Price for Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers in Austria - 2023

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Austria (CIF) - 2023
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Austria (FOB) - 2023
3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Austria
4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Austria

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Austria (CIF) - 2023

In October 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $10,918 per ton, waning by -14.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 16% m-o-m. The import price peaked at $14,967 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($20,640 per ton), while the price for Vietnam ($6,349 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Austria (FOB) - 2023

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $9,923 per ton in October 2023, reducing by -23.6% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 46% month-to-month. The export price peaked at $18,019 per ton in February 2023; however, from March 2023 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Slovenia ($13,672 per ton), while the average price for exports to Romania ($8,448 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into Austria amounted to 1.3K tons in 2022, approximately mirroring the previous year's figure. In general, imports, however, saw a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 20%.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses dropped to $17M in 2022. The total import value increased at an average annual rate of +2.3% 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 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $18M, and then fell in the following year.

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

1. Germany (639.8 tons)
2. Spain (150.6 tons)
3. Denmark (150.2 tons)
4. Belgium (102.1 tons)
5. Netherlands (99.5 tons)
6. Vietnam (86.6 tons)
7. France (76.6 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Austria

In 2022, approx. 156 tons of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were exported from Austria; picking up by 7.5% against 2021 figures. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses expanded sharply to $1.7M in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Austria in 2022:

1. Czech Republic (43.2 tons)
2. Hungary (28.9 tons)
3. Germany (28.0 tons)
4. Romania (16.4 tons)
5. Slovakia (15.2 tons)
6. Italy (10.8 tons)
7. Slovenia (5.6 tons)
8. Poland (1.5 tons)

Source: IndexBox Market Intelligence Platform