Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ecuador - 2022
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ecuador (CIF) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Ecuador
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ecuador (CIF) - 2022
The average import price for crustacean preparations; lobster, prepared or preserveds stood at $15,027 per ton in 2022, shrinking by -15.2% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for crustacean preparations; lobster, prepared or preserveds decreased by -20.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 15%. As a result, import price reached the peak level of $18,870 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 +2.7% per year.
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Ecuador
In 2022, supplies from abroad of crustacean preparations; lobster, prepared or preserveds increased by 50% to 2.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds soared to $43K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 42.0 | 38.0 | 34.0 | 43.1 | 0.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 42.0 | 38.0 | 34.0 | 43.1 | 0.9% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Ecuador in 2022:
- United States (2.9 tons)
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