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

Contents:

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

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

In 2022, the average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $9,106 per ton, picking up by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2013 an increase of 33% against the previous year. As a result, the export price reached the peak level of $9,485 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($13,108 per ton), while the average price for exports to Colombia ($6,478 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 the Netherlands (+5.8%), 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 Ecuador (CIF) - 2022

The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $5,162 per ton in 2022, declining by -3.2% against the previous year. Overall, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 an increase of 59% against the previous year. As a result, import price reached the peak level of $8,818 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($35,134 per ton), while the price for Chile ($3,361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.6%), while the prices for the other major suppliers experienced a decline.

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

For the fourth consecutive year, Ecuador recorded growth in shipments abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds, which increased by 29% to 9.2K tons in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds surged to $84M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 128%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.721.739.966.068.9%
Chile2.02.17.44.934.8%
NetherlandsN/A0.22.53.4312.3%
Spain0.40.11.12.686.6%
Argentina0.80.32.01.626.0%
Colombia0.1N/A0.70.9108.0%
Russia1.50.20.1N/A-74.2%
Others1.30.43.54.450.1%
Total20.025.157.283.761.2%

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

  1. United States (7.5K tons)
  2. Chile (0.5K tons)
  3. Netherlands (0.3K tons)
  4. Spain (0.3K tons)
  5. Argentina (0.2K tons)
  6. Colombia (0.1K tons)

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

In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds imported into Ecuador reached 162 tons, surging by 8.2% against 2021. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $838K in 2022. In general, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 90% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33921043950414.1%
Chile16293.6164119-9.8%
India36.155.552.896.838.9%
Spain27460.073.861.2-39.3%
Others0.92.271.058.1301.2%
Total8124228018381.1%

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

  1. United States (97.6 tons)
  2. Chile (35.3 tons)
  3. India (24.3 tons)
  4. Spain (1.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Crustaceans, molluscs and other aquatic invertebrates, prepared or preserved - Ecuador