Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Azerbaijan - 2023
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Azerbaijan (CIF) - 2022
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Azerbaijan
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Azerbaijan (CIF) - 2022
In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $5,400 per ton, with an increase of 3.7% against the previous year. In general, the import price saw a significant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 412% against the previous year. The import price peaked at $7,669 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Luxembourg ($26,500 per ton), while the price for Belarus ($4,043 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Azerbaijan
In 2022, overseas purchases of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s were finally on the rise to reach 1.7 tons after two years of decline. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% 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; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s skyrocketed to $9.4K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | N/A | 3.4 | 0% |
Belarus | 4.6 | 2.2 | 2.8 | 3.3 | -10.5% |
Greenland | N/A | N/A | N/A | 1.7 | 0% |
United Arab Emirates | N/A | N/A | N/A | 0.6 | 0% |
Russia | 0.7 | N/A | N/A | N/A | 0% |
China | N/A | 6.3 | 2.5 | N/A | -60.3% |
Others | N/A | N/A | N/A | 0.3 | 0% |
Total | 5.3 | 8.5 | 5.4 | 9.4 | 21.0% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Azerbaijan in 2022:
- Belarus (814.0 kg)
- Spain (572.0 kg)
- Greenland (300.0 kg)
- United Arab Emirates (39.0 kg)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Azerbaijan.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Azerbaijan.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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