Slovakia - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in Slovakia - 2023
Contents:
- Frozen Crustaceans Price in Slovakia (CIF) - 2023
- Frozen Crustaceans Price in Slovakia (FOB) - 2022
- Frozen Crustaceans Imports in Slovakia
- Frozen Crustaceans Exports in Slovakia
Frozen Crustaceans Price in Slovakia (CIF) - 2023
In July 2023, the average frozen crustaceans import price amounted to $11,576 per ton, therefore, remained relatively stable against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 31% m-o-m. The import price peaked at $11,859 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($17,623 per ton), while the price for the Netherlands ($8,343 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Crustaceans Price in Slovakia (FOB) - 2022
The average frozen crustaceans export price stood at $7,169 per ton in 2022, growing by 50% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($7,261 per ton), while the average price for exports to the Czech Republic totaled $6,387 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Crustaceans Imports in Slovakia
In 2022, approx. 243 tons of frozen crustaceans were imported into Slovakia; rising by 42% compared with 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen crustaceans imports skyrocketed to $2.4M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Frozen Crustaceans in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 137 | 731 | 1,006 | 1,135 | 102.3% |
| Austria | 27.0 | 20.5 | 23.4 | 427 | 151.0% |
| Hungary | 16.6 | 47.2 | 249 | 244 | 145.0% |
| France | N/A | 30.1 | 46.8 | 166 | 134.8% |
| Netherlands | 31.3 | 31.6 | 50.6 | 133 | 62.0% |
| Spain | 13.9 | 24.7 | 27.2 | 112 | 100.5% |
| China | 126 | 213 | 75.8 | 86.1 | -11.9% |
| Germany | 61.8 | 94.3 | 220 | 75.1 | 6.7% |
| Vietnam | 459 | N/A | N/A | N/A | 0% |
| India | 125 | N/A | N/A | N/A | 0% |
| Others | 236 | 26.3 | 107 | 61.3 | -36.2% |
| Total | 1,233 | 1,218 | 1,804 | 2,439 | 25.5% |
Top Suppliers of Frozen Crustaceans to Slovakia in 2022:
- Czech Republic (106.6 tons)
- Austria (42.3 tons)
- Hungary (22.3 tons)
- China (16.2 tons)
- Netherlands (14.5 tons)
- France (14.1 tons)
- Spain (12.5 tons)
- Germany (7.5 tons)
Frozen Crustaceans Exports in Slovakia
In 2022, approx. 26 tons of frozen crustaceans were exported from Slovakia; reducing by -87% on 2021 figures. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 543% against the previous year. As a result, the exports reached the peak of 198 tons, and then dropped rapidly in the following year.
In value terms, frozen crustaceans exports dropped remarkably to $184K in 2022. Overall, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 416% against the previous year. As a result, the exports attained the peak of $946K, and then shrank sharply in the following year.
| Export of Frozen Crustaceans in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 192 | 150 | 180 | 163 | -5.3% |
| Czech Republic | 18.5 | 5.1 | 46.1 | 20.3 | 3.1% |
| Poland | N/A | 25.7 | 718 | N/A | 2693.8% |
| Others | 1.2 | 2.5 | 2.3 | 0.8 | -12.6% |
| Total | 211 | 183 | 946 | 184 | -4.5% |
Top Export Markets for Frozen Crustaceans from Slovakia in 2022:
- Hungary (22.5 tons)
- Czech Republic (3.2 tons)
This report provides an in-depth analysis of the frozen crustaceans market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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