Shrimp Price in the Netherlands - 2023
Contents:
- Shrimp Price in the Netherlands (FOB) - 2023
- Shrimp Price in the Netherlands (CIF) - 2023
- Shrimp Exports in the Netherlands
- Shrimp Imports in the Netherlands
Shrimp Price in the Netherlands (FOB) - 2023
The average shrimp export price stood at $10,592 per ton in May 2023, remaining stable against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 38% against the previous month. Over the period under review, the average export prices hit record highs at $11,079 per ton in May 2022; however, from June 2022 to May 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($13,833 per ton), while the average price for exports to Morocco ($4,392 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 Albania (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Shrimp Price in the Netherlands (CIF) - 2023
The average shrimp import price stood at $8,600 per ton in May 2023, shrinking by -1.6% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 5.3% against the previous month. The import price peaked at $9,317 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 Nigeria ($12,148 per ton), while the price for Ecuador ($7,280 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 Nigeria (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Shrimp Exports in the Netherlands
In 2022, the amount of shrimps exported from the Netherlands reduced to 90K tons, waning by -6.1% on the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, the exports attained the peak of 96K tons, and then fell in the following year.
In value terms, shrimp exports reduced rapidly to $851M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $1B, and then shrank dramatically in the following year.
| Export of Shrimp in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 270 | 337 | 377 | 327 | 6.6% |
| Belgium | 168 | 176 | 195 | 166 | -0.4% |
| France | 83.0 | 91.4 | 120 | 88.1 | 2.0% |
| Morocco | 96.4 | 94.2 | 100 | 72.4 | -9.1% |
| Italy | 32.4 | 33.2 | 44.6 | 34.0 | 1.6% |
| Poland | 11.0 | 11.7 | 14.7 | 19.9 | 21.8% |
| Spain | 22.9 | 16.5 | 19.1 | 18.3 | -7.2% |
| Albania | 9.0 | 11.1 | 8.7 | 9.9 | 3.2% |
| Others | 126 | 112 | 136 | 115 | -3.0% |
| Total | 819 | 883 | 1,015 | 851 | 1.3% |
Top Export Markets for Shrimp from the Netherlands in 2022:
- Germany (28.1K tons)
- Belgium (20.6K tons)
- Morocco (13.8K tons)
- France (7.2K tons)
- Italy (2.9K tons)
- Albania (2.3K tons)
- Spain (2.3K tons)
- Poland (1.9K tons)
Shrimp Imports in the Netherlands
In 2022, purchases abroad of shrimps decreased by -11.3% to 88K 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 +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of 99K tons, and then dropped in the following year.
In value terms, shrimp imports shrank to $832M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year.
| Import of Shrimp in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 112 | 122 | 115 | 147 | 9.5% |
| India | 75.0 | 76.7 | 104 | 128 | 19.5% |
| Morocco | 157 | 141 | 149 | 90.0 | -16.9% |
| Bangladesh | 69.9 | 63.7 | 71.5 | 70.6 | 0.3% |
| Venezuela | 7.9 | 18.2 | 70.6 | 68.1 | 105.0% |
| Belgium | 42.3 | 47.1 | 49.6 | 60.9 | 12.9% |
| Germany | 30.8 | 36.2 | 54.1 | 52.8 | 19.7% |
| Ecuador | 18.9 | 56.2 | 76.7 | 51.2 | 39.4% |
| Indonesia | 25.9 | 34.1 | 20.1 | 24.6 | -1.7% |
| Denmark | 12.3 | 14.7 | 22.9 | 19.8 | 17.2% |
| Honduras | 18.3 | 27.3 | 20.9 | 16.4 | -3.6% |
| Nigeria | 19.8 | 25.4 | 21.8 | 14.9 | -9.0% |
| Suriname | 11.7 | 11.8 | 8.0 | 6.1 | -19.5% |
| Others | 40.4 | 83.5 | 109 | 81.0 | 26.1% |
| Total | 643 | 758 | 893 | 832 | 9.0% |
Top Suppliers of Shrimp to the Netherlands in 2022:
- India (15.3K tons)
- Vietnam (14.4K tons)
- Morocco (8.6K tons)
- Venezuela (7.9K tons)
- Germany (6.8K tons)
- Ecuador (6.0K tons)
- Bangladesh (5.6K tons)
- Belgium (5.4K tons)
- Indonesia (2.5K tons)
- Denmark (2.1K tons)
- Honduras (1.6K tons)
- Nigeria (1.6K tons)
- Suriname (0.9K tons)
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