Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh - 2022

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh (FOB) - 2022
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh (CIF) - 2022
3. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh
4. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh (FOB) - 2022

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $6,919 per ton in 2022, growing by 7.9% against the previous year. In general, the export price, however, recorded a perceptible descent. The export price peaked at $9,135 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($11,766 per ton), while the average price for exports to Germany ($5,530 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 the UK (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $8,906 per ton in 2022, picking up by 80% against the previous year. Overall, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 83%. The import price peaked at $9,934 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Singapore ($11,770 per ton), while the price for Thailand totaled $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.0%), while the prices for the other major suppliers experienced a decline.

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh

In 2022, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses from Bangladesh declined to 2.2K tons, with a decrease of -10.6% on the previous year. Overall, exports saw a pronounced decline. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. As a result, the exports attained the peak of 2.5K tons, and then contracted in the following year.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses reduced to $16M in 2022. Over the period under review, exports saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when exports increased by 11%.

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Bangladesh in 2022:

1. Netherlands (494.2 tons)
2. United Kingdom (188.1 tons)
3. Germany (180.8 tons)
4. United States (120.0 tons)
5. Russia (90.3 tons)
6. Belgium (61.1 tons)
7. Denmark (48.5 tons)
8. Italy (45.8 tons)
9. Ukraine (30.5 tons)
10. Romania (26.3 tons)
11. Austria (24.5 tons)
12. Switzerland (15.0 tons)
13. Poland (5.9 tons)

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Bangladesh

In 2022, approx. 160 kg of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were imported into Bangladesh; with a decrease of -88.5% compared with the previous year's figure. Overall, imports faced a dramatic shrinkage. The smallest decline of -62.2% was in 2021.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses declined remarkably to $1.4K in 2022. In general, imports continue to indicate a sharp curtailment. The smallest decline of -44.2% was in 2021.

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Bangladesh in 2022:

1. Singapore (61.0 kg)
2. Thailand (2.0 kg)

Source: IndexBox Market Intelligence Platform