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

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Mexico (CIF) - 2024
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Mexico (FOB) - 2022
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Mexico
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Mexico

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Mexico (CIF) - 2024

In August 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $3,186 per ton, increasing by 1.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $3,224 per ton in February 2023; afterwards, it flattened through to August 2023.

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

From February 2023 to August 2023, the rate of growth in terms of prices for China amounted to -0.2% per month.

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $12,670 per ton, shrinking by -16.7% against the previous year. Over the period under review, the export price, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 67%. The export price peaked at $22,486 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.7% per year.

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

In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Mexico fell sharply to 2.9K tons, declining by -23.8% compared with 2021 figures. In general, imports showed a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. As a result, imports attained the peak of 3.8K tons, and then fell markedly in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses dropped sharply to $10M in 2022. Over the period under review, imports showed a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.317.624.910.1-31.4%
United States0.50.71.9N/A94.9%
OthersN/AN/AN/AN/A0%
Total31.918.326.710.1-31.8%

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

  1. China (2.9K tons)

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

For the fourth consecutive year, Mexico recorded growth in overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which increased by 41% to 128 tons in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $1.6M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 124% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.41.01.41.658.7%
OthersN/AN/AN/AN/A0%
Total0.51.01.41.647.4%

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

  1. United States (127.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containers - Mexico