Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria - 2023

Contents:

1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria (CIF) - 2023
2. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria (FOB) - 2023
3. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria
4. Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria (CIF) - 2023

In October 2023, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $8,707 per ton, shrinking by -23.8% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 13% m-o-m. The import price peaked at $12,367 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($14,172 per ton), while the price for Vietnam totaled $6,349 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria (FOB) - 2023

In October 2023, the average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $14,740 per ton, approximately mirroring the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in February 2023 an increase of 25% month-to-month. As a result, the export price reached the peak level of $16,996 per ton. From March 2023 to October 2023, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was Switzerland ($14,915 per ton), while the average price for exports to Kyrgyzstan stood at $12,184 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria

In 2022, approx. 4.3K tons of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds were imported into Austria; which is down by -7% compared with the year before. In general, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds shrank to $46M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17%. As a result, imports reached the peak of $50M, and then contracted in the following year.

Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Austria in 2022:

1. Germany (1986.6 tons)
2. Netherlands (538.9 tons)
3. Spain (428.3 tons)
4. France (394.5 tons)
5. Denmark (343.0 tons)
6. Italy (219.5 tons)
7. Belgium (150.5 tons)
8. Vietnam (134.4 tons)

Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Austria

In 2022, approx. 270 tons of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds were exported from Austria; surging by 3.2% against the previous year. In general, exports, however, recorded a pronounced contraction. The growth pace was the most rapid in 2021 when exports increased by 6.3%.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds expanded markedly to $3.1M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 9.7% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Austria in 2022:

1. Germany (68.1 tons)
2. Czech Republic (47.5 tons)
3. Hungary (35.6 tons)
4. Italy (24.7 tons)
5. Greece (22.9 tons)
6. Slovakia (21.6 tons)
7. Romania (18.5 tons)
8. Switzerland (10.7 tons)
9. Poland (3.3 tons)

Source: IndexBox Market Intelligence Platform