Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Israel - 2024

Contents:

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

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $11,001 per ton in 2022, growing by 4.2% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22%. Over the period under review, average import prices attained the peak figure at $11,497 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($11,592 per ton) and Vietnam ($10,939 per ton), while the price for Belgium ($10,938 per ton) and China ($10,939 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $5,354 per ton, reducing by -55.2% against the previous year. In general, the export price recorded a sharp decline. The export price peaked at $11,940 per ton in 2021, and then shrank dramatically in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($5,798 per ton), while the average price for exports to India amounted to $4,913 per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Israel surged to 822 tons in 2022, with an increase of 29% against the previous year. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 34% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses soared to $9M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.3% 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 Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam3.03.54.86.328.1%
United Kingdom0.70.80.80.98.7%
GermanyN/A0.5N/A0.826.5%
Thailand0.30.40.50.626.0%
Belgium0.20.20.30.426.0%
India0.40.40.20.1-37.0%
China0.40.10.1N/A-50.0%
OthersN/AN/AN/AN/A0%
Total4.96.16.79.022.5%

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

  1. Vietnam (572.5 tons)
  2. United Kingdom (79.0 tons)
  3. Germany (70.2 tons)
  4. Thailand (50.4 tons)
  5. Belgium (34.9 tons)
  6. India (11.7 tons)
  7. China (2.6 tons)

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

In 2022, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses from Israel expanded sharply to 9.9 tons, growing by 12% against 2021 figures. The total export volume increased at an average annual rate of +11.5% over the period from 2021 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses contracted markedly to $53K in 2022. Overall, exports, however, faced a precipitous contraction.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Israel (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
ChinaN/A28.60%
IndiaN/A24.40%
United States106N/A0%
OthersN/AN/A0%
Total10653.0-50.0%

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

  1. India (5.0 tons)
  2. China (4.9 tons)

Source: IndexBox Market Intelligence Platform

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