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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $11,660 per ton, falling by -3.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 54% against the previous year. The import price peaked at $15,753 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($25,412 per ton), while the price for the Philippines ($4,941 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.5%), 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 Japan (FOB) - 2022

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $18,400 per ton in 2022, waning by -3.5% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -3.6% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 68%. Over the period under review, the average export prices attained the peak figure at $19,089 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($36,127 per ton), while the average price for exports to Thailand ($10,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+16.3%), 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 Japan

After three years of growth, overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -5.8% to 269 tons in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% 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 +40.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of 286 tons, and then fell in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses contracted to $3.1M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $3.4M, and then declined in the following year.

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

1. Thailand (183.0 tons)
2. Vietnam (66.5 tons)
3. Philippines (17.8 tons)

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

In 2022, overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses increased by 16% to 21 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt curtailment.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses totaled $387K in 2022. In general, exports, however, faced a abrupt shrinkage.

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

1. Hong Kong SAR (14.0 tons)
2. Singapore (2.8 tons)
3. United Arab Emirates (1.2 tons)
4. United States (1.2 tons)
5. China (0.9 tons)
6. Taiwan (Chinese) (0.3 tons)
7. Thailand (0.2 tons)

Source: IndexBox Market Intelligence Platform