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)
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