Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bangladesh - 2022
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bangladesh (FOB) - 2022
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bangladesh
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bangladesh (FOB) - 2022
The average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $9,296 per ton in 2022, approximately reflecting the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -3.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 156% against the previous year. Over the period under review, the average export prices hit record highs at $10,504 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($15,607 per ton), while the average price for exports to Poland ($7,612 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bangladesh
After three years of growth, overseas shipments of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -0.9% to 574 kg in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 1.8%.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s reduced slightly to $5.3K in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 2.6% against the previous year.
Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 2.4 | 2.4 | 2.4 | 2.4 | 0.0% |
Poland | 1.3 | 1.5 | 1.7 | 1.8 | 11.5% |
Slovenia | 0.7 | 0.7 | 0.7 | 0.8 | 4.6% |
Finland | 0.8 | 0.7 | 0.5 | 0.4 | -20.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.1 | 5.3 | 5.4 | 5.3 | 1.3% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Bangladesh in 2022:
- Austria (258.0 kg)
- Poland (232.0 kg)
- Slovenia (56.0 kg)
- Finland (28.0 kg)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Bangladesh.
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 Bangladesh.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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