Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Brazil - 2023

Contents:

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

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $8,296 per ton in 2022, approximately reflecting the previous year. In general, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 92% against the previous year. The import price peaked at $15,274 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,275 per ton), while the price for Thailand stood at $4,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-6.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, supplies from abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -8.5% to 2.2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 143% against the previous year. As a result, imports reached the peak of 2.4 tons, and then shrank in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses dropped to $18K in 2022. Over the period under review, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 63%. As a result, imports attained the peak of $20K, and then declined in the following year.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.010.218.116.833.9%
Thailand1.00.80.70.5-20.6%
Others2.81.21.10.8-34.1%
Total10.812.219.918.118.8%

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

  1. United States (2027.0 kg)
  2. Thailand (124.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers - Brazil