Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the Czech Republic - 2023

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the Czech Republic (CIF) - 2023
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the Czech Republic (FOB) - 2022
3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the Czech Republic
4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the Czech Republic

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the Czech Republic (CIF) - 2023

In September 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $14,066 per ton, rising by 6.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 15% m-o-m. As a result, import price attained the peak level of $14,776 per ton. From August 2023 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($19,049 per ton), while the price for Denmark ($10,402 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.2%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $10,932 per ton, shrinking by -7.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 45% against the previous year. The export price peaked at $12,662 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($13,539 per ton), while the average price for exports to Hungary ($7,753 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 Germany (+4.9%), 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 the Czech Republic

In 2022, approx. 455 tons of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses were imported into the Czech Republic; growing by 18% against the previous year. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 89%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses skyrocketed to $5.6M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 94%. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Spain (156.9 tons)
2. Germany (94.5 tons)
3. Netherlands (58.4 tons)
4. Vietnam (52.8 tons)
5. France (38.8 tons)
6. Belgium (36.2 tons)
7. Slovakia (9.9 tons)
8. Poland (1.3 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the Czech Republic

In 2022, approx. 56 tons of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses were exported from the Czech Republic; declining by -7.7% compared with 2021. In general, exports faced a drastic downturn. The smallest decline of -3.1% was in 2021.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses shrank to $611K in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 2%.

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

1. Slovakia (24.9 tons)
2. Germany (11.9 tons)
3. Romania (10.9 tons)
4. Bulgaria (3.3 tons)
5. Poland (1.7 tons)
6. Croatia (1.5 tons)
7. Hungary (1.4 tons)

Source: IndexBox Market Intelligence Platform