Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Egypt - 2023

Contents:

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

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

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $11,812 per ton in 2022, picking up by 8.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 16% against the previous year. As a result, the export price reached the peak level of $13,434 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($12,089 per ton), while the average price for exports to Sweden ($11,157 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.6%), while the prices for the other major destinations experienced a decline.

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $10,995 per ton in 2022, rising by 13% against the previous year. Overall, the import price, however, saw a slight downturn. The import price peaked at $12,385 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2014 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -1.4% per year.

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

In 2022, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses from Egypt soared to 172 tons, with an increase of 25% on the previous year. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 350%. As a result, the exports reached the peak of 261 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses soared to $2M in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 310% against the previous year. As a result, the exports reached the peak of $2.8M. 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 Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2292,0745961,29978.3%
Sweden39655877756812.8%
Morocco29.314010916076.1%
Others22.90.114.6N/A-20.2%
Total6772,7731,4962,02744.1%

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

  1. United States (107.5 tons)
  2. Sweden (50.9 tons)
  3. Morocco (13.2 tons)

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

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Egypt skyrocketed to 1.7 tons in 2022, with an increase of 4,024% on the year before. Overall, imports saw a significant increase. 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 soared to $19K in 2022. In general, imports recorded a significant expansion. 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 Egypt (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Arab Emirates0.418.64550.0%
OthersN/AN/A0%
Total0.418.64550.0%

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

  1. United Arab Emirates (1689.0 kg)

Source: IndexBox Market Intelligence Platform

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