| Product Code: ETC384760 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Seafood, including shellfish like shrimp and crab, holds a special place in the UAE cuisine. The market for shellfish is influenced by factors like sustainability, aquaculture practices, and international trade.
The shellfish market in the UAE has been on an upward trajectory, primarily due to several driving factors. The nation`s strategic geographical location along the coastlines of the Arabian Gulf and the Gulf of Oman offers abundant resources for shellfish harvesting. The popularity of seafood in the Emirati diet, combined with the growing trend of dining out and increased tourism, has substantially increased the demand for shellfish products. Furthermore, advancements in cold chain logistics and preservation technologies have enabled efficient transportation of shellfish, expanding market reach. Additionally, stringent quality standards and regulations enforced by government authorities have instilled confidence in consumers, further propelling the market`s growth.
The UAE shellfish market confronts a pressing challenge in the form of sustainability and environmental considerations. Balancing the demand for shellfish with responsible harvesting practices and conservation efforts is paramount. Addressing concerns related to overfishing and habitat degradation requires careful planning and strategic initiatives.
The shellfish market in the UAE faced significant challenges during the COVID-19 pandemic. With the restrictions on international trade and tourism, there was a sharp decline in demand from the hospitality and restaurant sector, traditionally major consumers of shellfish. This led to a surplus in the market and a subsequent drop in prices. Additionally, the sector had to adapt to stringent health and safety protocols, impacting operations.
The UAE shellfish market boasts key players such as Jumeirah Fishing Company, Emirates Fisheries Co., and Dubai Fishermen Co-operative Association. These companies are pivotal in supplying a variety of fresh and frozen shellfish products to cater to the UAE seafood demands.
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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