Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran - 2022

Contents:

  1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran (FOB) - 2022
  2. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran (CIF) - 2022
  3. Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran
  4. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran (FOB) - 2022

In 2022, the average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $2,609 per ton, dropping by -20.8% against the previous year. Over the period under review, the export price recorded a abrupt descent. The growth pace was the most rapid in 2014 when the average export price increased by 72%. Over the period under review, the average export prices hit record highs at $7,394 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($9,058 per ton), while the average price for exports to the United Arab Emirates ($1,938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran (CIF) - 2022

The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $4,638 per ton in 2022, falling by -39.1% against the previous year. In general, the import price showed a pronounced curtailment. The pace of growth was the most pronounced in 2013 an increase of 19% against the previous year. The import price peaked at $9,520 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +13.6% per year.

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

In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds exported from Iran skyrocketed to 108 tons, picking up by 64% on the previous year. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds skyrocketed to $283K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 49%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates14.11.725.4154121.9%
Kuwait22.212717111774.0%
Oman57.61.518.11.3-71.7%
SpainN/A25.2N/AN/A0%
Germany11.01.6N/AN/A-85.5%
OthersN/AN/A3.89.8157.9%
Total10515721828339.2%

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

  1. United Arab Emirates (79.7 tons)
  2. Kuwait (27.5 tons)
  3. Oman (0.1 tons)

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

In 2022, purchases abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds decreased by -68.9% to 20 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 968%.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds declined significantly to $94K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 812% against the previous year.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates28.7N/A48993.348.1%
AustriaN/A262N/AN/A0%
OthersN/AN/A5.80.3-94.8%
Total28.726249593.648.3%

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

  1. United Arab Emirates (20.1 tons)

Source: IndexBox Market Intelligence Platform

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