Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Bolivia - 2023

Contents:

  1. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bolivia (CIF) - 2022
  2. Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bolivia

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bolivia (CIF) - 2022

In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $10,788 per ton, with an increase of 64% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s increased by +108.7% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +11.4% per year.

Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bolivia

In 2022, after three years of growth, there was significant decline in supplies from abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, when their volume decreased by -93% to 179 kg. Overall, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2020 when imports increased by 134%.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s fell remarkably to $1.9K in 2022. Over the period under review, imports saw a significant curtailment. The growth pace was the most rapid in 2020 when imports increased by 219%. As a result, imports reached the peak of $17K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.78.09.81.9-11.1%
Chile2.79.47.0N/A61.0%
Others0.1N/AN/AN/A0%
Total5.417.416.81.9-29.4%

Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Bolivia in 2022:

  1. United States (179.0 kg)

Source: IndexBox Market Intelligence Platform

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