What is the price of shark fins per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) shark fins is between US$ 6.91 and US$ 11.84 per kilogram or between US$ 3.13 and US$ 5.37 per pound(lb). Click here to see today's exact prices of shark fins in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for shark fins is between AED 25.37 and AED 43.48 per kilogram or between AED 11.50 and AED 19.72 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) shark fins is between US$ 4.83 and US$ 8.29 per kilogram or between US$ 2.19 and US$ 3.76 per pound(lb).
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United Arab Emirates (UAE) Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from the United Arab Emirates (UAE) has seen a significant fluctuation over the past five years. In 2012, the price was 1.71 US $ per kg, which rose to 13.33 US $ per kg in 2013. However, the price dropped to 9.97 US $ per kg in 2014 and further decreased to 4.52 US $ per kg in 2015. In 2016, the price was 4.34 US $ per kg and increased to 4.79 US $ per kg in 2017. The price then dropped to 1.06 US $ per kg in 2018 and rose to 2.46 US $ per kg in 2019. In 2020, the price was 3.50 US $ per kg and further increased to 7.82 US $ per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Shark Fins from the UAE will be 8.45 US $ per kg in 2023 and 10.17 US $ per kg in 2024.United Arab Emirates (UAE) Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into the United Arab Emirates (UAE) has seen a significant fluctuation over the past five years. In 2012, the price was 1.71 US dollars per kg, which rose to 13.33 US dollars per kg in 2013. This was followed by a decrease to 9.97 US dollars per kg in 2014. In 2015, the price dropped further to 4.52 US dollars per kg, and then to 4.34 US dollars per kg in 2016. The price then increased to 4.79 US dollars per kg in 2017, before dropping to 1.06 US dollars per kg in 2018. In 2019, the price rose again to 2.46 US dollars per kg, and then to 3.50 US dollars per kg in 2020. The most recent data shows that the price has increased to 7.82 US dollars per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Shark Fins into the UAE will be 8.50 US dollars per kg in 2023 and 9.20 US dollars per kg in 2024.Export values for United Arab Emirates (UAE) shark fins
The total values in export for shark fins in United Arab Emirates (UAE) were US$ 404, US$ 628, US$ 166 and US$ 64 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in United Arab Emirates (UAE): Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of shark fins in other countries across Middle East: Bahrain shark fins, Cyprus shark fins, Iraq shark fins, Israel shark fins, Jordan shark fins, Kuwait shark fins, Lebanon shark fins, Palestine shark fins, Oman shark fins & Qatar shark fins.
United Arab Emirates (UAE) shark fins - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) shipped 26 tonnes of shark fins. Through 2019 alone, the interest in United Arab Emirates (UAE) shark fins (fish category) has shrunk, flactuating by -83.439 pc compared to the year 2018. Between 2017 and 2019, shark fins' exports reduced by -80.15 pc bringing the country US$0.06m for the year 2019. United Arab Emirates (UAE)'s shark fins exports are categorised as:
- Fresh or chilled shark fins (HS code 030292)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Frozen shark fins (HS code 030392)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
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United Arab Emirates (UAE) shark fins export values
In 2019, United Arab Emirates (UAE) sold shark fins worth 0.06m USD, a reduction of -63.86% from 2018's total shark fins export of 0.166m USD. The annual change in value of United Arab Emirates (UAE) shark fins between 2017 to 2018 was -73.567%.
The annual variation in the quantity of United Arab Emirates (UAE)'s shark fins exports between 2017 and 2019 was -80.15 per cent in comparison to a variation of -83.439% in the period between 2018 and 2019.
United Arab Emirates (UAE)'s stake of the world's total shark fins' exports in 2019 was less than 1%. The country is ranked number 13 in world exports of shark fins.
Export markets for United Arab Emirates (UAE) shark fins ( in '000$ )
Import/Export Trends
United Arab Emirates (UAE) is a net importer of shark fins. The annual growth of United Arab Emirates (UAE) shark fins in value between 2015 to 2019 was 171%, per year, while annual growth in quantity during the same period was 117%, per annum.
United Arab Emirates (UAE) bought 19 tonnes of shark fins in 2019.