Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Norway - 2024
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway (CIF) - 2024
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway (FOB) - 2022
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway (CIF) - 2024
The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $17,335 per ton in January 2024, growing by 3.4% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in December 2023 an increase of 38% m-o-m. Over the period under review, average import prices reached the peak figure in January 2024.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($18,852 per ton), while the price for Spain ($5,996 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Denmark (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway (FOB) - 2022
In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $14,044 per ton, waning by -36.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 106% against the previous year. Over the period under review, the average export prices attained the peak figure at $22,264 per ton in 2021, and then reduced markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($39,862 per ton), while the average price for exports to Israel ($5,212 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway
For the third consecutive year, Norway recorded decline in purchases abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, which decreased by -3% to 285 tons in 2022. Overall, imports showed a perceptible setback. The smallest decline of -1.6% was in 2021.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s rose rapidly to $4.1M in 2022. Over the period under review, imports saw a deep reduction.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 2.4 | 2.1 | 2.6 | -13.4% |
| Denmark | 0.8 | 1.2 | 1.0 | 0.9 | 4.0% |
| Sweden | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Spain | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.2 | 4.0 | 3.6 | 4.1 | -7.6% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Norway in 2022:
- China (172.2 tons)
- Denmark (66.6 tons)
- Spain (31.5 tons)
- Sweden (14.7 tons)
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway
In 2022, approx. 1.1 tons of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s were exported from Norway; stabilizing at the previous year's figure. Over the period under review, exports continue to indicate a sharp curtailment.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s contracted sharply to $15K in 2022. Overall, exports continue to indicate a sharp decline.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.5 | 11.0 | 0.8 | 8.7 | -19.2% |
| Sweden | 17.8 | N/A | N/A | 3.2 | -43.6% |
| Israel | N/A | N/A | 0.3 | 2.8 | 833.3% |
| Denmark | 99.5 | 46.9 | N/A | 0.1 | -90.0% |
| United Arab Emirates | N/A | N/A | 22.4 | N/A | 0% |
| Others | 0.9 | 0.8 | 0.1 | N/A | -66.7% |
| Total | 135 | 58.7 | 23.6 | 14.8 | -52.1% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Norway in 2022:
- Israel (528.0 kg)
- Germany (438.0 kg)
- Sweden (80.0 kg)
- Denmark (6.0 kg)
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