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

Contents:

  1. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Sweden (CIF) - 2023
  2. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Sweden (FOB) - 2023
  3. Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Sweden
  4. Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Sweden

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Sweden (CIF) - 2023

In November 2023, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $14,260 per ton, increasing by 1.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 25% month-to-month. The import price peaked at $17,230 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($15,250 per ton), while the price for the Netherlands ($9,560 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), 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 Sweden (FOB) - 2023

In November 2023, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $11,107 per ton, with a decrease of -17.8% against the previous month. Overall, the export price saw a mild downturn. The growth pace was the most rapid in August 2023 an increase of 160% against the previous month. Over the period under review, the average export prices attained the maximum at $15,321 per ton in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Denmark ($17,099 per ton), while the average price for exports to Norway ($7,115 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.5%), 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 Sweden

In 2022, overseas purchases of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -21.8% to 1.2K tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 1.6%. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s contracted to $17M in 2022. Over the period under review, imports faced a deep contraction.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.75.64.46.19.1%
Denmark8.85.15.25.4-15.0%
China7.97.75.94.8-15.3%
SpainN/AN/AN/A0.20%
Egypt1.21.42.3N/A38.4%
Others0.60.30.50.4-12.6%
Total23.220.218.216.9-10.0%

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

  1. Turkey (495.0 tons)
  2. Denmark (406.0 tons)
  3. China (278.2 tons)
  4. Spain (20.0 tons)

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

In 2022, approx. 129 tons of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s were exported from Sweden; growing by 13% against the year before. Over the period under review, exports, however, continue to indicate a significant contraction.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s skyrocketed to $1.8M in 2022. In general, exports, however, saw a deep setback.

Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A222N/A49749.6%
Denmark98.112548.144465.4%
Finland971624531301-32.3%
Estonia2936156892990.7%
Norway19556.945.72549.2%
Spain54.755.96.18.0-47.3%
United Kingdom15613624.66.1-66.1%
Germany379358N/A3.5-79.0%
Belgium2131260.90.7-85.1%
Switzerland76.188.0N/AN/A15.6%
Poland21.860.2N/AN/A176.1%
Taiwan (Chinese)106138N/AN/A30.2%
Italy48.351.8N/AN/A7.2%
Others51.51094.59.0-44.1%
Total2,6632,7651,3501,822-11.9%

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

  1. China (36.0 tons)
  2. Finland (30.0 tons)
  3. Denmark (24.0 tons)
  4. Estonia (22.0 tons)
  5. Norway (14.0 tons)
  6. United Kingdom (1.0 tons)
  7. Spain (1.0 tons)
  8. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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