Shrimp Price in France - 2023
Contents:
- Shrimp Price in France (CIF) - 2023
- Shrimp Price in France (FOB) - 2023
- Shrimp Imports in France
- Shrimp Exports in France
Shrimp Price in France (CIF) - 2023
The average shrimp import price stood at $7,728 per ton in May 2023, falling by -2.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 14% month-to-month. Over the period under review, average import prices attained the peak figure at $9,110 per ton in June 2022; however, from July 2022 to May 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Madagascar ($16,976 per ton), while the price for Venezuela ($4,492 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Shrimp Price in France (FOB) - 2023
In May 2023, the average shrimp export price amounted to $10,804 per ton, declining by -8.2% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 6.6% month-to-month. Over the period under review, the average export prices attained the peak figure at $11,823 per ton in January 2023; however, from February 2023 to May 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was Austria ($15,045 per ton), while the average price for exports to Gabon ($3,805 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Shrimp Imports in France
In 2022, supplies from abroad of shrimps decreased by -11.2% to 113K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of 127K tons, and then dropped in the following year.
In value terms, shrimp imports dropped slightly to $1B in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of $1.1B, and then fell in the following year.
| Import of Shrimp in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 228 | 211 | 283 | 272 | 6.1% |
| Netherlands | 55.5 | 89.2 | 133 | 127 | 31.8% |
| India | 77.7 | 72.4 | 98.1 | 94.2 | 6.6% |
| Belgium | 21.2 | 83.8 | 94.5 | 90.7 | 62.3% |
| Madagascar | 65.9 | 84.8 | 83.4 | 80.1 | 6.7% |
| Spain | 40.8 | 62.7 | 61.8 | 59.3 | 13.3% |
| Vietnam | 74.7 | 53.6 | 56.3 | 58.0 | -8.1% |
| Venezuela | 54.9 | 52.1 | 50.8 | 49.6 | -3.3% |
| Germany | 12.0 | 22.5 | 24.8 | 23.8 | 25.6% |
| Nicaragua | 25.5 | 19.6 | 22.0 | 21.1 | -6.1% |
| Bangladesh | 29.1 | 18.0 | 17.9 | 20.4 | -11.2% |
| Argentina | 21.7 | 7.3 | 15.4 | 14.8 | -12.0% |
| Colombia | 10.3 | 11.3 | 7.5 | 9.2 | -3.7% |
| Others | 140 | 87.9 | 106 | 114 | -6.6% |
| Total | 858 | 876 | 1,054 | 1,034 | 6.4% |
Top Suppliers of Shrimp to France in 2022:
- Ecuador (38.1K tons)
- Netherlands (10.2K tons)
- India (10.0K tons)
- Venezuela (10.0K tons)
- Belgium (8.4K tons)
- Spain (5.8K tons)
- Vietnam (5.3K tons)
- Madagascar (4.7K tons)
- Nicaragua (3.8K tons)
- Germany (2.1K tons)
- Bangladesh (2.0K tons)
- Colombia (1.6K tons)
- Argentina (1.6K tons)
Shrimp Exports in France
In 2022, overseas shipments of shrimps decreased by -32.6% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 9.6%. As a result, the exports attained the peak of 17K tons, and then fell rapidly in the following year.
In value terms, shrimp exports dropped rapidly to $131M in 2022. In general, exports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 11%. As a result, the exports reached the peak of $176M, and then declined remarkably in the following year.
| Export of Shrimp in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 40.2 | 48.3 | 58.6 | 42.7 | 2.0% |
| Belgium | 22.4 | 25.5 | 25.6 | 18.7 | -5.8% |
| Spain | 12.7 | 10.9 | 13.4 | 9.7 | -8.6% |
| Italy | 8.4 | 8.1 | 12.4 | 9.0 | 2.3% |
| United Kingdom | 12.8 | 13.8 | 9.1 | 8.6 | -12.4% |
| Austria | 7.0 | 9.3 | 9.3 | 6.8 | -1.0% |
| Netherlands | 6.3 | 6.7 | 8.5 | 6.2 | -0.5% |
| Portugal | 9.3 | 7.5 | 7.1 | 5.7 | -15.1% |
| Switzerland | 3.2 | 4.3 | 5.4 | 3.9 | 6.8% |
| Romania | 3.9 | 3.7 | 4.6 | 3.3 | -5.4% |
| Hungary | 5.3 | 3.8 | 3.3 | 3.0 | -17.3% |
| Luxembourg | 3.4 | 3.5 | 3.9 | 2.8 | -6.3% |
| Others | 12.4 | 12.9 | 14.4 | 10.9 | -4.2% |
| Total | 147 | 158 | 176 | 131 | -3.8% |
Top Export Markets for Shrimp from France in 2022:
- Germany (3956.5 tons)
- Belgium (1644.8 tons)
- Spain (782.4 tons)
- Italy (682.8 tons)
- Netherlands (577.1 tons)
- United Kingdom (533.8 tons)
- Hungary (517.7 tons)
- Portugal (437.6 tons)
- Romania (417.0 tons)
- Austria (355.1 tons)
- Switzerland (205.1 tons)
- Luxembourg (170.9 tons)
531
This report provides an in-depth analysis of the market for crab and crab meat in France.
668
This report provides an in-depth analysis of the frozen crustaceans market in France.
305
This report provides an in-depth analysis of the crabs, not frozen market in France.
253
This report provides an in-depth analysis of the frozen norway lobster market in France.
316
This report provides an in-depth analysis of the market for frozen crab and crab meat in France.
435
This report provides an in-depth analysis of the frozen lobster market in France.
1854
This report provides an in-depth analysis of the global market for crab and crab meat.
1456
This report provides an in-depth analysis of the global frozen crustaceans market.
338
This report provides an in-depth analysis of the global crabs, not frozen market.
394
This report provides an in-depth analysis of the global frozen norway lobster market.
392
The price of Frozen Crustaceans in May 2023 was $7,952 per ton (CIF, France), decreasing by -2.6% compared to the previous month.
545
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.
915
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.
411
Explore the top import markets for frozen crustaceans, including the United States, China, and Japan. Find key statistics and insights on the global market for these delectable seafood delicacies.
2515
This year, the average annual shrimp price is forecast to soar by 7% y-o-y to $15 per kg. High freight rates, the rising cost of marine fuels and boosting global demand for crustaceans remain the key reasons for the price increases. In 2021, the average annual shrimp price ($12.7 per kg) was approximately 10% higher than those of 2020.
495
Explore the top import markets for Frozen Crab and Crab Meat, including the United States, Japan, China, and more. Discover key statistics and trends in the global crab meat industry.
130
Explore the top import markets for frozen lobster around the world and discover key statistics and trends in the global seafood industry.
392
The price of Frozen Crustaceans in May 2023 was $7,952 per ton (CIF, France), decreasing by -2.6% compared to the previous month.
1734
In value terms, molluscs imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuati...
1965
In value terms, molluscs exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuatio...
