Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India - 2023
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India (FOB) - 2023
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India (CIF) - 2023
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India (FOB) - 2023
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $7,976 per ton in November 2023, remaining relatively unchanged against the previous month. Overall, the export price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in July 2023 an increase of 20% against the previous month. As a result, the export price reached the peak level of $10,020 per ton. From August 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 the United States ($8,319 per ton), while the average price for exports to Belgium ($3,660 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 the Dominican Republic (+3.3%), 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 India (CIF) - 2023
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $9,579 per ton in June 2023, increasing by 3.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 11% month-to-month. As a result, import price attained the peak level of $9,842 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From August 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.7% per month.
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India
After three years of growth, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -20.4% to 10K tons in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 13%.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses reduced remarkably to $90M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 13%.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.2 | 76.2 | 74.0 | 70.2 | 6.4% |
| Canada | 4.2 | 3.7 | 11.5 | 8.9 | 28.4% |
| France | 2.8 | 2.3 | 4.4 | 2.7 | -1.2% |
| Belgium | 2.6 | 1.0 | 1.9 | 1.6 | -14.9% |
| Israel | 2.1 | 0.3 | 0.7 | 0.1 | -63.8% |
| South Africa | 4.1 | 4.3 | 4.3 | N/A | 2.4% |
| Others | 17.6 | 15.9 | 16.5 | 6.8 | -27.2% |
| Total | 91.5 | 104 | 113 | 90.4 | -0.4% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from India in 2022:
- United States (7.5K tons)
- Canada (1.0K tons)
- France (0.5K tons)
- Belgium (0.3K tons)
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India
In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses imported into India surged to 89 tons, rising by 470% on 2021 figures. Overall, imports saw a significant increase. 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 surged to $882K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.4 | 34.5 | 70.2 | 882 | 270.1% |
| Denmark | N/A | 44.5 | N/A | N/A | 0% |
| France | 19.9 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 28.9 | 31.7 | 14.7 | N/A | -28.7% |
| Israel | N/A | 15.3 | N/A | N/A | 0% |
| Canada | 34.3 | 4.6 | 18.6 | N/A | -26.4% |
| Others | 107 | 52.5 | 21.8 | N/A | -54.9% |
| Total | 208 | 183 | 125 | 882 | 61.9% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to India in 2022:
- United States (89.3 tons)
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