Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico - 2023
Contents:
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico (FOB) - 2022
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico (CIF) - 2023
- Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico
- Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico (FOB) - 2022
The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $38,500 per ton in 2022, increasing by 5.5% against the previous year. Overall, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +14.5% per year.
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico (CIF) - 2023
The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $41,878 per ton in October 2023, almost unchanged from the previous month. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in July 2023 an increase of 154% against the previous month. As a result, import price reached the peak level of $63,747 per ton. From August 2023 to October 2023, the average 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 Spain ($9,451 per ton), while the price for Chile totaled $2,349 per ton.
From February 2023 to October 2023, the most notable rate of growth in terms of prices was attained by Honduras (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico
In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds exported from Mexico shrank sharply to 938 tons, waning by -26.8% on 2021 figures. In general, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1.5%.
In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds declined rapidly to $36M in 2022. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 19%.
| Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.5 | 36.3 | 45.7 | 36.0 | -4.6% |
| Hong Kong SAR | 9.6 | N/A | 1.1 | N/A | -66.1% |
| Singapore | 2.2 | 2.9 | N/A | N/A | 31.8% |
| Others | 0.1 | 0.3 | N/A | 0.1 | 0.0% |
| Total | 53.4 | 39.5 | 46.8 | 36.1 | -12.2% |
Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Mexico in 2022:
- United States (930.2 tons)
Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico
In 2022, approx. 598 tons of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds were imported into Mexico; declining by -51.5% compared with 2021 figures. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 10%.
In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds reduced rapidly to $27M in 2022. In general, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. As a result, imports reached the peak of $75M, and then contracted markedly in the following year.
| Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.2 | 26.3 | 36.3 | 18.4 | -24.8% |
| United States | 6.0 | 4.5 | 31.5 | 5.3 | -4.1% |
| Honduras | 2.9 | N/A | 2.6 | 1.3 | -23.5% |
| Spain | 1.3 | 1.9 | 1.8 | 1.2 | -2.6% |
| Chile | 2.0 | 1.5 | 1.0 | 0.3 | -46.9% |
| New Zealand | N/A | N/A | N/A | 0.3 | 0% |
| Thailand | 4.1 | 5.2 | 0.5 | N/A | -65.1% |
| Others | 1.8 | 1.1 | 1.1 | N/A | -21.8% |
| Total | 61.2 | 40.5 | 74.9 | 26.8 | -24.1% |
Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Mexico in 2022:
- China (287.6 tons)
- Honduras (145.2 tons)
- United States (53.7 tons)
- Chile (49.8 tons)
- New Zealand (48.9 tons)
- Spain (12.3 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Mexico.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Mexico.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
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Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
