Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Pakistan - 2022

Contents:

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

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $4,953 per ton in 2022, remaining constant against the previous year. Overall, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2013 an increase of 4.2%. Over the period under review, average import prices hit record highs at $11,541 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +10.8% per year.

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $3,074 per ton, shrinking by -6.9% against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 18%. As a result, the export price attained the peak level of $5,731 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($9,319 per ton), while the average price for exports to China ($2,889 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 United Arab Emirates (+32.3%), 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 Pakistan

In 2022, approx. 12 tons of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were imported into Pakistan; standing approx. at 2021. Over the period under review, imports recorded a sharp slump. The smallest decline of 99.9% was in 2021.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses totaled $60K in 2022. In general, imports showed a sharp decrease. The smallest decline of 99.9% was in 2021.

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

1. United Arab Emirates (12.1 tons)

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

In 2022, overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -89.1% to 4 tons, falling for the second year in a row after two years of growth. In general, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. As a result, the exports reached the peak of 57 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses dropped markedly to $12K in 2022. Over the period under review, exports faced a dramatic contraction. The smallest decline of -5.6% was in 2020.

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

1. China (3.4 tons)
2. Singapore (0.5 tons)
3. Norway (0.1 tons)

Source: IndexBox Market Intelligence Platform