Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Saudi Arabia - 2022
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Saudi Arabia (FOB) - 2022
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Saudi Arabia
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Saudi Arabia (FOB) - 2022
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $9,681 per ton in 2021, shrinking by -11.5% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 35%. Over the period under review, the average export prices reached the maximum at $22,716 per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Jordan ($11,439 per ton), while the average price for exports to the United Arab Emirates ($5,943 per ton) was amongst the lowest.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+1.0%), while the prices for the other major destinations experienced a decline.
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Saudi Arabia
For the fourth consecutive year, Saudi Arabia recorded growth in shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which increased by 18% to 45 tons in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 406%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $494K in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 362%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Jordan | N/A | N/A | 288 | 0% | |
United Arab Emirates | N/A | N/A | 71.5 | 0% | |
Libya | N/A | N/A | 9.4 | 0% | |
Lebanon | 66.0 | N/A | N/A | 0% | |
Others | N/A | 305 | 0.2 | -99.9% | |
Total | 66.0 | 305 | 369 | 136.5% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Saudi Arabia in 2022:
- Jordan (25.2 tons)
- United Arab Emirates (12.0 tons)
- Libya (0.9 tons)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Saudi Arabia.
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 Saudi Arabia.
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.