Shrimp Price in Tunisia - 2022
Contents:
- Shrimp Price in Tunisia (FOB) - 2022
- Shrimp Price in Tunisia (CIF) - 2022
- Shrimp Exports in Tunisia
- Shrimp Imports in Tunisia
Shrimp Price in Tunisia (FOB) - 2022
In December 2022, the average shrimp export price amounted to $13,669 per ton, dropping by -12.6% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 an increase of 34% against the previous month. Over the period under review, the average export prices attained the peak figure at $16,118 per ton in August 2022; however, from September 2022 to December 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In December 2022, the country with the highest price was Saudi Arabia ($15,149 per ton), while the average price for exports to Italy ($11,146 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.3%), while the prices for the other major destinations experienced a decline.
Shrimp Price in Tunisia (CIF) - 2022
In 2022, the average shrimp import price amounted to $8,677 per ton, with an increase of 6.5% against the previous year. Overall, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($9,231 per ton), while the price for Indonesia ($1,070 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Shrimp Exports in Tunisia
In 2022, shipments abroad of shrimps decreased by -0.6% to 3.9K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed strong growth.
In value terms, shrimp exports declined modestly to $53M in 2022. Overall, exports, however, continue to indicate resilient growth.
| Export of Shrimp in Tunisia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 29.2 | N/A | 36.4 | 29.2 | 0.0% |
| Italy | 10.8 | N/A | 18.1 | 21.8 | 26.4% |
| Saudi Arabia | N/A | N/A | N/A | 1.3 | 0% |
| Libya | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | N/A | N/A | 0.6 | 0.3 | -50.0% |
| Total | 40.1 | N/A | 55.2 | 52.8 | 9.6% |
Top Export Markets for Shrimp from Tunisia in 2022:
- Spain (2233.0 tons)
- Italy (1486.5 tons)
- Saudi Arabia (80.9 tons)
- Libya (66.4 tons)
Shrimp Imports in Tunisia
In 2022, imports of shrimps into Tunisia skyrocketed to 442 tons, picking up by 135% against 2021 figures. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, shrimp imports surged to $3.8M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Shrimp in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 130 | N/A | 396 | 3,075 | 187.1% |
| United Arab Emirates | 121 | N/A | 36.9 | 400 | 49.0% |
| Egypt | N/A | N/A | 693 | 219 | -68.4% |
| Oman | N/A | N/A | N/A | 70.2 | 0% |
| Spain | 4.6 | N/A | 28.9 | 17.5 | 56.1% |
| Indonesia | N/A | N/A | N/A | 8.4 | 0% |
| Belgium | N/A | N/A | 253 | N/A | 0% |
| Vietnam | 36.1 | N/A | 23.9 | N/A | -18.6% |
| India | 124 | N/A | N/A | N/A | 0% |
| Others | 25.6 | N/A | 99.6 | 45.6 | 21.2% |
| Total | 441 | N/A | 1,531 | 3,835 | 105.6% |
Top Suppliers of Shrimp to Tunisia in 2022:
- Argentina (333.1 tons)
- United Arab Emirates (53.2 tons)
- Egypt (23.8 tons)
- Oman (10.4 tons)
- Indonesia (7.8 tons)
- Spain (7.5 tons)
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