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

Contents:

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

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $10,011 per ton in August 2023, declining by -13.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 30% month-to-month. As a result, import price reached the peak level of $13,934 per ton. From July 2023 to August 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($15,550 per ton), while the price for Vietnam ($6,878 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+4.3%), 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 Finland (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $14,797 per ton, growing by 114% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 352%. As a result, the export price attained the peak level of $89,114 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($14,869 per ton), while the average price for exports to Switzerland amounted to $10,250 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.6%), 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 Finland

In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Finland amounted to 461 tons, surging by 4.4% on 2021 figures. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses reached $5.1M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

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

1. Denmark (134.1 tons)
2. Netherlands (101.3 tons)
3. Sweden (81.8 tons)
4. Germany (68.6 tons)
5. Vietnam (53.6 tons)
6. Belgium (10.8 tons)
7. Indonesia (9.2 tons)

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

In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses exported from Finland reduced remarkably to 256 kg, with a decrease of -87.1% against 2021 figures. Over the period under review, exports recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 680% against the previous year. As a result, the exports attained the peak of 2 tons, and then shrank significantly in the following year.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses contracted remarkably to $3.8K in 2022. In general, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 204% against the previous year.

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

1. Estonia (252.0 kg)
2. Switzerland (4.0 kg)

Source: IndexBox Market Intelligence Platform