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

Contents:

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

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $11,421 per ton in October 2023, surging by 26% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 34% m-o-m. The import price peaked at $16,348 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($23,154 per ton), while the price for Lithuania ($8,257 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), 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 Poland (FOB) - 2023

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $9,601 per ton in October 2023, rising by 1.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in November 2022 an increase of 39% month-to-month. As a result, the export price attained the peak level of $10,966 per ton. From December 2022 to October 2023, the the average export prices remained at a somewhat lower figure.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +1.6% per month.

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

In 2022, overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were finally on the rise to reach 1.2K tons after two years of decline. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. 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 soared to $14M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2020 indices. 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 Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam5.93.53.95.2-4.1%
Germany0.31.61.23.8133.1%
Netherlands0.51.81.32.877.6%
SwedenN/AN/A0.10.8700.0%
BelgiumN/A0.60.90.4-18.4%
Spain0.1N/A1.00.458.7%
Denmark0.7N/AN/A0.1-47.7%
India0.2N/AN/A0.1-20.6%
Others1.01.00.30.1-53.6%
Total8.68.48.713.817.1%

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

  1. Vietnam (482.5 tons)
  2. Germany (284.8 tons)
  3. Netherlands (226.8 tons)
  4. Sweden (90.6 tons)
  5. Spain (40.0 tons)
  6. Belgium (36.0 tons)
  7. India (20.0 tons)
  8. Denmark (8.3 tons)

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

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses was finally on the rise to reach 950 tons after two years of decline. Overall, exports showed 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 surged to $8.2M in 2022. In general, exports saw buoyant growth. 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 Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.33.72.47.922.5%
Norway0.70.60.50.1-47.7%
Sweden0.30.2N/AN/A-33.3%
Others0.30.10.10.2-12.6%
Total5.54.63.08.214.2%

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

  1. Germany (918.6 tons)
  2. Norway (6.7 tons)

Source: IndexBox Market Intelligence Platform

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