Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Colombia - 2022
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia (FOB) - 2022
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia (CIF) - 2022
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia (FOB) - 2022
In February 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $32,239 per ton, waning by -1.6% against the previous month. Overall, export price indicated a tangible expansion from February 2021 to February 2022: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by +0.4% against December 2021 indices. The growth pace was the most rapid in July 2021 when the average export price increased by 40% m-o-m. The export price peaked at $40,856 per ton in October 2021; however, from November 2021 to February 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In February 2022, the country with the highest price was Aruba ($32,976 per ton), while the average price for exports to the United States totaled $32,224 per ton.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.2%).
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia (CIF) - 2022
In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $10,545 per ton, growing by 5.8% against the previous year. In general, the import price, however, recorded a mild decline. The pace of growth was the most pronounced in 2019 an increase of 25%. The import price peaked at $12,107 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Canada ($40,962 per ton), while the price for Spain ($5,717 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 States (+0.9%), while the prices for the other major suppliers experienced a decline.
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia
In 2022, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s from Colombia fell to 302 tons, waning by -6.9% compared with the year before. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of 324 tons, and then dropped in the following year.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s reduced dramatically to $7.4M in 2022. Over the period under review, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 66% against the previous year. As a result, the exports reached the peak of $9.3M, and then fell notably in the following year.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.5 | 5.6 | 8.8 | 7.4 | 4.4% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 6.5 | 5.6 | 9.3 | 7.4 | 4.4% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Colombia in 2022:
- United States (301.5 tons)
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia
In 2022, after three years of growth, there was significant decline in purchases abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, when their volume decreased by -8.5% to 2.9 tons. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 increased by +55.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41%.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s shrank modestly to $31K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 56%.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.2 | 23.4 | 22.3 | 21.6 | 24.5% |
| Canada | 3.2 | 4.2 | 4.7 | 5.4 | 19.1% |
| Italy | 3.9 | 0.9 | 2.2 | 2.3 | -16.1% |
| Spain | 0.7 | 0.9 | 1.1 | 1.1 | 16.3% |
| Others | 0.3 | 0.6 | 1.7 | 0.6 | 26.0% |
| Total | 19.2 | 30.0 | 32.0 | 31.0 | 17.3% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Colombia in 2022:
- United States (2386.0 kg)
- Italy (199.0 kg)
- Spain (191.0 kg)
- Canada (133.0 kg)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Colombia.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
259
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Colombia.
513
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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