Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana - 2022
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana (FOB) - 2022
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana (CIF) - 2022
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana (FOB) - 2022
In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $3,746 per ton, dropping by -50% against the previous year. Overall, the export price saw a pronounced curtailment. The pace of growth was the most pronounced in 2017 when the average export price increased by 41% against the previous year. The export price peaked at $10,222 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($3,840 per ton), while the average price for exports to the United States amounted to $3,726 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-4.2%).
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana (CIF) - 2022
In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $7,503 per ton, leveling off at the previous year. In general, the import price, however, posted a strong expansion. The growth pace was the most rapid in 2019 an increase of 61%. The import price peaked at $7,579 per ton in 2021, and then reduced in the following year.
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 Denmark ($13,000 per ton), while the price for Belgium ($7,162 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+58.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana
In 2022, the amount of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s exported from Ghana was estimated at 1.8 tons, increasing by 3.8% compared with the previous year's figure. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,987%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s shrank sharply to $6.9K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,444%. As a result, the exports reached the peak of $13K, and then shrank remarkably in the following year.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 8.9 | 5.7 | -36.0% |
| Canada | 0.2 | 0.5 | 4.3 | 1.2 | 81.7% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 0.2 | 0.5 | 13.3 | 6.9 | 225.5% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Ghana in 2022:
- United States (1524.0 kg)
- Canada (318.0 kg)
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana
In 2022, the amount of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s imported into Ghana soared to 384 kg, jumping by 48% on 2021. Over the period under review, imports showed a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 86%. As a result, imports attained the peak of 507 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s skyrocketed to $2.9K in 2022. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 92%. As a result, imports attained the peak of $3.8K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.8 | 1.6 | 0.8 | 2.6 | 13.0% |
| South Africa | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| United Arab Emirates | N/A | N/A | 1.1 | N/A | 0% |
| Portugal | N/A | 2.0 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 2.0 | 3.8 | 2.0 | 2.9 | 13.2% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Ghana in 2022:
- Belgium (365.0 kg)
- South Africa (13.0 kg)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Ghana.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Ghana.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
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Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
