Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia - 2023
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia (CIF) - 2023
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia (FOB) - 2023
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia (CIF) - 2023
In September 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $7,961 per ton, which is down by -40.5% against the previous month. Over the period under review, the import price recorded a abrupt descent. The growth pace was the most rapid in July 2023 an increase of 16% month-to-month. As a result, import price reached the peak level of $16,846 per ton. From August 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($12,450 per ton), while the price for Sweden ($7,656 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+7.8%), 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 Estonia (FOB) - 2023
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $22,413 per ton in September 2023, therefore, remained relatively stable against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 7.3% m-o-m. The export price peaked at $22,730 per ton in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Latvia ($23,154 per ton), while the average price for exports to Norway totaled $22,400 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia
After three years of growth, supplies from abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -5% to 835 tons in 2022. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 4.6%. As a result, imports attained the peak of 879 tons, and then reduced modestly in the following year.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses dropped to $11M in 2022. Overall, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 5.7% against the previous year.
Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Albania | 11.5 | 11.8 | 12.3 | 10.2 | -3.9% |
Lithuania | N/A | 0.4 | 0.5 | 0.4 | 0.0% |
Netherlands | N/A | 0.3 | 0.1 | 0.2 | -18.4% |
Latvia | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
Ukraine | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.6 | 0.2 | 0.3 | 0.3 | -20.6% |
Total | 12.1 | 12.8 | 13.5 | 11.5 | -1.7% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Estonia in 2022:
- Albania (718.7 tons)
- Lithuania (38.9 tons)
- Latvia (20.4 tons)
- Netherlands (19.2 tons)
- Ukraine (18.1 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia
In 2022, overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -82% to 161 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses declined rapidly to $3.2M in 2022. Over the period under review, exports saw a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year.
Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 2.6 | 2.2 | 2.0 | 2.4 | -2.6% |
Sweden | 10.5 | 12.5 | 12.6 | 0.6 | -61.5% |
Latvia | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
Finland | 0.4 | 0.4 | 0.5 | 0.1 | -37.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 13.8 | 15.3 | 15.4 | 3.2 | -38.6% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Estonia in 2022:
- Norway (116.8 tons)
- Sweden (33.8 tons)
- Latvia (6.8 tons)
- Finland (2.7 tons)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Estonia.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Estonia.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.