Shrimp Price in Poland - 2023
Contents:
- Shrimp Price in Poland (CIF) - 2023
- Shrimp Price in Poland (FOB) - 2023
- Shrimp Imports in Poland
- Shrimp Exports in Poland
Shrimp Price in Poland (CIF) - 2023
In May 2023, the average shrimp import price amounted to $8,718 per ton, picking up by 7.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 21% m-o-m. Over the period under review, average import prices attained the peak figure at $9,711 per ton in November 2022; however, from December 2022 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Belgium ($12,198 per ton), while the price for Denmark ($4,036 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 Germany (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Shrimp Price in Poland (FOB) - 2023
The average shrimp export price stood at $10,832 per ton in May 2023, picking up by 12% against the previous month. Overall, export price indicated a moderate increase from May 2022 to May 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, shrimp export price decreased by -12.5% against March 2023 indices. The growth pace was the most rapid in November 2022 an increase of 74% month-to-month. The export price peaked at $12,379 per ton in March 2023; however, from April 2023 to May 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In May 2023, the country with the highest price was Denmark ($18,573 per ton), while the average price for exports to Japan ($1,555 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 (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Shrimp Imports in Poland
In 2022, after three years of growth, there was significant decline in purchases abroad of shrimps, when their volume decreased by -16.4% to 8.6K tons. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports reached the peak of 10K tons, and then reduced notably in the following year.
In value terms, shrimp imports reached $81M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Shrimp in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 17.3 | 16.9 | 22.1 | 23.1 | 10.1% |
| Netherlands | 2.1 | 8.2 | 11.0 | 12.8 | 82.7% |
| Germany | 4.2 | 6.8 | 8.2 | 11.3 | 39.1% |
| Belgium | 0.4 | 4.5 | 6.0 | 6.9 | 158.4% |
| Denmark | 1.9 | 7.4 | 10.7 | 6.5 | 50.7% |
| India | 13.7 | 8.2 | 8.5 | 5.9 | -24.5% |
| Guyana | N/A | N/A | N/A | 5.8 | 0% |
| Greenland | 4.4 | N/A | N/A | N/A | 0% |
| Others | 11.5 | 9.2 | 9.9 | 9.0 | -7.8% |
| Total | 55.5 | 61.1 | 76.3 | 81.2 | 13.5% |
Top Suppliers of Shrimp to Poland in 2022:
- Vietnam (2.1K tons)
- Denmark (1.4K tons)
- Netherlands (1.2K tons)
- Germany (0.9K tons)
- Guyana (0.7K tons)
- India (0.7K tons)
- Belgium (0.7K tons)
Shrimp Exports in Poland
Shrimp exports from Poland soared to 2.6K tons in 2022, growing by 47% on 2021 figures. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, shrimp exports soared to $23M in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 64%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Shrimp in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 4.5 | 4.3 | 11.5 | 33.8% |
| Denmark | 0.1 | 1.7 | 6.6 | 6.4 | 300.0% |
| Belarus | 0.2 | 0.3 | 1.2 | 1.5 | 95.7% |
| Romania | 0.7 | 0.8 | 1.2 | 1.0 | 12.6% |
| Ukraine | 0.4 | 0.2 | 0.9 | 0.5 | 7.7% |
| Others | 3.6 | 2.9 | 2.7 | 2.3 | -13.9% |
| Total | 9.8 | 10.3 | 16.9 | 23.2 | 33.3% |
Top Export Markets for Shrimp from Poland in 2022:
- Germany (1386.7 tons)
- Belarus (441.5 tons)
- Denmark (365.1 tons)
- Ukraine (118.4 tons)
- Romania (94.0 tons)
525
This report provides an in-depth analysis of the market for crab and crab meat in Poland.
660
This report provides an in-depth analysis of the frozen crustaceans market in Poland.
311
This report provides an in-depth analysis of the crabs, not frozen market in Poland.
340
This report provides an in-depth analysis of the frozen norway lobster market in Poland.
347
This report provides an in-depth analysis of the market for frozen crab and crab meat in Poland.
254
This report provides an in-depth analysis of the frozen lobster market in Poland.
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.
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.
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...
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.
