Czech Republic - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in the Czech Republic - 2023
Contents:
- Frozen Crustaceans Price in the Czech Republic (CIF) - 2023
- Frozen Crustaceans Price in the Czech Republic (FOB) - 2023
- Frozen Crustaceans Imports in the Czech Republic
- Frozen Crustaceans Exports in the Czech Republic
Frozen Crustaceans Price in the Czech Republic (CIF) - 2023
In August 2023, the average frozen crustaceans import price amounted to $8,437 per ton, reducing by -6.2% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 9% m-o-m. The import price peaked at $9,723 per ton in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($16,819 per ton), while the price for Ecuador ($6,766 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced a decline.
Frozen Crustaceans Price in the Czech Republic (FOB) - 2023
In August 2023, the average frozen crustaceans export price amounted to $11,409 per ton, which is down by -2.5% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 9.1% m-o-m. The export price peaked at $11,706 per ton in July 2023, and then reduced modestly in the following month.
Average prices varied somewhat for the major export markets. In August 2023, the highest price was recorded for prices to Germany ($12,817 per ton) and Hungary ($11,618 per ton), while the average price for exports to Poland ($9,494 per ton) and Slovakia ($10,492 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.0%), while the prices for the other major destinations experienced a decline.
Frozen Crustaceans Imports in the Czech Republic
In 2022, approx. 2.4K tons of frozen crustaceans were imported into the Czech Republic; jumping by 15% on 2021 figures. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, frozen crustaceans imports expanded notably to $22M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +58.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Frozen Crustaceans in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 9.6 | 4.2 | 8.2 | 9.4 | -0.7% |
| Netherlands | 0.5 | 2.4 | 4.3 | 4.1 | 101.7% |
| Germany | 0.8 | 2.2 | 2.7 | 2.8 | 51.8% |
| Spain | 0.2 | 1.1 | 1.5 | 1.5 | 95.7% |
| Denmark | 0.1 | 0.4 | 0.9 | 1.3 | 135.1% |
| France | 0.6 | 0.6 | 0.4 | 0.8 | 10.1% |
| Belgium | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
| Bangladesh | 1.3 | 0.2 | N/A | N/A | -84.6% |
| Others | 3.0 | 2.0 | 1.0 | 1.1 | -28.4% |
| Total | 16.7 | 13.7 | 19.5 | 21.7 | 9.1% |
Top Suppliers of Frozen Crustaceans to the Czech Republic in 2022:
- Vietnam (1088.5 tons)
- Netherlands (431.2 tons)
- Germany (281.8 tons)
- Spain (148.7 tons)
- Denmark (143.0 tons)
- France (66.6 tons)
- Belgium (66.0 tons)
Frozen Crustaceans Exports in the Czech Republic
In 2022, the amount of frozen crustaceans exported from the Czech Republic contracted remarkably to 472 tons, waning by -20.5% on 2021. In general, exports continue to indicate a dramatic descent. The smallest decline of -3.4% was in 2021.
In value terms, frozen crustaceans exports dropped to $5.2M in 2022. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 1.3% against the previous year.
| Export of Frozen Crustaceans in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 3.8 | 4.0 | 3.0 | 2.5 | -13.0% |
| Germany | 0.9 | 0.9 | 1.2 | 1.6 | 21.1% |
| Poland | 3.1 | 0.5 | 1.2 | 0.4 | -49.5% |
| Hungary | 0.7 | 0.5 | 0.3 | 0.3 | -24.6% |
| Italy | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Total | 8.8 | 6.0 | 6.1 | 5.2 | -16.1% |
Top Export Markets for Frozen Crustaceans from the Czech Republic in 2022:
- Slovakia (234.4 tons)
- Germany (139.6 tons)
- Poland (43.8 tons)
- Hungary (22.1 tons)
- Italy (9.3 tons)
This report provides an in-depth analysis of the frozen crustaceans market in the Czech Republic. 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:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- 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
-
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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