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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $9,130 per ton, waning by -1.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 15%. Over the period under review, average import prices attained the peak figure at $12,437 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($10,855 per ton), while the price for Ecuador ($7,259 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $7,917 per ton, declining by -32% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 49%. As a result, the export price attained the peak level of $32,246 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -8.5% per year.

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

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Costa Rica skyrocketed to 51 tons in 2022, increasing by 62% against 2021 figures. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 105% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $464K in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12812022726227.0%
Vietnam65.115.233.617338.5%
Ecuador9.36.012.220.329.7%
Spain11.04.116.55.8-19.2%
Others2.31.41.82.98.0%
Total21614729146429.0%

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

  1. United States (31.4 tons)
  2. Vietnam (15.9 tons)
  3. Ecuador (2.8 tons)
  4. Spain (0.4 tons)

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

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses was finally on the rise to reach 908 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp descent.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses contracted markedly to $7.2K in 2022. In general, exports, however, continue to indicate a precipitous slump.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany85.81.71.37.2-56.2%
Czech RepublicN/A11.95.8N/A-51.3%
United Arab EmiratesN/A5.71.9N/A-66.7%
OthersN/AN/AN/AN/A0%
Total85.819.39.07.2-56.2%

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

  1. Germany (908.0 kg)

Source: IndexBox Market Intelligence Platform

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