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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $12,061 per ton, picking up by 14% against the previous year. Overall, the import price showed a buoyant expansion. The growth pace was the most rapid in 2018 when the average import price increased by 79%. The import price peaked at $14,114 per ton in 2020; however, from 2021 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 Netherlands ($16,608 per ton), while the price for South Korea ($6,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses increased by 317% to 29 tons in 2022. In general, imports recorded a significant increase. As a result, imports reached 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 $352K in 2022. Over the period under review, imports posted resilient growth. As a result, imports reached 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 Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates64.636.230.423052.7%
Turkey20.411.08.861.344.3%
Netherlands49.525.05.248.9-0.4%
South Korea13.12.60.411.3-4.8%
ChinaN/AN/A16.4N/A0%
Others60.626.312.8N/A-54.0%
Total20810174.035219.2%

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

  1. United Arab Emirates (18.1 tons)
  2. Turkey (6.3 tons)
  3. Netherlands (2.9 tons)
  4. South Korea (1.8 tons)

Source: IndexBox Market Intelligence Platform

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