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

Contents:

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

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Greece (CIF) - 2022

The average import price for crustacean preparations; lobster, prepared or preserveds stood at $9,286 per ton in 2022, waning by -4.8% against the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 114%. The import price peaked at $18,307 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($26,093 per ton), while the price for Portugal ($4,474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $4,086 per ton, jumping by 19% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 40%. The export price peaked at $4,571 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($4,160 per ton), while the average price for exports to Germany ($3,029 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 Bulgaria (-1.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 1.9 tons of crustacean preparations; lobster, prepared or preserveds were imported into Greece; growing by 13% against the year before. In general, imports, however, showed a abrupt setback.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds expanded significantly to $18K in 2022. Over the period under review, imports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 137% against the previous year.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.11.92.711.239.8%
Portugal1.82.84.16.755.0%
Spain22.92.11.7N/A-72.8%
GermanyN/AN/A8.3N/A0%
OthersN/A0.2N/AN/A0%
Total28.97.116.717.9-14.8%

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

  1. Portugal (1500.0 kg)
  2. France (429.0 kg)

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

In 2022, exports of crustacean preparations; lobster, prepared or preserveds from Greece skyrocketed to 2.8 tons, increasing by 4,898% against 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustacean preparations; lobster, prepared or preserveds skyrocketed to $11K in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Crustacean Preparations; Lobster, Prepared or Preserved in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CyprusN/AN/AN/A10.80%
Bulgaria0.1N/AN/A0.571.0%
Germany0.2N/AN/A0.1-20.6%
United Arab Emirates0.1N/AN/AN/A0%
OthersN/AN/A0.10.10.0%
Total0.40.10.211.4205.5%

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

  1. Cyprus (2586.0 kg)
  2. Bulgaria (165.0 kg)
  3. Germany (34.0 kg)

Source: IndexBox Market Intelligence Platform

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