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

Contents:

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

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

The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $7,893 per ton in 2022, falling by -2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2018 an increase of 23%. As a result, import price reached the peak level of $8,636 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($11,001 per ton), while the price for Canada ($3,480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.8%), 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 Israel (FOB) - 2022

In 2022, the average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $5,463 per ton, growing by 104% against the previous year. Overall, the export price, however, recorded a pronounced decrease. Over the period under review, the average export prices hit record highs at $9,358 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,061 per ton), while the average price for exports to China ($5,354 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 the United States (+148.0%).

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

For the fourth year in a row, Israel recorded growth in purchases abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds, which increased by 30% to 2.3K tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds surged to $18M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Vietnam (1433.1 tons)
2. Thailand (173.9 tons)
3. Germany (136.7 tons)
4. India (122.8 tons)
5. Canada (87.1 tons)
6. New Zealand (84.2 tons)
7. Philippines (61.4 tons)
8. China (30.9 tons)

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

For the fourth consecutive year, Israel recorded growth in shipments abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds, which increased by 2,874% to 12 tons in 2022. Overall, 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 surged to $64K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. China (9.9 tons)
2. United States (1.2 tons)
3. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform