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

Contents:

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

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

In November 2023, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $17,297 per ton, falling by -2% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 10% month-to-month. Over the period under review, the average export prices hit record highs at $19,383 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($18,555 per ton), while the average price for exports to Ukraine ($7,264 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+0.1%), while the prices for the other major destinations experienced a decline.

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

In November 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $5,754 per ton, jumping by 20% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 92% m-o-m. As a result, import price attained the peak level of $11,272 per ton. From September 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($12,513 per ton), while the price for Denmark ($4,429 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses exported from Estonia soared to 791 tons, with an increase of 3,609% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses skyrocketed to $13M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A12.30%
FinlandN/AN/AN/A0.80%
Latvia0.30.20.20.410.1%
OthersN/AN/AN/AN/A0%
Total0.30.20.213.5255.7%

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

  1. Sweden (700.1 tons)
  2. Finland (50.6 tons)
  3. Latvia (35.6 tons)

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

In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into Estonia skyrocketed to 997 tons, picking up by 483% against the previous year's figure. Over the period under review, imports recorded a significant increase. 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, not in airtight containerses surged to $5.9M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark99.33295873,736235.1%
Norway1.3N/AN/A687708.5%
Finland16.8386327522214.4%
SwedenN/AN/AN/A3080%
LithuaniaN/A78.023722268.7%
Netherlands30.075.722418884.4%
Latvia59.821120016640.5%
Vietnam191N/AN/A78.1-25.8%
Canada263N/AN/AN/A0%
Others1086.422.534.0-32.0%
Total7691,0861,5975,94097.7%

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

  1. Denmark (768.8 tons)
  2. Norway (72.4 tons)
  3. Finland (64.2 tons)
  4. Lithuania (24.7 tons)
  5. Netherlands (19.3 tons)
  6. Sweden (18.9 tons)
  7. Latvia (15.9 tons)
  8. Vietnam (9.6 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers - Estonia