Price for Crustacean Preparations; Lobster, Prepared or Preserved in Sweden - 2023
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Sweden (CIF) - 2022
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Sweden (FOB) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Sweden
- Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Sweden
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Sweden (CIF) - 2022
The average import price for crustacean preparations; lobster, prepared or preserveds stood at $34,196 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, the import price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Canada ($71,391 per ton), while the price for Germany ($17,295 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+12.4%), while the prices for the other major suppliers experienced a decline.
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Sweden (FOB) - 2022
The average export price for crustacean preparations; lobster, prepared or preserveds stood at $30,381 per ton in 2022, surging by 159% against the previous year. Overall, the export price posted a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($31,306 per ton), while the average price for exports to the UK ($1,818 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 Finland (+5.9%), while the prices for the other major destinations experienced a decline.
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Sweden
Imports of crustacean preparations; lobster, prepared or preserveds into Sweden surged to 66 tons in 2022, jumping by 16% compared with the year before. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds soared to $2.3M in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 37% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 364 | 566 | 956 | 1,445 | 58.3% |
| Denmark | 499 | 495 | 702 | 795 | 16.8% |
| Germany | 3.9 | 115 | 10.2 | 19.1 | 69.8% |
| Others | 51.0 | 76.0 | 4.9 | 0.2 | -84.2% |
| Total | 917 | 1,253 | 1,673 | 2,260 | 35.1% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Sweden in 2022:
- Denmark (44.7 tons)
- Canada (20.2 tons)
- Germany (1.1 tons)
Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Sweden
For the third year in a row, Sweden recorded decline in overseas shipments of crustacean preparations; lobster, prepared or preserveds, which decreased by -29.1% to 436 kg in 2022. In general, exports saw a sharp slump.
In value terms, exports of crustacean preparations; lobster, prepared or preserveds surged to $13K in 2022. Overall, exports showed a dramatic downturn.
| Export of Crustacean Preparations; Lobster, Prepared or Preserved in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 142 | 54.3 | 0.7 | 13.1 | -54.8% |
| Norway | N/A | 3.4 | 1.5 | 0.1 | -82.9% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Denmark | N/A | 5.6 | 5.0 | N/A | -10.7% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 142 | 63.5 | 7.2 | 13.2 | -54.7% |
Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Sweden in 2022:
- Finland (418.0 kg)
- United Kingdom (11.0 kg)
- Norway (7.0 kg)
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