Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Portugal - 2023
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal (FOB) - 2022
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal (CIF) - 2022
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal (FOB) - 2022
In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $5,114 per ton, shrinking by -2.7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 35% against the previous year. As a result, the export price reached the peak level of $6,001 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($9,192 per ton), while the average price for exports to France ($4,771 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 Angola (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal (CIF) - 2022
In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $4,549 per ton, approximately mirroring the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $6,219 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($20,870 per ton), while the price for Spain stood at $4,508 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%).
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal
Exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s from Portugal soared to 318 tons in 2022, with an increase of 100% compared with 2021 figures. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 338% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s soared to $1.6M in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 356% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 409 | 1,117 | 173.1% |
| France | 26.4 | 67.1 | 229 | 319 | 129.5% |
| Luxembourg | 36.3 | 49.3 | 80.5 | 74.9 | 27.3% |
| Angola | 13.2 | 9.7 | 22.6 | 62.7 | 68.1% |
| United Kingdom | 17.1 | 19.2 | 7.6 | 4.9 | -34.1% |
| Others | 40.0 | 37.8 | 85.8 | 48.2 | 6.4% |
| Total | 133 | 183 | 835 | 1,626 | 130.4% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Portugal in 2022:
- United States (219.3 tons)
- France (66.8 tons)
- Luxembourg (15.7 tons)
- Angola (6.8 tons)
- United Kingdom (0.7 tons)
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal
In 2022, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s into Portugal contracted dramatically to 53 tons, falling by -44.6% on the previous year's figure. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of 96 tons, and then shrank significantly in the following year.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s declined rapidly to $243K in 2022. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $435K, and then declined markedly in the following year.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 331 | 282 | 371 | 240 | -10.2% |
| China | N/A | N/A | 53.9 | N/A | 0% |
| Others | 28.2 | 37.6 | 9.4 | 3.3 | -51.1% |
| Total | 360 | 320 | 435 | 243 | -12.3% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Portugal in 2022:
- Spain (53.2 tons)
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