Price for Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers in Croatia - 2023

Contents:

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

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

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $7,548 per ton in 2022, with a decrease of -5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2013 when the average import price increased by 9.4%. Over the period under review, average import prices hit record highs at $7,982 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($11,614 per ton), while the price for Spain ($5,770 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $8,580 per ton, shrinking by -5.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 12%. As a result, the export price reached the peak level of $9,532 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Serbia ($9,157 per ton) and Bosnia and Herzegovina ($9,121 per ton), while the average price for exports to Montenegro ($7,474 per ton) and Slovenia ($8,229 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Croatia recorded growth in purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses, which increased by 21% to 277 tons in 2022. The total import volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses expanded notably to $2.1M in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Belgium (138.4 tons)
2. Romania (48.6 tons)
3. Spain (18.4 tons)
4. Austria (18.2 tons)
5. Netherlands (17.3 tons)
6. Germany (13.9 tons)
7. Slovenia (13.3 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses, when their volume decreased by -14.5% to 59 tons. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 69 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 fell markedly to $506K in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, the exports reached the peak of $629K, and then dropped significantly in the following year.

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

1. Slovenia (29.9 tons)
2. Bosnia and Herzegovina (15.2 tons)
3. Serbia (7.5 tons)
4. Montenegro (3.9 tons)
5. North Macedonia (1.5 tons)

Source: IndexBox Market Intelligence Platform