Price for Crustacean Preparations; Lobster, Prepared or Preserved in Chile - 2022

Contents:

  1. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Chile (FOB) - 2022
  2. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Chile (CIF) - 2022
  3. Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Chile
  4. Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Chile

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Chile (FOB) - 2022

In 2022, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $28,746 per ton, with an increase of 30% against the previous year. In general, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 48% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($37,926 per ton), while the average price for exports to Denmark ($18,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Chile (CIF) - 2022

In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $30,617 per ton, standing approx. at the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2019 an increase of 81% against the previous year. As a result, import price attained the peak level of $39,385 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.1% per year.

Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Chile

In 2022, overseas shipments of crustacean preparations; lobster, prepared or preserveds were finally on the rise to reach 31 tons after two years of decline. Over the period under review, exports, however, faced a sharp descent.

In value terms, exports of crustacean preparations; lobster, prepared or preserveds surged to $882K in 2022. Overall, exports, however, showed a dramatic contraction.

Export of Crustacean Preparations; Lobster, Prepared or Preserved in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,144445312310-53.8%
Canada71149.923.2229-31.5%
Taiwan (Chinese)N/AN/AN/A1770%
Denmark36748.254.4146-26.5%
Poland25012.628.819.5-57.3%
Others43.33.83.60.5-77.4%
Total4,516560422882-42.0%

Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Chile in 2022:

  1. United States (10.7 tons)
  2. Denmark (7.7 tons)
  3. Canada (6.0 tons)
  4. Taiwan (Chinese) (5.7 tons)
  5. Poland (0.6 tons)

Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Chile

In 2022, purchases abroad of crustacean preparations; lobster, prepared or preserveds increased by 935% to 942 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep setback.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds skyrocketed to $29K in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.128.82.828.841.8%
Germany44.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total54.928.82.828.8-19.3%

Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Chile in 2022:

  1. United States (942.0 kg)

Source: IndexBox Market Intelligence Platform

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