Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates - 2022
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates (CIF) - 2022
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates (FOB) - 2022
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $8,531 per ton, growing by 29% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; cuttle fish and squid, prepared or preserveds increased by +58.8% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($17,410 per ton), while the price for Yemen ($1,305 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates (FOB) - 2022
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $11,279 per ton in 2022, picking up by 174% against the previous year. In general, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($14,436 per ton), while the average price for exports to Oman ($3,284 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 Thailand (+46.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates
In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into the United Arab Emirates soared to 407 tons, increasing by 29% against the year before. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 144% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $3.5M in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 198%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 72.0 | 153 | 576 | 1,479 | 173.9% |
| Malaysia | 199 | 130 | 341 | 714 | 53.1% |
| China | 16.0 | 141 | 484 | 448 | 203.7% |
| Vietnam | 23.3 | 61.2 | 263 | 432 | 164.7% |
| Philippines | 65.2 | 76.8 | 48.2 | 88.0 | 10.5% |
| South Korea | 3.6 | 18.3 | 38.2 | 77.9 | 178.7% |
| India | 59.7 | 47.6 | 157 | 31.9 | -18.9% |
| Yemen | 11.0 | 4.9 | 5.7 | 18.6 | 19.1% |
| Others | 151 | 67.7 | 174 | 185 | 7.0% |
| Total | 601 | 701 | 2,088 | 3,475 | 79.5% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to the United Arab Emirates in 2022:
- Pakistan (162.9 tons)
- China (103.4 tons)
- Malaysia (53.4 tons)
- Vietnam (24.8 tons)
- Yemen (14.2 tons)
- South Korea (14.1 tons)
- Philippines (13.4 tons)
- India (9.5 tons)
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates
After three years of growth, overseas shipments of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -91.4% to 12 tons in 2022. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 199% against the previous year. As a result, the exports reached the peak of 134 tons, and then dropped remarkably in the following year.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds shrank rapidly to $130K in 2022. Overall, exports, however, enjoyed a measured increase. The growth pace was the most rapid in 2021 when exports increased by 152% against the previous year. As a result, the exports reached the peak of $550K, and then fell sharply in the following year.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 33.1 | N/A | N/A | 88.1 | 38.6% |
| Turkey | N/A | N/A | N/A | 13.8 | 0% |
| Malaysia | N/A | N/A | N/A | 12.4 | 0% |
| Tunisia | 26.8 | 52.8 | 138 | 5.0 | -42.9% |
| Jordan | 7.6 | 39.8 | 155 | 2.6 | -30.1% |
| Oman | 1.5 | 3.0 | 8.6 | 1.6 | 2.2% |
| Hong Kong SAR | N/A | N/A | N/A | 1.1 | 0% |
| Saudi Arabia | 4.6 | 25.5 | 15.2 | 0.8 | -44.2% |
| Qatar | 3.7 | 8.9 | 37.5 | 0.6 | -45.5% |
| Egypt | 17.6 | 64.8 | N/A | N/A | 268.2% |
| Bangladesh | N/A | N/A | 55.3 | N/A | 0% |
| Iran | 2.8 | N/A | N/A | N/A | 0% |
| Others | 23.5 | 23.5 | 140 | 3.8 | -45.5% |
| Total | 121 | 218 | 550 | 130 | 2.4% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from the United Arab Emirates in 2022:
- Thailand (6.1 tons)
- Turkey (1.4 tons)
- Malaysia (1.4 tons)
- Tunisia (1.1 tons)
- Oman (0.5 tons)
- Jordan (0.3 tons)
- Hong Kong SAR (0.2 tons)
- Qatar (0.1 tons)
- Saudi Arabia (0.1 tons)
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