Price for Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates - 2022
Contents:
- Price for Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates (FOB) - 2022
- Price for Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates (CIF) - 2022
- Exports of Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates
- Imports of Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates
Price for Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates (FOB) - 2022
The average export price for fats and oils and their fractions; of marine mammalses stood at $2,871 per ton in 2022, which is down by -75.3% against the previous year. Overall, the export price, however, recorded resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 324% against the previous year. The export price peaked at $11,642 per ton in 2021, and then reduced markedly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($3,152 per ton), while the average price for exports to Iran ($1,953 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 Iran (+10.6%), while the prices for the other major destinations experienced a decline.
Price for Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates (CIF) - 2022
The average import price for fats and oils and their fractions; of marine mammalses stood at $47,111 per ton in 2022, approximately reflecting the previous year. Overall, the import price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 128%. As a result, import price attained the peak level of $47,757 per ton, and then contracted modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($49,236 per ton), while the price for the UK stood at $15,040 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+379.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates
In 2022, overseas shipments of fats and oils and their fractions; of marine mammalses were finally on the rise to reach 152 tons after two years of decline. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fats and oils and their fractions; of marine mammalses soared to $437K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 3.0 | 207 | 6800.0% |
| Malaysia | 124 | 127 | 92.2 | 197 | 16.7% |
| Iran | 0.2 | 0.1 | N/A | 29.0 | 425.4% |
| Ukraine | 26.6 | N/A | N/A | N/A | 0% |
| Others | 2.0 | 0.3 | 6.9 | 4.1 | 27.0% |
| Total | 153 | 128 | 102 | 437 | 41.9% |
Top Export Markets for Fats and Oils and Their Fractions; of Marine Mammals from the United Arab Emirates in 2022:
- Malaysia (70.8 tons)
- China (65.6 tons)
- Iran (14.8 tons)
Imports of Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates
After two years of decline, purchases abroad of fats and oils and their fractions; of marine mammalses increased by 146% to 416 kg in 2022. Over the period under review, imports, however, recorded a dramatic contraction.
In value terms, imports of fats and oils and their fractions; of marine mammalses soared to $20K in 2022. Overall, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fats and Oils and Their Fractions; of Marine Mammals in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.2 | 4.9 | 0.1 | 19.0 | 54.0% |
| United Kingdom | 8.8 | 5.7 | 0.6 | 0.4 | -64.3% |
| Iceland | N/A | N/A | 7.3 | 0.3 | -95.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.0 | 10.6 | 8.1 | 19.6 | 11.9% |
Top Suppliers of Fats and Oils and Their Fractions; of Marine Mammals to the United Arab Emirates in 2022:
- United States (385.0 kg)
- United Kingdom (25.0 kg)
- Iceland (6.0 kg)
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