Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria - 2023

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria (CIF) - 2023
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria (FOB) - 2022
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria (CIF) - 2023

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $12,037 per ton in September 2023, declining by -2.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 25% against the previous month. As a result, import price reached the peak level of $13,734 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($18,563 per ton), while the price for India totaled $8,691 per ton.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria (FOB) - 2022

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $21,393 per ton in 2022, with a decrease of -2.8% against the previous year. In general, the export price, however, posted a strong increase. The growth pace was the most rapid in 2017 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $22,118 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($32,354 per ton), while the average price for exports to Germany ($16,743 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 the Netherlands (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria

For the third year in a row, Austria recorded decline in overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which decreased by -19.9% to 1.4K tons in 2022. In general, imports continue to indicate a abrupt slump. The smallest decline of -0.8% was in 2021.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses contracted to $16M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 3.2%. As a result, imports reached the peak of $20M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.712.312.610.932.4%
Netherlands2.82.72.02.3-6.3%
France2.54.43.62.1-5.6%
Vietnam8.30.30.10.2-71.1%
BelgiumN/AN/AN/A0.20%
Others1.10.30.30.3-35.2%
Total19.420.018.716.0-6.2%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Austria in 2022:

  1. Germany (998.4 tons)
  2. Netherlands (170.2 tons)
  3. France (146.4 tons)
  4. Belgium (23.1 tons)
  5. Vietnam (11.9 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses increased by 48% to 16 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses skyrocketed to $347K in 2022. In general, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany59.652.479.310018.8%
Italy38.234.232.967.420.8%
Czech Republic22.27.618.140.322.0%
Hungary31.824.340.730.3-1.6%
Slovakia7.812.321.128.954.7%
Romania3.67.319.226.694.8%
Slovenia20.611.918.324.96.5%
Others32.828.911.428.6-4.5%
Total21717924134716.9%

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Austria in 2022:

  1. Germany (6.0 tons)
  2. Italy (3.1 tons)
  3. Czech Republic (1.8 tons)
  4. Hungary (1.3 tons)
  5. Slovakia (1.3 tons)
  6. Romania (1.0 tons)
  7. Slovenia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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