Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela (CIF) - 2022
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela (FOB) - 2022
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $12,685 per ton in 2022, growing by 16% against the previous year. Over the period under review, the import price recorded prominent growth. Over the period under review, average import prices attained the peak figure at $13,433 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).

From 2013 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +13.3% per year.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $10,730 per ton, leveling off at the previous year. Overall, the export price continues to indicate a mild slump. The pace of growth appeared the most rapid in 2020 an increase of 37%. Over the period under review, the average export prices attained the peak figure at $12,512 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($15,000 per ton), while the average price for exports to the Czech Republic ($5,845 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 Mauritius (+1.8%), while the prices for the other major destinations experienced a decline.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela

In 2022, purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -47.7% to 2.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a abrupt decline.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses shrank markedly to $34K in 2022. Overall, imports showed a abrupt setback.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/A5.533.4507.3%
Spain53.9N/A0.5N/A-90.4%
VietnamN/AN/A49.2N/A0%
OthersN/AN/AN/A0.10%
Total53.9N/A55.233.5-14.7%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Venezuela in 2022:

  1. Taiwan (Chinese) (2.6 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela

Exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses from Venezuela soared to 1.3 tons in 2022, jumping by 61% against 2021. In general, exports posted 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 crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses surged to $14K in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 60%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A13.40%
Czech Republic5.43.58.91.0-43.0%
SloveniaN/A2.1N/AN/A0%
Mauritius0.40.10.1N/A-50.0%
OthersN/AN/AN/AN/A0%
Total5.85.69.014.435.4%

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Venezuela in 2022:

  1. Austria (1175.0 kg)
  2. Czech Republic (168.0 kg)
  3. Mauritius (1.0 kg)
  4. Slovenia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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