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

Contents:

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

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

The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $14,186 per ton in 2022, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2017 an increase of 53% against the previous year. Over the period under review, average import prices reached the peak figure at $19,102 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +27.5% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, when their volume decreased by -29.3% to 140 kg. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 141%. As a result, imports attained the peak of 198 kg, and then reduced notably in the following year.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s declined notably to $2K in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 141% against the previous year. As a result, imports reached the peak of $2.8K, and then contracted markedly in the following year.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.01.02.82.026.0%
ItalyN/A0.1N/AN/A0%
United Arab Emirates0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.11.22.82.022.1%

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

  1. Turkey (140.0 kg)

Source: IndexBox Market Intelligence Platform

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