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

Contents:

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

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

The average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $6,656 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 99% against the previous year. As a result, the export price attained the peak level of $13,509 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +118.4% per year.

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

In 2022, the average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $7,400 per ton, surging by 12% against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2019 an increase of 53% against the previous year. The import price peaked at $9,875 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($10,200 per ton), while the price for South Africa ($1,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+63.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas shipments of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -8.4% to 678 kg in 2022. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 20%.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s dropped to $4.5K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%.

Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore3.44.14.94.59.8%
OthersN/AN/AN/AN/A0%
Total3.44.14.94.59.8%

Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Tanzania in 2022:

  1. Singapore (678.0 kg)

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

Imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s into Tanzania amounted to 10 kg in 2022, almost unchanged from the year before. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 25%.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s expanded markedly to $74 in 2022. Overall, imports continue to indicate a deep downturn.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom66.055.046.051.0-8.2%
China21.018.016.019.0-3.3%
South Africa9.06.04.04.0-23.7%
OthersN/AN/AN/AN/A0%
Total96.079.066.074.0-8.3%

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

  1. United Kingdom (5.0 kg)
  2. South Africa (3.0 kg)
  3. China (2.0 kg)

Source: IndexBox Market Intelligence Platform

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