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

Contents:

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

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

In October 2023, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $6,716 per ton, shrinking by -7.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 14% m-o-m. Over the period under review, average import prices hit record highs at $9,184 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Canada ($14,941 per ton), while the price for Chile ($3,295 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (+3.0%), 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 France (FOB) - 2023

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $14,546 per ton in October 2023, rising by 39% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($25,710 per ton), while the average price for exports to Mauritius ($4,631 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.8%), 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 France

In 2022, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds into France stood at 48K tons, with an increase of 4% on 2021. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $335M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain43.948.456.458.39.9%
Netherlands42.335.742.942.1-0.2%
Belgium22.533.133.840.121.2%
Vietnam36.832.626.535.6-1.1%
Chile27.227.230.527.90.9%
Germany11.121.623.319.520.7%
United Kingdom2.71.316.518.690.3%
Romania11.714.019.817.714.8%
Italy10.18.411.411.33.8%
India7.55.88.09.06.3%
Denmark7.57.77.66.4-5.1%
Ireland3.32.64.74.17.5%
Others56.034.942.444.5-7.4%
Total2832733243355.8%

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

  1. Spain (14.2K tons)
  2. Chile (9.0K tons)
  3. Belgium (4.2K tons)
  4. Netherlands (3.4K tons)
  5. Vietnam (3.4K tons)
  6. Germany (2.1K tons)
  7. Romania (1.9K tons)
  8. United Kingdom (1.4K tons)
  9. Ireland (1.3K tons)
  10. India (1.3K tons)
  11. Italy (1.0K tons)
  12. Denmark (0.8K tons)

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

In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds exported from France fell to 8.6K tons, which is down by -3.5% against the previous year's figure. Overall, exports saw a slight reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 2.3%.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds shrank to $90M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 6.1% against the previous year. As a result, the exports reached the peak of $102M, and then reduced in the following year.

Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.333.337.928.02.1%
Belgium12.913.714.713.31.0%
Austria5.27.17.46.57.7%
United States4.03.65.05.813.2%
Italy8.74.65.05.6-13.7%
Switzerland4.86.26.85.01.4%
Spain3.42.43.33.51.0%
United Kingdom7.69.63.82.9-27.5%
Netherlands1.71.32.02.716.7%
Ireland1.72.42.52.17.3%
Romania4.51.60.71.3-33.9%
Others10.910.713.112.95.8%
Total91.796.410289.7-0.7%

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

  1. Germany (3058.1 tons)
  2. Belgium (1098.8 tons)
  3. United States (591.1 tons)
  4. Austria (549.3 tons)
  5. Italy (504.9 tons)
  6. Spain (412.1 tons)
  7. Switzerland (357.5 tons)
  8. Netherlands (347.2 tons)
  9. Romania (218.3 tons)
  10. United Kingdom (191.1 tons)
  11. Ireland (138.9 tons)

Source: IndexBox Market Intelligence Platform

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