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

Contents:

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

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $10,923 per ton in September 2023, waning by -5.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 25% m-o-m. Over the period under review, average import prices hit record highs at $13,386 per ton in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($17,059 per ton), while the price for Indonesia ($3,298 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 Ukraine (+10.2%), 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 Germany (FOB) - 2023

In September 2023, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $10,913 per ton, approximately equating the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 46% against the previous month. The export price peaked at $15,200 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In September 2023, the country with the highest price was the United States ($14,673 per ton), while the average price for exports to Switzerland amounted to $10,587 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.2%), 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 Germany

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Germany rose sharply to 19K tons in 2022, growing by 5.6% on the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 35%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses reached $208M in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands78.410112110811.3%
Vietnam31.828.028.740.07.9%
Denmark16.145.437.033.327.4%
Poland0.40.91.08.5177.0%
France3.29.310.26.828.6%
MoroccoN/AN/AN/A5.00%
Thailand7.20.81.32.0-34.8%
Others13.56.15.94.2-32.2%
Total15119220520811.3%

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

  1. Netherlands (8.3K tons)
  2. Denmark (5.4K tons)
  3. Vietnam (3.3K tons)
  4. France (0.7K tons)
  5. Poland (0.6K tons)
  6. Morocco (0.5K tons)
  7. Thailand (0.2K tons)

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

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -5.8% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 83%.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses fell to $43M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 50%.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1.99.89.78.464.1%
Italy1.76.79.17.866.2%
France6.48.28.07.55.4%
Switzerland4.35.04.43.7-4.9%
Austria3.12.82.73.21.1%
Netherlands2.11.16.12.33.1%
Czech Republic0.50.30.31.233.9%
United Kingdom2.65.20.3N/A-66.0%
Others7.66.38.28.43.4%
Total30.445.548.842.611.9%

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

  1. Denmark (1165.7 tons)
  2. Italy (817.5 tons)
  3. France (787.8 tons)
  4. Austria (282.9 tons)
  5. Switzerland (281.2 tons)
  6. Netherlands (171.9 tons)
  7. Czech Republic (77.6 tons)
  8. United Kingdom (2.7 tons)

Source: IndexBox Market Intelligence Platform

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