Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand - 2024
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand (CIF) - 2022
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand (FOB) - 2022
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand (CIF) - 2022
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $9,711 per ton in 2022, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 44% against the previous year. The import price peaked at $9,913 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($12,063 per ton), while the price for Malaysia ($2,739 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.7%), 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 New Zealand (FOB) - 2022
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $14,278 per ton in 2022, surging by 2.9% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2014 an increase of 109% against the previous year. As a result, the export price attained the peak level of $94,715 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niue ($47,119 per ton), while the average price for exports to Samoa ($8,085 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norfolk Island (+9.5%), 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 New Zealand
In 2022, supplies from abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -74.8% to 90 tons, falling for the second year in a row after two years of growth. In general, imports showed a sharp curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 46% against the previous year. As a result, imports attained the peak of 373 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 shrank significantly to $872K in 2022. Over the period under review, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 52%.
Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 939 | 359 | 1,030 | 343 | -28.5% |
Thailand | 30.4 | 35.8 | 37.1 | 222 | 94.0% |
China | 38.3 | 136 | 197 | 135 | 52.2% |
Hong Kong SAR | 23.3 | 76.5 | 38.6 | 76.4 | 48.6% |
Philippines | 71.6 | 32.5 | 82.3 | 25.3 | -29.3% |
India | 794 | 2,279 | 1,494 | 25.1 | -68.4% |
Malaysia | 16.7 | 14.2 | 27.2 | 10.5 | -14.3% |
Others | 35.8 | 19.2 | 60.6 | 35.0 | -0.8% |
Total | 1,948 | 2,952 | 2,967 | 872 | -23.5% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to New Zealand in 2022:
- Vietnam (28.5 tons)
- China (21.6 tons)
- Thailand (18.6 tons)
- Hong Kong SAR (7.1 tons)
- Philippines (5.0 tons)
- Malaysia (3.8 tons)
- India (2.4 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, when their volume decreased by -66.3% to 3.3 tons. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 401%.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses plummeted to $48K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 324%.
Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Niue | 3.4 | 11.5 | 11.4 | 21.3 | 84.3% |
Samoa | 1.1 | N/A | 0.6 | 10.0 | 108.7% |
Fiji | 3.6 | N/A | 0.6 | 6.3 | 20.5% |
Cook Islands | 0.2 | 0.2 | 5.7 | 5.3 | 198.1% |
Norfolk Island | 1.4 | N/A | 4.6 | 4.6 | 48.7% |
Tonga | 5.1 | N/A | 6.6 | 0.2 | -66.0% |
Vietnam | N/A | 96.8 | 106 | N/A | 9.5% |
Vanuatu | 12.3 | 6.4 | 2.6 | N/A | -54.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 27.1 | 115 | 138 | 47.8 | 20.8% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from New Zealand in 2022:
- Samoa (1232.0 kg)
- Fiji (640.0 kg)
- Norfolk Island (526.0 kg)
- Cook Islands (470.0 kg)
- Niue (453.0 kg)
- Tonga (25.0 kg)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in New Zealand.
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 New Zealand.
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.