Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia - 2022
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia (CIF) - 2022
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia (FOB) - 2022
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia (CIF) - 2022
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $12,193 per ton in 2022, waning by -15.7% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 19% against the previous year. The import price peaked at $14,458 per ton in 2021, and then dropped markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($16,227 per ton), while the price for India ($7,833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia (FOB) - 2022
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $10,122 per ton in 2022, with an increase of 25% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2021 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($13,109 per ton), while the average price for exports to Moldova ($6,522 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 Azerbaijan (+29.3%), 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 Russia
In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Russia rose significantly to 2.4K tons, surging by 9.9% compared with the previous year. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses declined to $30M in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 95%.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 7.8 | 17.5 | 12.8 | 42.8% |
| Vietnam | 1.0 | 7.8 | 10.1 | 11.7 | 127.0% |
| India | 0.9 | 0.7 | 0.8 | 5.0 | 77.1% |
| Belarus | 2.9 | 2.0 | 3.1 | N/A | 3.4% |
| Others | 0.5 | 0.4 | 0.4 | 0.1 | -41.5% |
| Total | 9.6 | 18.7 | 32.0 | 29.6 | 45.5% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Russia in 2022:
- Vietnam (988.7 tons)
- China (791.3 tons)
- India (640.8 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia
In 2022, overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -17.6% to 283 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 40%. As a result, the exports attained the peak of 371 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses totaled $2.9M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 752 | 854 | 1,020 | 1,621 | 29.2% |
| Armenia | 20.1 | 30.9 | 202 | 460 | 183.9% |
| Azerbaijan | 201 | 247 | 314 | 414 | 27.2% |
| Moldova | 161 | 108 | 128 | 142 | -4.1% |
| Georgia | 62.0 | 36.9 | 56.9 | 109 | 20.7% |
| Uzbekistan | 67.7 | 75.4 | 157 | 106 | 16.1% |
| Belarus | 604 | 898 | 834 | N/A | 17.5% |
| Others | 13.7 | 82.5 | 57.8 | 8.7 | -14.0% |
| Total | 1,881 | 2,332 | 2,771 | 2,862 | 15.0% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Russia in 2022:
- Kazakhstan (146.0 tons)
- Azerbaijan (46.1 tons)
- Armenia (35.1 tons)
- Moldova (21.8 tons)
- Uzbekistan (15.7 tons)
- Georgia (15.1 tons)
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