Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Ecuador - 2022

Contents:

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

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

In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $14,882 per ton, waning by -2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 41% against the previous year. Over the period under review, the average export prices reached the maximum at $17,698 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.8% per year.

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

Exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s from Ecuador shrank rapidly to 49 tons in 2022, which is down by -28.6% compared with the year before. Over the period under review, exports, however, enjoyed a mild increase. The pace of growth was the most pronounced in 2021 with an increase of 133% against the previous year. As a result, the exports attained the peak of 68 tons, and then declined significantly in the following year.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s declined rapidly to $727K in 2022. In general, exports, however, showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of $1M, and then reduced sharply in the following year.

Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5582294237229.0%
AustriaN/A187615N/A228.9%
Others0.4N/AN/A4.7127.3%
Total5594161,0387279.2%

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

  1. United States (48.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) - Ecuador