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

Contents:

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

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $1,091 per ton, which is down by -15.7% against the previous year. Overall, the export price showed a deep contraction. The export price peaked at $32,000 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -15.2% per year.

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

For the third year in a row, Iran recorded growth in shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses, which increased by 11% to 1.2 tons in 2022. Overall, total exports indicated a significant increase from 2020 to 2022: its volume increased at an average annual rate of +23.8% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses reduced to $1.3K in 2022. Over the period under review, exports, however, showed a abrupt slump.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Iran (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Arab EmiratesN/AN/A1.30%
KuwaitN/A1.4N/A0%
Oman1.5N/AN/A0%
OthersN/AN/AN/A0%
Total1.51.41.3-6.9%

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

  1. United Arab Emirates (1.2 tons)

Source: IndexBox Market Intelligence Platform

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