Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Ethiopia - 2022

Contents:

  1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Ethiopia (CIF) - 2022
  2. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Ethiopia

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

In 2022, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $5,862 per ton, remaining stable against the previous year. Overall, the import price, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 120% against the previous year. As a result, import price attained the peak level of $12,089 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($5,980 per ton), while the price for China totaled $3,996 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 17 tons of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds were imported into Ethiopia; growing by 348% against the previous year. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds surged to $99K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates19.229.620.894.069.8%
China0.20.41.34.0171.4%
Others0.20.90.31.386.6%
Total19.630.922.499.371.8%

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

  1. United Arab Emirates (15.7 tons)
  2. China (1.0 tons)

Source: IndexBox Market Intelligence Platform

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