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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $9,639 per ton, increasing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2013 an increase of 23%. Over the period under review, average import prices reached the peak figure at $9,972 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Russia ($11,113 per ton), while the price for China ($6,301 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), 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 Kazakhstan (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $23,924 per ton, waning by -22.1% against the previous year. In general, the export price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2020 when the average export price increased by 177% against the previous year. The export price peaked at $30,707 per ton in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($24,938 per ton), while the average price for exports to Kyrgyzstan amounted to $7,578 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+57.1%).

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

For the fourth year in a row, Kazakhstan recorded growth in purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which increased by 38% to 212 tons in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 47%. 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 $2M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Russia (143.2 tons)
2. China (60.3 tons)
3. Belarus (4.0 tons)
4. Vietnam (4.0 tons)

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

In 2022, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses from Kazakhstan surged to 3.9 tons, jumping by 29% compared with the previous year. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 107% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $92K in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 474% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Russia (3.6 tons)
2. Kyrgyzstan (0.2 tons)

Source: IndexBox Market Intelligence Platform