Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy - 2023
Contents:
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy (CIF) - 2023
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy (FOB) - 2023
- Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy
- Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy (CIF) - 2023
The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $3,531 per ton in October 2023, declining by -36.7% against the previous month. In general, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in November 2022 an increase of 21% against the previous month. The import price peaked at $6,129 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a 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 Indonesia ($9,865 per ton), while the price for Thailand ($2,337 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 the Netherlands (+3.3%), 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 Italy (FOB) - 2023
In October 2023, the average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $14,148 per ton, jumping by 41% 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.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Hong Kong SAR ($35,730 per ton), while the average price for exports to Albania ($3,865 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 States (+5.8%), 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 Italy
For the fourth year in a row, Italy recorded growth in supplies from abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds, which increased by 2.4% to 43K tons in 2022. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds fell slightly to $211M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports reached the peak of $214M, and then reduced in the following year.
| Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 35.3 | 34.2 | 43.6 | 46.0 | 9.2% |
| Vietnam | 18.7 | 20.6 | 29.6 | 38.4 | 27.1% |
| Chile | 22.7 | 26.3 | 26.8 | 29.6 | 9.3% |
| Netherlands | 21.5 | 17.9 | 24.2 | 25.2 | 5.4% |
| Denmark | 14.8 | 13.5 | 18.4 | 13.1 | -4.0% |
| Thailand | 5.0 | 5.2 | 6.8 | 8.0 | 17.0% |
| Turkey | 7.1 | 5.8 | 5.5 | 7.9 | 3.6% |
| France | 7.2 | 5.7 | 8.1 | 7.2 | 0.0% |
| Peru | 3.8 | 4.6 | 10.0 | 6.8 | 21.4% |
| Belgium | 6.0 | 5.1 | 5.9 | 4.2 | -11.2% |
| Others | 19.8 | 25.7 | 35.5 | 24.6 | 7.5% |
| Total | 162 | 165 | 214 | 211 | 9.2% |
Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Italy in 2022:
- Vietnam (12.0K tons)
- Chile (10.1K tons)
- Spain (7.3K tons)
- Thailand (2.7K tons)
- Netherlands (2.4K tons)
- Turkey (1.6K tons)
- Peru (1.2K tons)
- Denmark (1.2K tons)
- France (0.9K tons)
- Belgium (0.5K tons)
Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy
In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds exported from Italy reached 7.1K tons, increasing by 11% compared with the previous year's figure. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds contracted modestly to $63M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $64M, and then declined slightly in the following year.
| Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.0 | 13.7 | 16.4 | 16.2 | 10.5% |
| France | 12.0 | 10.7 | 15.0 | 15.2 | 8.2% |
| Switzerland | 3.5 | 2.9 | 5.3 | 5.0 | 12.6% |
| United Kingdom | 6.1 | 5.1 | 3.9 | 3.4 | -17.7% |
| Spain | 1.5 | 2.6 | 2.2 | 3.4 | 31.4% |
| Belgium | 1.2 | 1.7 | 3.3 | 3.2 | 38.7% |
| United States | 1.8 | 2.0 | 3.8 | 2.8 | 15.9% |
| Austria | 1.7 | 1.5 | 2.2 | 2.5 | 13.7% |
| Romania | 1.2 | 1.7 | 2.0 | 1.6 | 10.1% |
| Malta | 1.0 | 0.9 | 1.1 | 1.2 | 6.3% |
| Croatia | 0.6 | 0.6 | 0.8 | 0.8 | 10.1% |
| Others | 5.9 | 6.0 | 8.1 | 7.5 | 8.3% |
| Total | 48.6 | 49.4 | 64.2 | 62.8 | 8.9% |
Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Italy in 2022:
- Germany (1878.7 tons)
- France (1371.8 tons)
- Spain (990.8 tons)
- Switzerland (337.6 tons)
- Belgium (297.8 tons)
- United Kingdom (293.6 tons)
- Romania (252.1 tons)
- Austria (244.0 tons)
- United States (233.0 tons)
- Malta (223.2 tons)
- Croatia (115.7 tons)
287
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Italy.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
287
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Italy.
514
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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