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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $2,341 per ton, picking up by 3.6% against the previous year. In general, the import price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 41%. As a result, import price attained the peak level of $4,650 per ton. From 2015 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 Vietnam ($4,829 per ton), while the price for Indonesia ($625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $3,147 per ton, dropping by -22.9% against the previous year. Overall, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,401 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Canada amounted to -10.8% per year.

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

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Cameroon contracted notably to 2.5 tons in 2022, declining by -48.8% on the previous year's figure. Over the period under review, imports saw a mild contraction. The pace of growth was the most pronounced in 2021 when imports increased by 100%. As a result, imports reached the peak of 4.8 tons, and then fell notably in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses fell notably to $5.7K in 2022. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 85%. As a result, imports reached the peak of $11K, and then contracted rapidly in the following year.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam0.41.85.72.993.5%
Honduras1.21.23.61.712.3%
France4.82.10.80.9-42.8%
Denmark0.20.30.40.20.0%
Belgium2.00.40.20.1-63.2%
Others0.2N/A0.1N/A-29.3%
Total8.85.810.85.7-13.5%

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

  1. Honduras (1032.0 kg)
  2. France (634.0 kg)
  3. Vietnam (601.0 kg)
  4. Denmark (137.0 kg)
  5. Belgium (42.0 kg)

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

In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses exported from Cameroon soared to 34 kg, with an increase of 36% compared with the previous year. In general, exports, however, recorded a slight decline. The growth pace was the most rapid in 2020 when exports increased by 417% against the previous year. As a result, the exports attained the peak of 181 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses expanded slightly to $107 in 2022. Overall, exports, however, faced a deep setback. The growth pace was the most rapid in 2020 with an increase of 294% against the previous year. As a result, the exports reached the peak of $611. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada155611102107-11.6%
OthersN/AN/AN/AN/A0%
Total155611102107-11.6%

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

  1. Canada (34.0 kg)

Source: IndexBox Market Intelligence Platform

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