Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ethiopia - 2022

Contents:

  1. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ethiopia (CIF) - 2022
  2. Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ethiopia

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ethiopia (CIF) - 2022

In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $8,767 per ton, approximately reflecting the previous year. Overall, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 78%. The import price peaked at $8,855 per ton in 2021, and then reduced in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +51.6% per year.

Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ethiopia

In 2022, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s into Ethiopia fell notably to 884 kg, which is down by -48.7% compared with 2021 figures. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 4,100%. As a result, imports attained the peak of 1.7 tons, and then contracted markedly in the following year.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s reduced notably to $7.8K in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 5,975%. As a result, imports reached the peak of $15K, and then contracted remarkably in the following year.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.50.3N/A7.8149.9%
United Arab EmiratesN/AN/A15.2N/A0%
OthersN/AN/AN/AN/A0%
Total0.50.315.27.8149.9%

Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Ethiopia in 2022:

  1. China (884.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) - Ethiopia