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

Contents:

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

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

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $7,897 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price showed a noticeable descent. The growth pace was the most rapid in 2016 an increase of 17% against the previous year. Over the period under review, the average export prices hit record highs at $12,267 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($13,865 per ton), while the average price for exports to the Czech Republic ($6,013 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 Jamaica (+0.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $12,536 per ton, growing by 14% against the previous year. Over the period under review, the import price showed noticeable growth. The pace of growth appeared the most rapid in 2013 an increase of 104%. Over the period under review, average import prices hit record highs at $25,083 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($28,447 per ton), while the price for Germany ($9,517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, Peru recorded decline in overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, which decreased by -8% to 110 tons in 2022. Over the period under review, exports saw a abrupt curtailment.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses dropped to $872K in 2022. Overall, exports showed a deep reduction. The smallest decline of -9.4% was in 2020.

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

1. United States (56.9 tons)
2. Czech Republic (46.5 tons)
3. Austria (7.0 tons)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses, when their volume decreased by -17.4% to 12 tons. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +47.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses declined to $154K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% 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 +78.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year.

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

1. Ecuador (7.3 tons)
2. Vietnam (4.8 tons)
3. China (0.1 tons)

Source: IndexBox Market Intelligence Platform