Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates - 2022

Contents:

1. Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates (CIF) - 2022
2. Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates (FOB) - 2022
3. Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates
4. Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates

Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for aquatic invertebrates; sea cucumbers, prepared or preserveds amounted to $4,840 per ton, almost unchanged from the previous year. Overall, the import price posted significant growth. The growth pace was the most rapid in 2020 when the average import price decreased by 99.9%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Malaysia ($20,167 per ton), while the price for Lebanon stood at $4,227 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Somalia (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates (FOB) - 2022

The average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $4,141 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 126%. The export price peaked at $8,429 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +10.0% per year.

Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates

In 2022, after two years of decline, there was decline in overseas purchases of aquatic invertebrates; sea cucumbers, prepared or preserveds, when their volume decreased by 0% to 156 kg. Over the period under review, imports posted a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of aquatic invertebrates; sea cucumbers, prepared or preserveds totaled $755 in 2022. Overall, imports saw significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved to the United Arab Emirates in 2022:

1. Lebanon (150.0 kg)
2. Malaysia (6.0 kg)

Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United Arab Emirates

After three years of growth, shipments abroad of aquatic invertebrates; sea cucumbers, prepared or preserveds decreased by -8.3% to 792 kg in 2022. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of 864 kg, and then contracted in the following year.

In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds contracted to $3.3K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports reached the peak of $3.6K, and then reduced in the following year.

Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from the United Arab Emirates in 2022:

1. Hong Kong SAR (792.0 kg)

Source: IndexBox Market Intelligence Platform