.

Among the main suppliers, South Korea, with a CAGR of -0.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for jellyfish, dried, salted or in brine, smoked stood at $X per ton in 2022, dropping by -31.7% against the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 186% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :