Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Azerbaijan - 2024
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Azerbaijan (CIF) - 2022
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Azerbaijan
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Azerbaijan (CIF) - 2022
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $8,992 per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price showed a significant expansion. The pace of growth was the most pronounced in 2013 an increase of 88%. The import price peaked at $9,881 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($9,297 per ton), while the price for Russia amounted to $8,982 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+29.3%).
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in supplies from abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which increased by 9% to 47 tons in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $425K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 201 | 247 | 314 | 414 | 27.2% |
| Belarus | 26.0 | 19.1 | 7.2 | 10.6 | -25.9% |
| Others | 4.1 | 19.6 | 5.4 | 0.2 | -63.5% |
| Total | 231 | 286 | 326 | 425 | 22.5% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Azerbaijan in 2022:
- Russia (46.1 tons)
- Belarus (1.1 tons)
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