Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ghana - 2023

Contents:

  1. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ghana (CIF) - 2022
  2. Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Ghana

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

In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $16,632 per ton, growing by 11% against the previous year. Over the period under review, the import price continues to indicate perceptible growth. The pace of growth was the most pronounced in 2021 an increase of 72% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($16,342 per ton), while the price for France amounted to $11,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, purchases abroad of crustacean preparations; lobster, prepared or preserveds decreased by -37.1% to 39 kg in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 148%. As a result, imports reached the peak of 62 kg, and then shrank notably in the following year.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds contracted markedly to $632 in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 319% against the previous year. As a result, imports attained the peak of $913, and then declined significantly in the following year.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China76.0190778621101.4%
France30.028.017.011.0-28.4%
OthersN/AN/A118N/A0%
Total10621891363281.3%

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

  1. China (38.0 kg)
  2. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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