Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India - 2023
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India (FOB) - 2023
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India (CIF) - 2023
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India (FOB) - 2023
In July 2023, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $9,463 per ton, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 7.4% against the previous month. As a result, the export price reached the peak level of $10,114 per ton. From April 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($11,133 per ton), while the average price for exports to Russia ($6,747 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India (CIF) - 2023
In July 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $11,851 per ton, standing approximately at the previous month. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in March 2023 when the average import price increased by 107% m-o-m. Over the period under review, average import prices attained the maximum at $13,016 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Canada ($13,209 per ton), while the price for the United States totaled $10,177 per ton.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India
For the fourth year in a row, India recorded growth in overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which increased by 33% to 61K tons in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 46%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $630M in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 49%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 215 | 335 | 414 | 548 | 36.6% |
Canada | 19.4 | 20.1 | 30.5 | 46.3 | 33.6% |
Others | 22.9 | 27.7 | 23.9 | 35.4 | 15.6% |
Total | 257 | 383 | 468 | 630 | 34.8% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from India in 2022:
- United States (52.2K tons)
- Canada (4.5K tons)
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India
After three years of growth, overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -78.4% to 157 tons in 2022. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 656%. As a result, imports attained the peak of 727 tons, and then fell notably in the following year.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses reduced notably to $1.6M in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 970% against the previous year. As a result, imports attained the peak of $8.4M, and then contracted sharply in the following year.
Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.6 | N/A | 7.5 | 1.4 | 32.6% |
Belgium | 0.2 | 0.2 | N/A | N/A | 0.0% |
Denmark | N/A | 0.2 | N/A | N/A | 0% |
South Africa | 0.1 | N/A | N/A | N/A | 0% |
Israel | N/A | N/A | N/A | N/A | 0% |
Others | N/A | 0.3 | 0.8 | 0.2 | -18.4% |
Total | 0.9 | 0.8 | 8.4 | 1.6 | 21.1% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to India in 2022:
- United States (132.0 tons)
- Israel (10.0 tons)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in India.
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 India.
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.