Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Algeria - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Algeria (CIF) - 2022
  2. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Algeria

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Algeria (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $12,050 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price showed a abrupt contraction. The growth pace was the most rapid in 2016 when the average import price increased by 16% against the previous year. The import price peaked at $20,261 per ton in 2012; however, from 2013 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 China ($12,076 per ton), while the price for South Korea amounted to $908 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%).

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Algeria

In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into Algeria skyrocketed to 55 tons, growing by 20% on the previous year's figure. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 401% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses skyrocketed to $661K in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 442%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China55.8300551661128.0%
Others0.23.90.10.1-20.6%
Total56.0304551661127.7%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Algeria in 2022:

  1. China (54.8 tons)

Source: IndexBox Market Intelligence Platform

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