Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK - 2023
Contents:
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK (CIF) - 2023
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK (FOB) - 2023
- Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK
- Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK (CIF) - 2023
The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $9,886 per ton in November 2023, surging by 6.8% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $10,800 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($11,370 per ton), while the price for Chile ($4,055 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+2.7%), 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 the UK (FOB) - 2023
The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $12,414 per ton in November 2023, with an increase of 11% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 33% against the previous month. Over the period under review, the average export prices hit record highs at $13,560 per ton in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($18,020 per ton), while the average price for exports to Ireland ($6,824 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.7%), 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 the UK
Imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds into the UK was estimated at 46K tons in 2022, surging by 3.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 6.7%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds expanded modestly to $457M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 7.4% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 98.0 | 119 | 112 | 143 | 13.4% |
| Greenland | 1.0 | N/A | 1.9 | 52.7 | 274.9% |
| Canada | 48.0 | 38.4 | 59.9 | 50.6 | 1.8% |
| Iceland | 43.6 | 39.9 | 40.6 | 43.3 | -0.2% |
| Honduras | 23.7 | 25.8 | 29.0 | 27.0 | 4.4% |
| Indonesia | 23.8 | 16.9 | 25.2 | 26.9 | 4.2% |
| Norway | 25.7 | 12.0 | 18.8 | 25.1 | -0.8% |
| China | 7.0 | 7.2 | 6.7 | 12.9 | 22.6% |
| Denmark | 54.5 | 59.9 | 49.2 | 9.9 | -43.4% |
| Chile | 4.2 | 6.9 | 7.7 | 8.7 | 27.5% |
| Spain | 4.7 | 4.7 | 3.4 | 8.2 | 20.4% |
| India | 9.5 | 11.3 | 8.3 | 7.5 | -7.6% |
| Malaysia | 6.1 | 4.6 | 7.5 | 6.7 | 3.2% |
| Others | 63.0 | 59.6 | 66.3 | 34.0 | -18.6% |
| Total | 413 | 406 | 436 | 457 | 3.4% |
Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to the UK in 2022:
- Vietnam (12.0K tons)
- Greenland (6.0K tons)
- Canada (4.6K tons)
- Iceland (4.6K tons)
- Norway (2.8K tons)
- Chile (2.6K tons)
- Indonesia (2.5K tons)
- Honduras (2.0K tons)
- China (1.7K tons)
- Denmark (1.1K tons)
- Malaysia (1.0K tons)
- Spain (1.0K tons)
- India (0.9K tons)
Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK
In 2022, approx. 7.7K tons of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds were exported from the UK; falling by -9.7% against the year before. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 0.7%.
In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds contracted to $87M in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, the exports reached the peak of $100M, and then shrank in the following year.
| Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 26.0 | 25.5 | 28.6 | 23.9 | -2.8% |
| Spain | 23.1 | 21.0 | 28.1 | 22.3 | -1.2% |
| France | 6.1 | 2.9 | 15.7 | 17.2 | 41.3% |
| Netherlands | 2.4 | 9.4 | 10.3 | 5.5 | 31.8% |
| China | 2.9 | 2.3 | 2.4 | 3.1 | 2.2% |
| Ireland | 9.6 | 8.7 | 5.0 | 2.7 | -34.5% |
| Vietnam | 0.5 | 0.3 | 0.6 | 2.3 | 66.3% |
| Denmark | 4.1 | 1.0 | 1.6 | 1.3 | -31.8% |
| Germany | 5.0 | 5.8 | N/A | 0.5 | -53.6% |
| Others | 9.5 | 9.1 | 7.5 | 7.7 | -6.8% |
| Total | 89.1 | 86.1 | 99.8 | 86.7 | -0.9% |
Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from the UK in 2022:
- South Korea (2363.6 tons)
- Spain (1611.9 tons)
- France (997.3 tons)
- Netherlands (751.4 tons)
- China (474.0 tons)
- Ireland (310.6 tons)
- Vietnam (238.0 tons)
- Denmark (127.6 tons)
- Germany (51.3 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in the UK.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
246
This report provides an in-depth analysis of the market for prepared or preserved crab meat in the UK.
512
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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