Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Paraguay - 2024

Contents:

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

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

In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $5,655 per ton, surging by 16% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 50% against the previous year. The import price peaked at $10,369 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Spain ($6,165 per ton), while the price for Portugal totaled $3,203 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+48.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, purchases abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -50% to 5.8 tons in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 486% against the previous year.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s reduced markedly to $33K in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 84%.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.6N/A46.329.7164.8%
PortugalN/A35.610.43.2-70.0%
Chile17.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19.335.656.732.919.5%

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

  1. Spain (4.8 tons)
  2. Portugal (1.0 tons)

Source: IndexBox Market Intelligence Platform

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