Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia - 2024

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia (CIF) - 2022
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia (FOB) - 2022
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $7,591 per ton in 2022, reducing by -12.9% against the previous year. In general, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 45%. The import price peaked at $11,508 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($12,811 per ton), while the price for Portugal ($3,648 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.3%), 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 Serbia (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $15,683 per ton, stabilizing at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price decreased by -5.5% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Montenegro.

From 2018 to 2022, the rate of growth in terms of prices for Montenegro amounted to +54.8% per year.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Serbia expanded significantly to 79 tons in 2022, picking up by 11% compared with 2021 figures. The total import volume increased at an average annual rate of +15.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses declined to $603K in 2022. The total import value increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 30%.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain20624032428010.8%
India47.336.498.196.526.8%
Indonesia29.024.361.360.527.8%
PortugalN/AN/A8.540.4375.3%
Netherlands72.213528.740.1-17.8%
Ecuador17.847.929.626.113.6%
Bangladesh31.035.921.224.3-7.8%
Others26.339.649.134.99.9%
Total43055962160311.9%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Serbia in 2022:

  1. Spain (41.0 tons)
  2. Portugal (11.1 tons)
  3. India (7.5 tons)
  4. Indonesia (6.3 tons)
  5. Netherlands (4.3 tons)
  6. Ecuador (4.0 tons)
  7. Bangladesh (2.5 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia

In 2022, overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by 0% to 142 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a sharp descent. The smallest decline of 99.9% was in 2020.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $2.2K in 2022. Overall, exports showed a dramatic descent. The smallest decline of 99.9% was in 2020.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro0.3N/AN/A2.294.3%
Sweden1,380N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,381N/AN/A2.2-88.3%

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Serbia in 2022:

  1. Montenegro (142.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containers - Serbia