Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Jordan - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Jordan (CIF) - 2022
  2. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Jordan

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $12,764 per ton, increasing by 3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($15,247 per ton), while the price for Indonesia ($9,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth year in a row, Jordan recorded growth in purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which increased by 15% to 3.4 tons in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 +53.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $43K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam4.710.03.317.755.6%
Saudi Arabia15.110.917.413.9-2.7%
IndonesiaN/AN/AN/A4.20%
India0.10.20.51.7157.1%
United Arab Emirates5.17.47.91.6-32.1%
PakistanN/AN/AN/A1.50%
Germany0.30.50.91.258.7%
PolandN/AN/A4.9N/A0%
Others0.21.21.00.965.1%
Total25.430.236.042.819.0%

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

  1. Vietnam (1334.0 kg)
  2. Saudi Arabia (1047.0 kg)
  3. Indonesia (432.0 kg)
  4. India (150.0 kg)
  5. United Arab Emirates (121.0 kg)
  6. Pakistan (113.0 kg)
  7. Germany (77.0 kg)

Source: IndexBox Market Intelligence Platform

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