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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $4,585 per ton, waning by -25.5% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. The import price peaked at $11,102 per ton in 2015; however, from 2016 to 2022, 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 Vietnam ($8,324 per ton), while the price for Spain stood at $4,261 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-3.1%).

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

In 2022, purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses was finally on the rise to reach 5.6 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses expanded to $26K in 2022. The total import value increased at an average annual rate of +9.2% 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 29% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain19.811.28.522.13.7%
VietnamN/A14.416.23.7-49.3%
OthersN/AN/AN/AN/A0%
Total19.825.624.725.99.4%

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

  1. Spain (5.2 tons)
  2. Vietnam (0.5 tons)

Source: IndexBox Market Intelligence Platform

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