Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ireland - 2023
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ireland (FOB) - 2023
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ireland (CIF) - 2022
- Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Ireland
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Ireland
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ireland (FOB) - 2023
In November 2023, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $38,045 per ton, with an increase of 44% against the previous month. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In November 2023, the country with the highest price was France ($43,337 per ton), while the average price for exports to Spain ($32,797 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ireland (CIF) - 2022
The average import price for crustacean preparations; lobster, prepared or preserveds stood at $7,163 per ton in 2022, increasing by 31% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 42% against the previous year. The import price peaked at $16,888 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($29,460 per ton), while the price for Spain ($4,943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Ireland
In 2022, approx. 285 tons of crustacean preparations; lobster, prepared or preserveds were exported from Ireland; dropping by -14.2% compared with 2021. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.
In value terms, exports of crustacean preparations; lobster, prepared or preserveds contracted notably to $6.7M in 2022. The total export value increased at an average annual rate of +2.1% over the period 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 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $7.9M, and then declined rapidly in the following year.
| Export of Crustacean Preparations; Lobster, Prepared or Preserved in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.8 | 3.0 | 4.0 | 3.4 | -3.6% |
| Spain | 2.2 | 1.9 | 3.6 | 3.0 | 10.9% |
| Portugal | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| United Kingdom | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.3 | 5.2 | 7.9 | 6.7 | 2.1% |
Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Ireland in 2022:
- France (145.4 tons)
- Spain (129.2 tons)
- Portugal (9.8 tons)
- United Kingdom (0.2 tons)
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Ireland
In 2022, approx. 17 tons of crustacean preparations; lobster, prepared or preserveds were imported into Ireland; falling by -58.2% on 2021. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. As a result, imports reached the peak of 40 tons, and then dropped remarkably in the following year.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds declined markedly to $120K in 2022. Over the period under review, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 71%. As a result, imports attained the peak of $218K, and then dropped dramatically in the following year.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 32.1 | 66.5 | 168 | 85.9 | 38.8% |
| United Kingdom | 128 | 56.8 | 10.0 | 32.2 | -36.9% |
| Spain | N/A | N/A | 12.7 | 1.0 | -92.1% |
| Netherlands | 10.3 | 4.4 | 3.5 | 0.4 | -66.1% |
| Others | 0.3 | N/A | 23.9 | 0.1 | -30.7% |
| Total | 171 | 128 | 218 | 120 | -11.1% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Ireland in 2022:
- France (15.3 tons)
- United Kingdom (1.1 tons)
- Spain (0.2 tons)
- Netherlands (0.1 tons)
300
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Ireland.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
300
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Ireland.
513
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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