Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK - 2024
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK (CIF) - 2024
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK (FOB) - 2024
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK (CIF) - 2024
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $10,086 per ton in August 2023, approximately equating the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 4% month-to-month. As a result, import price reached the peak level of $10,638 per ton. From May 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Iceland ($14,442 per ton), while the price for Indonesia ($5,175 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Iceland (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK (FOB) - 2024
In August 2023, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $6,476 per ton, dropping by -9.8% against the previous month. Overall, the export price showed a pronounced decrease. The growth pace was the most rapid in July 2023 an increase of 31% against the previous month. The export price peaked at $10,520 per ton in February 2023; however, from March 2023 to August 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From January 2023 to August 2023, the rate of growth in terms of prices for Iceland amounted to 0.0% per month.
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK
In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into the UK surged to 13K tons, rising by 34% compared with the year before. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses skyrocketed to $131M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 23.5 | 34.1 | 36.6 | 47.3 | 26.3% |
| Greenland | N/A | N/A | 0.5 | 45.5 | 9000.0% |
| Indonesia | 7.0 | 3.9 | 7.2 | 9.2 | 9.5% |
| Thailand | 4.6 | 4.6 | 4.6 | 4.7 | 0.7% |
| Denmark | 42.7 | 48.9 | 22.4 | 4.2 | -53.8% |
| Honduras | 4.4 | 5.3 | 4.1 | 3.5 | -7.3% |
| Netherlands | 5.8 | 4.7 | 3.7 | 3.1 | -18.8% |
| Canada | 0.2 | 2.8 | 0.7 | 3.0 | 146.6% |
| India | 5.1 | 5.1 | 2.9 | 3.0 | -16.2% |
| Germany | 3.7 | 4.8 | 2.9 | 0.4 | -52.4% |
| Belgium | N/A | N/A | 12.7 | N/A | 0% |
| Others | 2.3 | 3.2 | 1.9 | 7.0 | 44.9% |
| Total | 99.3 | 117 | 100 | 131 | 9.7% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to the UK in 2022:
- Greenland (5.3K tons)
- Vietnam (3.9K tons)
- Indonesia (1.2K tons)
- Denmark (0.5K tons)
- Thailand (0.4K tons)
- Canada (0.3K tons)
- India (0.3K tons)
- Honduras (0.2K tons)
- Netherlands (0.1K tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK
After three years of growth, overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -46.6% to 727 tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 327%. As a result, the exports reached the peak of 1.4K tons, and then fell dramatically in the following year.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses shrank markedly to $6.6M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 201% against the previous year. As a result, the exports attained the peak of $11M, and then shrank notably in the following year.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 43.3 | 941 | 6,859 | 2,979 | 309.8% |
| France | 720 | 612 | 1,435 | 1,362 | 23.7% |
| Germany | 6.5 | N/A | 4.5 | 527 | 332.8% |
| Ireland | 1,335 | 1,050 | 559 | 291 | -39.8% |
| Denmark | 7.4 | 14.7 | N/A | 282 | 236.5% |
| South Korea | N/A | N/A | N/A | 236 | 0% |
| Ukraine | N/A | N/A | 146 | 211 | 44.5% |
| Belgium | N/A | 0.6 | 1,006 | N/A | 167566.7% |
| Switzerland | 313 | 72.6 | N/A | N/A | -76.8% |
| Iceland | 350 | 273 | 441 | N/A | 12.2% |
| Others | 654 | 609 | 307 | 683 | 1.5% |
| Total | 3,428 | 3,572 | 10,757 | 6,571 | 24.2% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from the UK in 2022:
- Netherlands (376.1 tons)
- France (123.5 tons)
- Germany (50.9 tons)
- Denmark (35.4 tons)
- Ukraine (33.8 tons)
- South Korea (21.6 tons)
- Ireland (21.4 tons)
248
This report provides an in-depth analysis of the market for prepared or preserved crab meat in the UK.
514
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
248
This report provides an in-depth analysis of the market for prepared or preserved crab meat in the UK.
514
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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