Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Egypt - 2022
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Egypt (FOB) - 2022
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Egypt
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Egypt (FOB) - 2022
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $9,680 per ton in 2022, growing by 3.2% against the previous year. In general, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices reached the maximum at $9,940 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($11,033 per ton), while the average price for exports to the United States stood at $4,048 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+13.9%).
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Egypt
In 2022, overseas shipments of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were finally on the rise to reach 26 tons after two years of decline. Overall, exports recorded a buoyant expansion. 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, not in airtight containerses skyrocketed to $248K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 142 | 138 | 113 | 228 | 17.1% |
| United States | N/A | N/A | N/A | 20.1 | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 142 | 138 | 113 | 248 | 20.4% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Egypt in 2022:
- Morocco (20.7 tons)
- United States (5.0 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Egypt.
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