Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil - 2024

Contents:

  1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil (CIF) - 2022
  2. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil (FOB) - 2022
  3. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil
  4. Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil (CIF) - 2022

In 2022, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $3,389 per ton, surging by 1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the maximum at $3,421 per ton in 2015; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($7,003 per ton), while the price for Chile ($2,954 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil (FOB) - 2022

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $8,802 per ton in 2022, growing by 29% against the previous year. Overall, the export price, however, showed a deep downturn. Over the period under review, the average export prices attained the maximum at $23,317 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahamas ($11,248 per ton), while the average price for exports to Hong Kong SAR ($6,144 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 Malta (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil

In 2022, approx. 243 tons of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds were imported into Brazil; with a decrease of -37.7% against 2021 figures. In general, imports saw a sharp contraction. The smallest decline of -7.1% was in 2020.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds contracted sharply to $825K in 2022. Over the period under review, imports saw a deep slump. The smallest decline of -5.1% was in 2020.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile1,3131,2771,001629-21.8%
Peru111128128107-1.2%
Spain47.754.617268.012.5%
Others70.84.4N/A21.1-33.2%
Total1,5431,4641,302825-18.8%

Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Brazil in 2022:

  1. Chile (212.8 tons)
  2. Peru (17.9 tons)
  3. Spain (9.7 tons)

Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil

In 2022, shipments abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds decreased by -31.3% to 7 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds dropped to $62K in 2022. Over the period under review, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 3.6% against the previous year. As a result, the exports reached the peak of $69K, and then declined in the following year.

Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall Islands11.814.414.215.39.0%
Panama8.313.610.812.314.0%
Liberia5.95.86.06.84.8%
Malta2.42.04.44.826.0%
Bahamas3.12.41.23.21.1%
Singapore7.16.47.03.1-24.1%
Hong Kong SAR5.96.25.52.7-22.9%
Norway1.93.45.11.7-3.6%
Greece3.62.13.21.6-23.7%
Cyprus0.91.82.11.415.9%
South Korea0.90.20.30.90.0%
Japan1.60.70.20.8-20.6%
Portugal0.40.60.30.720.5%
Others14.67.49.16.5-23.6%
Total68.367.069.461.7-3.3%

Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Brazil in 2022:

  1. Marshall Islands (1631.0 kg)
  2. Panama (1445.0 kg)
  3. Liberia (728.0 kg)
  4. Malta (482.0 kg)
  5. Hong Kong SAR (432.0 kg)
  6. Singapore (335.0 kg)
  7. Bahamas (286.0 kg)
  8. Greece (200.0 kg)
  9. Norway (193.0 kg)
  10. Cyprus (144.0 kg)
  11. South Korea (117.0 kg)
  12. Portugal (109.0 kg)
  13. Japan (108.0 kg)

Source: IndexBox Market Intelligence Platform

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