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

Contents:

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

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

The average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $9,724 per ton in 2022, surging by 1.5% against the previous year. Overall, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 50%. The export price peaked at $9,799 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 the United States ($10,012 per ton), while the average price for exports to Canada totaled $3,793 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+56.0%).

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

The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $3,510 per ton in 2022, surging by 1.7% against the previous year. Overall, the import price, however, continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2019 an increase of 141%. As a result, import price attained the peak level of $8,161 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 Spain ($7,765 per ton), while the price for Thailand ($652 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced a decline.

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

Exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s from Cameroon skyrocketed to 1.9 tons in 2022, jumping by 48% compared with 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 11,781% against the previous year. As a result, the exports reached the peak of 2.5 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s skyrocketed to $18K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 15,674% against the previous year. As a result, the exports reached the peak of $24K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Cameroon in 2022:

1. United States (1796.0 kg)
2. Canada (87.0 kg)

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

In 2022, the amount of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s imported into Cameroon contracted markedly to 49 kg, with a decrease of -18.3% compared with 2021 figures. In general, imports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 when imports increased by 150%.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s reduced markedly to $172 in 2022. Overall, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 51%.

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

1. Thailand (23.0 kg)
2. Spain (17.0 kg)
3. China (5.0 kg)
4. France (4.0 kg)

Source: IndexBox Market Intelligence Platform