Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy - 2023
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy (CIF) - 2023
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy (FOB) - 2022
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy (CIF) - 2023
In November 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $10,555 per ton, rising by 5.1% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 11% m-o-m. The import price peaked at $11,147 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Albania ($17,024 per ton), while the price for Vietnam ($6,912 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 Albania (+2.7%), 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 Italy (FOB) - 2022
In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $13,763 per ton, increasing by 2.4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 53%. The export price peaked at $42,170 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($34,939 per ton), while the average price for exports to Romania ($4,680 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.7%), while the prices for the other major destinations experienced a decline.
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy
In 2022, approx. 3.4K tons of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were imported into Italy; dropping by -19.4% on the previous year. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of 4.2K tons, and then shrank rapidly in the following year.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses shrank rapidly to $34M in 2022. Over the period under review, imports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of $40M, and then reduced notably in the following year.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 15.4 | 12.6 | 16.6 | 16.0 | 1.3% |
| Denmark | 7.0 | 5.0 | 6.6 | 6.5 | -2.4% |
| Vietnam | 1.3 | 1.7 | 1.7 | 3.2 | 35.0% |
| Belgium | 3.8 | 2.6 | 2.5 | 2.2 | -16.7% |
| Spain | 2.8 | 2.2 | 3.1 | 2.0 | -10.6% |
| Ecuador | 2.3 | 2.2 | 4.0 | 1.2 | -19.5% |
| Indonesia | 1.5 | 1.2 | 1.7 | 0.9 | -15.7% |
| Others | 3.9 | 4.3 | 3.3 | 1.8 | -22.7% |
| Total | 38.1 | 31.9 | 39.6 | 33.6 | -4.1% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Italy in 2022:
- Netherlands (1586.8 tons)
- Denmark (603.1 tons)
- Vietnam (368.5 tons)
- Belgium (310.0 tons)
- Spain (191.6 tons)
- Ecuador (108.1 tons)
- Indonesia (93.2 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy
In 2022, approx. 89 tons of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were exported from Italy; increasing by 16% against the year before. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 177%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses surged to $1.2M in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 57%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.3 | 0.5 | 45.0 | 422 | 1020.5% |
| Spain | 178 | 361 | 294 | 373 | 28.0% |
| Slovenia | 162 | 122 | 127 | 108 | -12.6% |
| Germany | 12.7 | 13.4 | 164 | 80.1 | 84.8% |
| Austria | 98.5 | 56.4 | 64.5 | 66.3 | -12.4% |
| Croatia | 12.9 | 23.9 | 33.2 | 55.9 | 63.0% |
| France | 24.1 | 39.5 | 95.3 | 39.7 | 18.1% |
| Romania | 0.1 | 0.9 | 33.4 | 25.3 | 532.5% |
| Others | 92.7 | 38.5 | 172 | 54.5 | -16.2% |
| Total | 581 | 656 | 1,030 | 1,225 | 28.2% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Italy in 2022:
- Slovenia (18.5 tons)
- United Kingdom (18.2 tons)
- Spain (10.7 tons)
- Germany (10.3 tons)
- Croatia (9.0 tons)
- Austria (6.5 tons)
- Romania (5.4 tons)
- France (4.5 tons)
295
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Italy.
554
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
295
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Italy.
554
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
90
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
90
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
