Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal - 2023
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal (CIF) - 2023
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal (FOB) - 2023
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal (CIF) - 2023
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $8,563 per ton in September 2023, rising by 3.9% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 26% month-to-month. As a result, import price reached the peak level of $10,665 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($17,443 per ton), while the price for Spain ($8,008 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+1.2%), 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 Portugal (FOB) - 2023
In September 2023, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $5,944 per ton, dropping by -9.8% against the previous month. Over the period under review, the export price saw a noticeable shrinkage. The growth pace was the most rapid in May 2023 when the average export price increased by 18% month-to-month. The export price peaked at $10,262 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was France ($7,352 per ton), while the average price for exports to the United States ($3,242 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.9%), 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 Portugal
In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Portugal amounted to 1.2K tons, remaining relatively unchanged against 2021 figures. Over the period under review, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 157%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $10M in 2022. Overall, imports showed buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 139% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.5 | 2.5 | 7.1 | 6.6 | 6.3% |
| Vietnam | 1.1 | 1.1 | 1.7 | 2.7 | 34.9% |
| Guatemala | N/A | 0.1 | 0.6 | 0.8 | 182.8% |
| Others | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Total | 6.8 | 4.0 | 9.6 | 10.4 | 15.2% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Portugal in 2022:
- Spain (881.8 tons)
- Vietnam (244.5 tons)
- Guatemala (62.1 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal
Exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses from Portugal soared to 1.1K tons in 2022, picking up by 95% against 2021 figures. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses soared to $7.2M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,434 | 1,303 | 2,041 | 3,171 | 30.3% |
| France | 148 | 368 | 345 | 2,921 | 170.2% |
| Belgium | 77.1 | 75.3 | 78.6 | 219 | 41.6% |
| United States | 161 | 131 | 200 | 197 | 7.0% |
| Switzerland | 85.8 | 111 | 132 | 154 | 21.5% |
| United Kingdom | 2.1 | 7.3 | 97.4 | 148 | 313.1% |
| Italy | 58.4 | 84.8 | N/A | 99.0 | 19.2% |
| Germany | 312 | 10.0 | 9.5 | 13.4 | -65.0% |
| Others | 207 | 188 | 253 | 229 | 3.4% |
| Total | 2,485 | 2,278 | 3,156 | 7,150 | 42.2% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Portugal in 2022:
- France (408.6 tons)
- Spain (341.9 tons)
- Belgium (70.8 tons)
- United States (51.3 tons)
- Switzerland (45.1 tons)
- United Kingdom (35.8 tons)
- Italy (30.5 tons)
- Germany (3.1 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Portugal.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
419
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Portugal.
536
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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