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

Contents:

1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Slovakia (CIF) - 2023
2. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Slovakia (FOB) - 2022
3. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Slovakia
4. Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Slovakia

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

In August 2023, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $11,905 per ton, jumping by 30% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($49,776 per ton), while the price for the Netherlands ($7,555 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+14.0%), 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 Slovakia (FOB) - 2022

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $5,883 per ton in 2022, dropping by -32% against the previous year. Overall, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $10,516 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($41,459 per ton), while the average price for exports to Hungary ($3,806 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 Romania (+20.3%), 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 Slovakia

In 2022, purchases abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds decreased by -5.8% to 211 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of 253 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds reduced modestly to $1.8M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 31%. As a result, imports attained the peak of $2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Czech Republic (55.0 tons)
2. Spain (29.0 tons)
3. Italy (26.2 tons)
4. Germany (25.0 tons)
5. Denmark (20.7 tons)
6. Austria (14.7 tons)
7. Slovenia (13.3 tons)
8. Poland (9.5 tons)

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

In 2022, shipments abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds increased by 39% to 8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous setback.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds fell to $47K in 2022. In general, exports, however, recorded a precipitous descent.

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

1. Hungary (5.6 tons)
2. Germany (1.0 tons)
3. Poland (0.6 tons)
4. Czech Republic (0.4 tons)
5. Austria (0.2 tons)

Source: IndexBox Market Intelligence Platform