Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Egypt - 2022
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt (FOB) - 2022
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt (CIF) - 2022
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt (FOB) - 2022
In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $13,200 per ton, growing by 168% against the previous year. Overall, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Ghana.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.4% per year.
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt (CIF) - 2022
In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $5,669 per ton, surging by 4.6% against the previous year. In general, the import price posted a slight expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 63% against the previous year. The import price peaked at $5,966 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +1.2% per year.
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt
In 2022, shipments abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by 99.9% to 10 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2020 with an increase of 71%. As a result, the exports reached the peak of 8.5K tons. 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 reduced rapidly to $132 in 2022. In general, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, the exports attained the peak of $35M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 13.0 | 3.2 | 2.3 | N/A | -57.9% |
| United States | 1.7 | 27.7 | 24.4 | N/A | 278.9% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | 14.4 | 4.2 | 2.4 | N/A | -59.2% |
| Total | 29.1 | 35.1 | 29.0 | N/A | -0.2% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Egypt in 2022:
- Ghana (10.0 kg)
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt
In 2022, after three years of growth, there was significant decline in overseas purchases of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, when their volume decreased by -7.9% to 30 tons. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 189% against the previous year.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s declined modestly to $167K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 301% against the previous year.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 31.4 | 161 | 174 | 167 | 74.6% |
| Others | 8.7 | 0.3 | 0.1 | N/A | -89.3% |
| Total | 40.2 | 161 | 174 | 167 | 60.8% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Egypt in 2022:
- United Arab Emirates (29.5 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Egypt.
513
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
281
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Egypt.
513
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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