Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Brazil - 2024

Contents:

1. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Brazil (FOB) - 2022
2. Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Brazil

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Brazil (FOB) - 2022

In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $11,941 per ton, which is down by -28% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17%. Over the period under review, the average export prices reached the peak figure at $35,492 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Antigua and Barbuda ($23,600 per ton), while the average price for exports to Cayman Islands ($1,300 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 Malta (+30.8%), 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 Brazil

In 2022, shipments abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -36.9% to 202 kg, falling for the second year in a row after two years of growth. In general, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. As a result, the exports reached the peak of 510 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s dropped dramatically to $2.4K in 2022. Over the period under review, exports showed a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 54%. As a result, the exports reached the peak of $7.2K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Brazil in 2022:

1. Marshall Islands (60.0 kg)
2. Liberia (36.0 kg)
3. Panama (32.0 kg)
4. Hong Kong SAR (22.0 kg)
5. Cayman Islands (20.0 kg)
6. Antigua and Barbuda (15.0 kg)
7. Malta (10.0 kg)
8. Norway (7.0 kg)

Source: IndexBox Market Intelligence Platform