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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $8,508 per ton, falling by -5.1% against the previous year. Overall, import price indicated temperate growth from 2014 to 2022: its price increased at an average annual rate of +2.7% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -18.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 37%. As a result, import price attained the peak level of $10,398 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 Italy ($21,102 per ton), while the price for India ($6,217 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+32.3%), 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 Ukraine (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $4,993 per ton, falling by -4.4% against the previous year. In general, the export price saw a precipitous setback. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -2%. The export price peaked at $73,000 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Moldova ($6,241 per ton) and Lithuania ($5,250 per ton), while the average price for exports to Poland ($4,393 per ton) and Germany ($4,742 per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+4.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, when their volume decreased by -69.8% to 192 tons. Overall, imports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 634 tons, and then dropped markedly in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses fell rapidly to $1.6M in 2022. In general, imports showed a significant decline. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of $5.7M, and then declined dramatically in the following year.

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

1. India (61.8 tons)
2. China (50.1 tons)
3. Vietnam (48.1 tons)
4. Norway (10.9 tons)
5. Belarus (10.3 tons)
6. Lithuania (5.5 tons)
7. Italy (3.9 tons)

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

For the fourth year in a row, Ukraine recorded growth in overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which increased by 77% to 39 tons in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 296% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses skyrocketed to $194K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 279%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Lithuania (17.4 tons)
2. Estonia (13.9 tons)
3. Poland (5.1 tons)
4. Germany (1.4 tons)
5. Moldova (0.6 tons)

Source: IndexBox Market Intelligence Platform