Shrimp Price in Bolivia - 2023
Contents:
Shrimp Price in Bolivia (CIF) - 2022
In 2022, the average shrimp import price amounted to $7,727 per ton, surging by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($9,651 per ton), while the price for Ecuador ($6,276 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Shrimp Imports in Bolivia
In 2022, approx. 30 tons of shrimps were imported into Bolivia; waning by -19.3% against 2021 figures. In general, imports showed a significant decline. The smallest decline of -3.4% was in 2020.
In value terms, shrimp imports declined to $229K in 2022. Over the period under review, imports continue to indicate a deep setback. The smallest decline of -6.2% was in 2020.
Import of Shrimp in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 207 | 80.9 | 100 | 105 | -20.2% |
Argentina | 92.8 | 204 | 129 | 104 | 3.9% |
Chile | 14.4 | 11.7 | 12.0 | 9.6 | -12.6% |
Peru | 13.7 | 7.3 | N/A | 6.5 | -22.0% |
Others | 0.8 | 4.7 | 11.7 | 4.4 | 76.5% |
Total | 329 | 308 | 253 | 229 | -11.4% |
Top Suppliers of Shrimp to Bolivia in 2022:
- Ecuador (16.7 tons)
- Argentina (10.8 tons)
- Chile (1.0 tons)
- Peru (0.7 tons)
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Explore the world's best import markets for crab and crab meat, including the United States, China, South Korea, and more. Discover key statistics and market insights.
In 2020, the production and export of frozen crab and crab meat declined worldwide; the fall in sales incurred by the closure of the HoReCa segment, however, was offset by the surge in demand from retail consumers. Global imports fell against previous year figures, but demand from the USA, a major importer, remained robust.