Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium - 2023
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium (CIF) - 2023
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium (FOB) - 2023
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium (CIF) - 2023
In September 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $12,355 per ton, falling by -8.5% against the previous month. Over the period under review, the import price showed a perceptible setback. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 23% against the previous month. Over the period under review, average import prices hit record highs at $15,170 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($9,869 per ton), while the price for Morocco ($2,938 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium (FOB) - 2023
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $11,641 per ton in September 2023, rising by 3.1% against the previous month. In general, the export price, however, continues to indicate a mild descent. The growth pace was the most rapid in July 2023 an increase of 34% m-o-m. The export price peaked at $13,393 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($46,636 per ton), while the average price for exports to Gabon ($8,553 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium
Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Belgium expanded markedly to 4.5K tons in 2022, growing by 8.6% compared with 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +65.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses shrank modestly to $62M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $63M, and then fell slightly in the following year.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 40.1 | 37.7 | 42.0 | 36.4 | -3.2% |
| Vietnam | 1.9 | 4.5 | 7.0 | 13.8 | 93.7% |
| France | 3.2 | 3.8 | 5.1 | 3.3 | 1.0% |
| Morocco | 0.2 | 0.5 | 1.1 | 1.9 | 111.8% |
| India | 0.3 | 0.5 | 1.4 | 1.8 | 81.7% |
| Denmark | N/A | N/A | 4.6 | 1.3 | -71.7% |
| Bangladesh | 0.2 | 0.1 | 0.3 | 0.9 | 65.1% |
| Others | 1.9 | 1.8 | 1.8 | 3.0 | 16.4% |
| Total | 47.8 | 48.9 | 63.4 | 62.5 | 9.3% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Belgium in 2022:
- Netherlands (1609.2 tons)
- Vietnam (1269.3 tons)
- Morocco (744.2 tons)
- India (231.6 tons)
- Denmark (153.4 tons)
- France (130.9 tons)
- Bangladesh (113.0 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium
In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -12.4% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 156%. As a result, the exports reached the peak of 2K tons, and then reduced in the following year.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses declined to $22M in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 149%. As a result, the exports reached the peak of $23M, and then shrank in the following year.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.8 | 4.9 | 7.4 | 10.7 | 81.1% |
| Netherlands | 0.7 | 1.2 | 2.8 | 4.1 | 80.3% |
| United Kingdom | N/A | 0.6 | 8.6 | 2.7 | 112.1% |
| Luxembourg | 0.8 | 0.9 | 0.7 | 0.7 | -4.4% |
| Germany | 0.5 | 0.5 | 0.9 | 0.6 | 6.3% |
| Finland | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
| Others | 1.1 | 1.0 | 2.4 | 2.2 | 26.0% |
| Total | 5.0 | 9.2 | 23.1 | 21.5 | 62.6% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Belgium in 2022:
- France (925.1 tons)
- Netherlands (368.3 tons)
- United Kingdom (241.8 tons)
- Luxembourg (52.9 tons)
- Germany (39.8 tons)
- Finland (38.4 tons)
281
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Belgium.
523
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
281
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Belgium.
523
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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