Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Croatia - 2023

Contents:

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

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

In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $9,402 per ton, increasing by 24% against the previous year. Overall, the import price recorded strong growth. The most prominent rate of growth was recorded in 2021 an increase of 147%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Denmark ($21,533 per ton), while the price for Hungary ($4,340 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $4,784 per ton in 2022, shrinking by -2.4% against the previous year. In general, export price indicated a remarkable increase from 2013 to 2022: its price increased at an average annual rate of +5.2% over the last nine years. 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 increased by +38.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $4,904 per ton, and then contracted slightly in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($6,327 per ton), while the average price for exports to Bosnia and Herzegovina ($4,348 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Croatia

Imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s into Croatia reduced notably to 6.8 tons in 2022, with a decrease of -25.6% compared with the previous year's figure. Overall, imports saw a sharp shrinkage.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s contracted to $64K in 2022. Over the period under review, imports faced a dramatic curtailment.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/A21.029.841.9%
Slovenia1.23.61.612.6119.0%
Italy33.0N/AN/A9.4-34.2%
NetherlandsN/A6.713.16.1-4.6%
HungaryN/A1.40.83.558.1%
FranceN/A0.55.32.9140.8%
Spain46.326.824.6N/A-27.1%
Lithuania3802162.9N/A-91.3%
Others2.42.0N/AN/A-16.7%
Total46325769.464.3-48.2%

Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Croatia in 2022:

  1. Slovenia (2.5 tons)
  2. Denmark (1.4 tons)
  3. Italy (1.2 tons)
  4. Netherlands (0.8 tons)
  5. Hungary (0.8 tons)
  6. France (0.2 tons)

Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Croatia

Exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s from Croatia skyrocketed to 1.5 tons in 2022, rising by 116% on the previous year's figure. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 152%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s surged to $7K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 253% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia0.90.63.35.380.6%
Bosnia and HerzegovinaN/AN/AN/A1.30%
Slovakia0.90.3N/A0.3-30.7%
OthersN/A0.1N/AN/A0%
Total1.80.93.37.057.3%

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

  1. Slovenia (1100.0 kg)
  2. Bosnia and Herzegovina (302.0 kg)
  3. Slovakia (55.0 kg)

Source: IndexBox Market Intelligence Platform

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