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

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Germany (CIF) - 2023
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Germany (FOB) - 2023
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Germany
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Germany

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Germany (CIF) - 2023

In November 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $11,732 per ton, growing by 16% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($16,793 per ton), while the price for India ($6,762 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), 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 Germany (FOB) - 2023

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $13,582 per ton in November 2023, surging by 18% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 34% against the previous month. As a result, the export price attained the peak level of $17,047 per ton. From February 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($18,925 per ton), while the average price for exports to the Czech Republic ($8,768 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+9.2%), 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 Germany

For the third consecutive year, Germany recorded decline in overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses, which decreased by -4.3% to 9.5K tons in 2022. Over the period under review, imports showed a drastic downturn. The smallest decline of -1.6% was in 2020.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses reduced to $97M in 2022. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 0.7% against the previous year. As a result, imports attained the peak of $119M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam32.821.522.133.10.3%
Netherlands24.936.131.023.6-1.8%
Honduras12.015.814.710.3-5.0%
Belgium25.120.915.89.0-29.0%
France2.65.86.85.024.4%
Indonesia3.43.55.23.61.9%
Poland0.93.51.42.540.6%
Denmark2.42.52.22.40.0%
Thailand5.42.51.11.1-41.2%
Bangladesh1.71.20.70.9-19.1%
Others7.25.87.95.0-11.4%
Total11811910996.6-6.5%

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

  1. Vietnam (3349.0 tons)
  2. Netherlands (2104.8 tons)
  3. Honduras (1022.8 tons)
  4. Belgium (809.0 tons)
  5. Poland (452.9 tons)
  6. France (437.4 tons)
  7. Denmark (303.9 tons)
  8. Indonesia (255.9 tons)
  9. Bangladesh (162.2 tons)
  10. Thailand (117.4 tons)

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

Exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses from Germany reduced slightly to 1.6K tons in 2022, with a decrease of -3.5% compared with 2021. In general, exports showed a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 9.5% against the previous year.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses shrank to $17M in 2022. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 6.8% against the previous year.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria5.55.97.27.29.4%
Poland1.61.61.61.5-2.1%
Denmark1.61.10.41.4-4.4%
Netherlands1.00.70.30.8-7.2%
France0.90.51.10.6-12.6%
Spain1.30.61.20.6-22.7%
Romania0.50.40.70.50.0%
Italy0.80.70.70.5-14.5%
Belgium0.50.60.60.50.0%
Czech Republic0.50.30.30.4-7.2%
United StatesN/A0.10.30.4100.0%
Ireland0.40.60.20.40.0%
Switzerland0.90.70.60.3-30.7%
Others3.52.62.51.9-18.4%
Total18.916.417.617.0-3.5%

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

  1. Austria (580.7 tons)
  2. Poland (243.3 tons)
  3. Denmark (126.2 tons)
  4. Spain (85.6 tons)
  5. Netherlands (75.5 tons)
  6. Romania (51.3 tons)
  7. France (45.0 tons)
  8. Italy (43.6 tons)
  9. Belgium (42.5 tons)
  10. Czech Republic (39.8 tons)
  11. United States (33.6 tons)
  12. Ireland (30.1 tons)
  13. Switzerland (29.5 tons)

Source: IndexBox Market Intelligence Platform

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