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

Contents:

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

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

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $6,798 per ton in 2022, which is down by -36.7% against the previous year. In general, the export price, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 85%. Over the period under review, the average export prices reached the maximum at $14,213 per ton in 2020; however, from 2021 to 2022, the 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 Canada ($12,800 per ton), while the average price for exports to Democratic People's Republic of Korea ($1,351 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 China (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $1,068 per ton, falling by -83.1% against the previous year. Over the period under review, the import price saw a abrupt slump. The growth pace was the most rapid in 2014 when the average import price increased by 153% against the previous year. As a result, import price attained the peak level of $14,666 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 South Africa ($6,532 per ton), while the price for Somalia ($198 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds from Tanzania surged to 77 tons in 2022, picking up by 405% on 2021 figures. Overall, exports showed 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 $521K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 281% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Turkey (27.7 tons)
2. Democratic People's Republic of Korea (14.5 tons)
3. China (11.8 tons)
4. Malaysia (8.2 tons)
5. Hong Kong SAR (5.0 tons)
6. Portugal (4.9 tons)
7. Mali (3.0 tons)

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

In 2022, purchases abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds was finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a significant expansion. 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 soared to $12K in 2022. Over the period under review, imports, however, recorded a dramatic setback.

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

1. Somalia (8.6 tons)
2. China (2.0 tons)
3. South Africa (0.5 tons)
4. United Arab Emirates (0.2 tons)

Source: IndexBox Market Intelligence Platform