Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina - 2022

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina (FOB) - 2022
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina (CIF) - 2022
3. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina
4. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $14,448 per ton, growing by 39% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses increased by +73.8% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($20,265 per ton), while the average price for exports to Taiwan (Chinese) ($5,257 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 Italy (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $8,180 per ton in 2022, which is down by -3.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2018 an increase of 15%. As a result, import price reached the peak level of $9,702 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 Spain ($18,236 per ton), while the price for Ecuador ($7,794 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina

In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses exported from Argentina contracted significantly to 39 tons, with a decrease of -61.1% against 2021 figures. Overall, exports showed a perceptible downturn. The growth pace was the most rapid in 2021 when exports increased by 174%. As a result, the exports reached the peak of 101 tons, and then declined significantly in the following year.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses shrank significantly to $571K in 2022. In general, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 242%. As a result, the exports attained the peak of $1.1M, and then shrank notably in the following year.

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Argentina in 2022:

1. South Korea (18.9 tons)
2. Trinidad and Tobago (7.5 tons)
3. Spain (7.3 tons)
4. Switzerland (1.5 tons)
5. Taiwan (Chinese) (1.4 tons)
6. Austria (0.7 tons)
7. Italy (0.5 tons)
8. Germany (0.5 tons)

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Argentina

After two years of decline, overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses increased by 650% to 18 tons in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $149K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Argentina in 2022:

1. Ecuador (15.3 tons)
2. Vietnam (1.8 tons)
3. Chile (0.9 tons)

Source: IndexBox Market Intelligence Platform