Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Finland - 2023
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland (CIF) - 2023
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland (FOB) - 2022
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland (CIF) - 2023
The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $15,776 per ton in October 2023, approximately equating the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in August 2023 an increase of 40% against the previous month. Over the period under review, average import prices reached the peak figure at $18,442 per ton in June 2023; however, from July 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 Sweden ($22,590 per ton), while the price for Denmark ($14,360 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 Sweden (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland (FOB) - 2022
The average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $18,020 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a slight expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices reached the maximum at $26,613 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +9.8% per year.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland
In 2022, approx. 78 tons of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s were imported into Finland; falling by -30.3% compared with the year before. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s plummeted to $1.1M in 2022. In general, imports continue to indicate a dramatic descent. The smallest decline of -8.5% was in 2021.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 575 | 448 | 467 | 473 | -6.3% |
| Denmark | 742 | 456 | 430 | 398 | -18.7% |
| Sweden | 232 | 289 | 288 | 175 | -9.0% |
| Estonia | 600 | 420 | 275 | 4.9 | -79.9% |
| Spain | 59.7 | 0.1 | 4.4 | 0.2 | -85.0% |
| Others | 64.3 | 54.2 | 59.4 | 10.1 | -46.0% |
| Total | 2,272 | 1,666 | 1,524 | 1,061 | -22.4% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Finland in 2022:
- Denmark (34.7 tons)
- China (28.3 tons)
- Sweden (14.5 tons)
- Estonia (0.2 tons)
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland
After two years of decline, shipments abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by 0% to 147 kg in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2020.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $2.6K in 2022. In general, exports faced a drastic downturn. The smallest decline of 99.9% was in 2020.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 4.0 | N/A | N/A | 2.6 | -13.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.0 | N/A | N/A | 2.6 | -13.4% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Finland in 2022:
- Estonia (147.0 kg)
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