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

Contents:

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

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

The average import price for crustacean preparations; lobster, prepared or preserveds stood at $5,261 per ton in 2022, shrinking by -6.1% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $13,805 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,994 per ton), while the price for Canada totaled $4,832 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%).

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

In 2022, purchases abroad of crustacean preparations; lobster, prepared or preserveds decreased by -8.3% to 19 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% 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 decreased by -15.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 94%. As a result, imports reached the peak of 23 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds contracted to $101K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.4% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 79% against the previous year. As a result, imports attained the peak of $134K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada73.113211579.22.7%
United StatesN/AN/AN/A18.60%
Others1.92.43.23.522.6%
Total75.013411810110.4%

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

  1. Canada (16.4 tons)
  2. United States (2.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Crustacean preparations; lobster, prepared or preserved - Israel