Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Kenya - 2022
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Kenya (CIF) - 2022
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Kenya
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Kenya (CIF) - 2022
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $11,608 per ton in 2022, with an increase of 7.7% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2018 an increase of 16%. The import price peaked at $19,057 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Vietnam.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to -4.8% per year.
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Kenya
Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Kenya soared to 24 tons in 2022, picking up by 58% compared with the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 70%. As a result, imports attained the peak of 24 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $278K in 2022. In general, imports posted a significant increase. As a result, imports reached 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 Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 150 | 244 | 148 | 278 | 22.8% |
| Others | 1.2 | 0.3 | 14.8 | 0.5 | -25.3% |
| Total | 152 | 244 | 163 | 278 | 22.3% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Kenya in 2022:
- Vietnam (23.9 tons)
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