Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Sweden - 2023

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Sweden (CIF) - 2023
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Sweden (FOB) - 2023
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Sweden
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Sweden

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Sweden (CIF) - 2023

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $14,070 per ton in September 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 6.8% m-o-m. The import price peaked at $14,820 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Albania ($17,365 per ton), while the price for Morocco ($2,251 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 the Netherlands (+8.1%), 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 Sweden (FOB) - 2023

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $13,273 per ton in September 2023, surging by 5.2% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 9.3% against the previous month. Over the period under review, the average export prices reached the peak figure at $13,730 per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the United States ($27,375 per ton), while the average price for exports to the UK ($11,898 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 Germany (+6.6%), 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 Sweden

In 2022, purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -33.7% to 3.7K tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 1.5% against the previous year. As a result, imports attained the peak of 5.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses declined sharply to $44M in 2022. Over the period under review, imports saw a drastic downturn. The smallest decline of -1.4% was in 2021.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark25.614.418.518.3-10.6%
Bulgaria10.911.713.511.20.9%
Germany1.11.43.74.863.4%
AlbaniaN/AN/A1.93.373.7%
Netherlands1.21.91.92.120.5%
Estonia4.22.71.91.7-26.0%
Vietnam0.50.50.51.337.5%
Norway23.829.017.8N/A-13.5%
Others0.91.82.81.723.6%
Total68.363.362.444.4-13.4%

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

  1. Denmark (1765.3 tons)
  2. Bulgaria (664.9 tons)
  3. Germany (556.5 tons)
  4. Albania (214.5 tons)
  5. Netherlands (153.7 tons)
  6. Estonia (120.1 tons)
  7. Vietnam (80.1 tons)
  8. Norway (3.2 tons)

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

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -81.4% to 328 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2020 with an increase of 27%. As a result, the exports reached the peak of 2.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses dropped dramatically to $3.5M in 2022. Overall, exports showed a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, the exports reached the peak of $24M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland2.43.32.41.8-9.1%
Denmark4.51.20.90.3-59.5%
United States0.30.20.30.2-12.6%
Germany0.90.70.90.2-39.4%
Italy1.21.42.30.1-56.3%
Taiwan (Chinese)0.10.10.10.10.0%
PolandN/A0.10.30.10.0%
France1.83.62.80.1-61.8%
United Kingdom0.40.1N/A0.1-37.0%
Belgium0.60.30.20.1-45.0%
Norway0.10.10.20.10.0%
Spain0.30.40.70.1-30.7%
Netherlands5.09.93.6N/A-15.1%
Others3.12.61.40.2-59.9%
Total20.724.016.03.5-44.7%

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

  1. Finland (179.3 tons)
  2. Germany (29.5 tons)
  3. Denmark (18.4 tons)
  4. Belgium (16.5 tons)
  5. France (16.4 tons)
  6. United States (10.8 tons)
  7. Spain (10.2 tons)
  8. Poland (8.7 tons)
  9. Taiwan (Chinese) (6.5 tons)
  10. United Kingdom (6.5 tons)
  11. Norway (6.4 tons)
  12. Italy (4.7 tons)

Source: IndexBox Market Intelligence Platform

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