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

Contents:

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

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

The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $8,505 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 28%. The import price peaked at $12,408 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($8,626 per ton), while the price for the Netherlands totaled $5,816 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-3.4%).

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

In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $8,393 per ton, almost unchanged from the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 7.6% against the previous year. Over the period under review, the average export prices reached the peak figure at $16,521 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($10,656 per ton), while the average price for exports to the UK totaled $7,650 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-5.4%).

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

In 2022, purchases abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by 0% to 108 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $919K in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 4.2% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. United Kingdom (103.0 tons)
2. Netherlands (4.9 tons)

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

In 2022, overseas shipments of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by 0% to 2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate noticeable growth. The pace of growth was the most pronounced in 2020 with an increase of 541%. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $17K in 2022. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 590% against the previous year. As a result, the exports reached the peak of $143K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. United Kingdom (1.5 tons)
2. Spain (0.5 tons)

Source: IndexBox Market Intelligence Platform