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

Contents:

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

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

In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $20,184 per ton, waning by -19.8% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 -48.4% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 76% against the previous year. Over the period under review, average import prices reached the peak figure at $39,126 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 +2.0% per year.

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

In 2022, imports of crustacean preparations; lobster, prepared or preserveds into Uruguay amounted to 98 kg, almost unchanged from the year before. The total import volume increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 1.1%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds declined rapidly to $2K in 2022. Over the period under review, imports, however, faced a deep downturn. The smallest decline of -18.9% was in 2020.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.30.22.42.0-4.6%
Germany0.71.2N/AN/A71.4%
NorwayN/A0.4N/AN/A0%
Others0.71.2N/AN/A71.4%
Total3.73.02.42.0-18.5%

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

  1. United States (98.0 kg)

Source: IndexBox Market Intelligence Platform

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