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

Contents:

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

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

The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $12,729 per ton in October 2023, picking up by 12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The import price peaked at $13,010 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Albania ($17,771 per ton), while the price for Vietnam ($7,867 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 Morocco (+1.4%), 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 Sweden (FOB) - 2023

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $17,198 per ton in October 2023, rising by 66% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Norway ($17,311 per ton), while the average price for exports to Iceland ($17,157 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 Iceland (+2.5%), 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 Sweden

In 2022, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds into Sweden fell to 19K tons, which is down by -1.5% on 2021 figures. Over the period under review, imports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of 5.5%.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds reached $208M in 2022. Overall, imports, however, saw mild growth. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark56.641.354.457.70.6%
Norway53.753.345.543.0-7.1%
Albania22.719.227.734.715.2%
Bulgaria23.423.223.419.2-6.4%
Morocco6.98.612.79.410.9%
Estonia6.96.87.27.21.4%
Vietnam3.84.35.17.123.2%
Turkey4.75.84.36.08.5%
Germany1.21.64.25.263.0%
China7.97.65.94.7-15.9%
Poland2.61.91.92.2-5.4%
Others12.011.213.911.9-0.3%
Total2021852062081.0%

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

  1. Denmark (5.8K tons)
  2. Norway (4.6K tons)
  3. Albania (2.3K tons)
  4. Bulgaria (1.1K tons)
  5. Poland (0.7K tons)
  6. Morocco (0.7K tons)
  7. Vietnam (0.6K tons)
  8. Germany (0.6K tons)
  9. Turkey (0.5K tons)
  10. Estonia (0.4K tons)
  11. China (0.3K tons)

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

In 2022, overseas shipments of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds decreased by -2.3% to 3.3K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 6.7%. As a result, the exports attained the peak of 4.1K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds declined slightly to $34M in 2022. In general, exports recorded a deep downturn.

Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland5.65.76.06.65.6%
Norway6.13.53.85.4-4.0%
Netherlands6.610.03.83.9-16.1%
France3.24.75.03.85.9%
Denmark6.23.13.02.6-25.1%
Italy2.02.23.42.23.2%
Estonia3.22.41.91.7-19.0%
Lithuania0.60.70.91.535.7%
Germany1.71.41.61.3-8.6%
Latvia1.00.80.80.8-7.2%
Belgium1.10.70.60.8-10.1%
Spain0.80.71.20.80.0%
Others2.62.12.02.1-6.9%
Total40.637.833.933.6-6.1%

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

  1. Finland (666.5 tons)
  2. Netherlands (506.7 tons)
  3. France (403.5 tons)
  4. Norway (394.6 tons)
  5. Italy (211.0 tons)
  6. Denmark (172.2 tons)
  7. Lithuania (160.4 tons)
  8. Estonia (160.0 tons)
  9. Germany (149.2 tons)
  10. Spain (95.8 tons)
  11. Latvia (92.0 tons)
  12. Belgium (87.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Crustaceans, molluscs and other aquatic invertebrates, prepared or preserved - Sweden