Price for Crustacean Preparations; Lobster, Prepared or Preserved in Germany - 2023

Contents:

  1. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Germany (CIF) - 2023
  2. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Germany (FOB) - 2022
  3. Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Germany
  4. Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Germany

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Germany (CIF) - 2023

The average import price for crustacean preparations; lobster, prepared or preserveds stood at $26,819 per ton in October 2023, surging by 8.1% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 500% month-to-month. Over the period under review, average import prices attained the peak figure at $39,436 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($38,341 per ton), while the price for the Netherlands ($1,268 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Germany (FOB) - 2022

In 2022, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $22,981 per ton, reducing by -40.8% against the previous year. In general, the export price recorded a mild decline. The pace of growth was the most pronounced in 2018 an increase of 49% against the previous year. The export price peaked at $38,791 per ton in 2021, and then reduced rapidly 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 South Africa ($67,922 per ton), while the average price for exports to the Czech Republic ($8,593 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 Sweden (+35.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Germany

In 2022, overseas purchases of crustacean preparations; lobster, prepared or preserveds were finally on the rise to reach 51 tons after two years of decline. Overall, imports, however, showed a mild descent.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds surged to $792K in 2022. Over the period under review, imports, however, saw a abrupt downturn.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands40769.050.1340-5.8%
Belgium246192229214-4.5%
Canada166101134120-10.3%
France103146154101-0.7%
United States24.644.920.37.3-33.3%
Italy73.11.21.33.6-63.3%
Others8.113.228.87.8-1.3%
Total1,028567617792-8.3%

Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Germany in 2022:

  1. Netherlands (31.2 tons)
  2. Belgium (9.6 tons)
  3. France (6.3 tons)
  4. Canada (1.8 tons)
  5. United States (1.7 tons)
  6. Italy (0.2 tons)

Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Germany

In 2022, the amount of crustacean preparations; lobster, prepared or preserveds exported from Germany dropped dramatically to 9.3 tons, with a decrease of -31.7% compared with the previous year's figure. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 22%.

In value terms, exports of crustacean preparations; lobster, prepared or preserveds shrank remarkably to $213K in 2022. Overall, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 80%.

Export of Crustacean Preparations; Lobster, Prepared or Preserved in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland32.52.742.039.97.1%
Belgium36.366.250.029.5-6.7%
Poland18.519.718.622.26.3%
South AfricaN/AN/AN/A19.20%
Austria22.613.214.412.9-17.0%
Czech Republic17.06.15.911.7-11.7%
Hong Kong SARN/A1.73.07.9115.6%
Denmark70.88.42.14.0-61.6%
Spain56.96.27.33.9-59.1%
Curacao35.1N/AN/A0.1-85.8%
Netherlands23.545.839.8N/A30.1%
Others27012234361.4-39.0%
Total583292526213-28.5%

Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Germany in 2022:

  1. Poland (2428.0 kg)
  2. Czech Republic (1361.0 kg)
  3. Switzerland (1002.0 kg)
  4. Hong Kong SAR (869.0 kg)
  5. Belgium (683.0 kg)
  6. Austria (455.0 kg)
  7. South Africa (282.0 kg)
  8. Spain (201.0 kg)
  9. Denmark (160.0 kg)
  10. Curacao (2.0 kg)

Source: IndexBox Market Intelligence Platform

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