Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile - 2024
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile (CIF) - 2024
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile (FOB) - 2024
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile (CIF) - 2024
In January 2024, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $4,537 per ton, waning by -31.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 when the average import price increased by 57% month-to-month. The import price peaked at $7,579 per ton in April 2023; however, from May 2023 to January 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Ecuador ($5,049 per ton), while the price for China amounted to $4,455 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+2.9%).
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile (FOB) - 2024
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $27,963 per ton in January 2024, with an increase of 11% against the previous month. Over the period from October 2023 to January 2024, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in December 2023 an increase of 19% against the previous month. The export price peaked in January 2024.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to +2.8% per month.
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile
In 2022, approx. 2K tons of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were imported into Chile; falling by -42% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 106% against the previous year. As a result, imports attained the peak of 3.5K tons, and then fell significantly in the following year.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses contracted notably to $14M in 2022. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 102%. As a result, imports reached the peak of $21M, and then dropped significantly in the following year.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.9 | 8.8 | 17.4 | 12.2 | 7.2% |
| Ecuador | 1.4 | 1.2 | 3.1 | 1.9 | 10.7% |
| Vietnam | 0.3 | N/A | 0.2 | N/A | -18.4% |
| Others | 0.5 | 0.3 | 0.1 | 0.1 | -41.5% |
| Total | 12.1 | 10.3 | 20.8 | 14.2 | 5.5% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Chile in 2022:
- China (1760.5 tons)
- Ecuador (264.9 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile
In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -53.2% to 331 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 5.8% against the previous year. As a result, the exports reached the peak of 715 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses shrank rapidly to $9.2M in 2022. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 5.1% against the previous year. As a result, the exports attained the peak of $18M, and then fell rapidly in the following year.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.9 | 15.8 | 17.2 | 9.1 | -17.0% |
| Denmark | N/A | 0.6 | 0.1 | N/A | -83.3% |
| Others | 0.4 | 0.3 | 0.3 | 0.1 | -37.0% |
| Total | 16.3 | 16.8 | 17.6 | 9.2 | -17.4% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Chile in 2022:
- United States (326.0 tons)
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