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

Contents:

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

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

In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $6,164 per ton, rising by 74% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2013 an increase of 81% against the previous year. As a result, import price reached the peak level of $15,744 per ton. From 2014 to 2022, the average import prices remained at a 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 the Netherlands ($7,358 per ton), while the price for China amounted to $4,360 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+63.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $3,380 per ton, dropping by -13.1% against the previous year. In general, the export price showed a mild downturn. The growth pace was the most rapid in 2021 when the average export price increased by 6.9%. As a result, the export price reached the peak level of $3,888 per ton, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2019 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -1.2% per year.

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

In 2022, overseas purchases of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s were finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt setback.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s skyrocketed to $77K in 2022. In general, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A6.455.6768.8%
ChinaN/AN/AN/A21.80%
Spain41.715.99.6N/A-52.0%
Others10.018.411.4N/A6.8%
Total51.634.327.477.414.5%

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

  1. Netherlands (7.6 tons)
  2. China (5.0 tons)

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

Exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s from Serbia fell to 540 kg in 2022, waning by -3.6% against the previous year's figure. In general, exports continue to indicate a sharp curtailment.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s plummeted to $1.8K in 2022. Overall, exports faced a precipitous shrinkage.

Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina3.72.92.11.8-21.4%
OthersN/AN/AN/AN/A0%
Total3.72.92.21.8-21.4%

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

  1. Bosnia and Herzegovina (540.0 kg)

Source: IndexBox Market Intelligence Platform

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