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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $12,803 per ton, dropping by -12.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 22%. Over the period under review, average import prices reached the maximum at $15,501 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Malaysia ($14,094 per ton), while the price for India ($7,734 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+34.8%), 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 Norway (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $13,096 per ton, declining by -55.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 100% against the previous year. As a result, the export price reached the peak level of $29,250 per ton, and then declined significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($21,899 per ton), while the average price for exports to Sweden amounted to $11,881 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Norway skyrocketed to 71 tons, with an increase of 59% on the year before. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, imports reached the peak of 72 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses soared to $904K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 106%. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. Vietnam (36.5 tons)
2. Denmark (26.9 tons)
3. Malaysia (4.5 tons)
4. India (2.3 tons)

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

After two years of decline, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses increased by 47,225% to 1.9 tons in 2022. Overall, exports, however, continue to indicate a abrupt descent.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $25K in 2022. Over the period under review, exports, however, saw a deep slump.

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

1. Sweden (1636.0 kg)
2. Denmark (228.0 kg)

Source: IndexBox Market Intelligence Platform