Shrimp Price in Slovakia - 2023
Contents:
- Shrimp Price in Slovakia (CIF) - 2023
- Shrimp Price in Slovakia (FOB) - 2022
- Shrimp Imports in Slovakia
- Shrimp Exports in Slovakia
Shrimp Price in Slovakia (CIF) - 2023
In April 2023, the average shrimp import price amounted to $11,509 per ton, increasing by 3% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 23% month-to-month. The import price peaked in April 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($31,212 per ton), while the price for the Netherlands ($8,849 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Poland (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Shrimp Price in Slovakia (FOB) - 2022
The average shrimp export price stood at $8,036 per ton in 2022, declining by -9.9% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, shrimp export price increased by +58.5% against 2013 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 28%. The export price peaked at $8,924 per ton in 2021, and then contracted in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($10,486 per ton) and Poland ($9,251 per ton), while the average price for exports to the Czech Republic ($7,411 per ton) and Hungary ($7,893 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Shrimp Imports in Slovakia
In 2022, overseas purchases of shrimps decreased by -27.7% to 245 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a mild downturn. The pace of growth appeared the most rapid in 2020 with an increase of 57% against the previous year. As a result, imports reached the peak of 408 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, shrimp imports reduced remarkably to $2.7M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year.
| Import of Shrimp in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 226 | 1,041 | 1,431 | 1,291 | 78.8% |
| Germany | 230 | 625 | 336 | 280 | 6.8% |
| Netherlands | 282 | 245 | 305 | 266 | -1.9% |
| Hungary | 15.2 | 45.1 | 262 | 228 | 146.6% |
| France | 0.5 | 55.5 | 72.3 | 154 | 575.3% |
| Slovenia | N/A | 5.1 | 207 | 142 | 427.7% |
| Denmark | 166 | 288 | 391 | 138 | -6.0% |
| Spain | 13.9 | 24.7 | 27.2 | 118 | 104.0% |
| China | 127 | 213 | 76.9 | 17.0 | -48.8% |
| Vietnam | 661 | N/A | N/A | N/A | 0% |
| Others | 522 | 255 | 349 | 99.7 | -42.4% |
| Total | 2,243 | 2,797 | 3,457 | 2,734 | 6.8% |
Top Suppliers of Shrimp to Slovakia in 2022:
- Czech Republic (117.0 tons)
- Netherlands (24.6 tons)
- Germany (20.4 tons)
- Hungary (18.2 tons)
- Denmark (16.7 tons)
- Spain (12.5 tons)
- France (11.9 tons)
- Slovenia (11.5 tons)
- China (3.2 tons)
Shrimp Exports in Slovakia
In 2022, the amount of shrimps exported from Slovakia reduced notably to 33 tons, declining by -70.8% compared with 2021. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 255%. As a result, the exports attained the peak of 113 tons, and then fell rapidly in the following year.
In value terms, shrimp exports shrank notably to $265K in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 311% against the previous year. As a result, the exports reached the peak of $1M, and then contracted markedly in the following year.
| Export of Shrimp in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 208 | 165 | 207 | 205 | -0.5% |
| Czech Republic | 89.8 | 44.0 | 68.1 | 29.6 | -30.9% |
| Poland | N/A | 25.8 | 718 | 14.3 | -25.6% |
| Germany | N/A | N/A | N/A | 13.5 | 0% |
| Austria | 31.4 | 10.5 | 14.4 | 2.5 | -57.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 330 | 245 | 1,008 | 265 | -7.1% |
Top Export Markets for Shrimp from Slovakia in 2022:
- Hungary (26.0 tons)
- Czech Republic (4.0 tons)
- Poland (1.5 tons)
- Germany (1.3 tons)
- Austria (0.2 tons)
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