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

Contents:

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

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $9,925 per ton in 2022, increasing by 4.7% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 48% against the previous year. The import price peaked at $10,560 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($9,926 per ton), while the price for India stood at $9,925 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.8%), 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 Israel (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $20,333 per ton, growing by 52% against the previous year. Overall, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2015 to 2022, the rate of growth in terms of prices for Luxembourg amounted to +52.2% per year.

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

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into Israel declined notably to 119 tons in 2022, waning by -65.8% on 2021 figures. In general, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. As a result, imports reached the peak of 349 tons, and then fell rapidly in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses shrank markedly to $1.2M in 2022. Overall, imports saw a significant contraction. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of $3.3M, and then fell dramatically in the following year.

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

1. India (109.8 tons)
2. Vietnam (9.7 tons)

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

In 2022, approx. 3 kg of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were exported from Israel; which is down by -78.6% against the year before. In general, exports saw a sharp shrinkage. The smallest decline of -53.3% was in 2021.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses shrank remarkably to $61 in 2022. Overall, exports recorded a sharp decline. The smallest decline of -42.8% was in 2021.

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

1. Luxembourg (3.0 kg)

Source: IndexBox Market Intelligence Platform