Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Greece - 2023

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Greece (CIF) - 2023
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Greece (FOB) - 2022
3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Greece
4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Greece

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Greece (CIF) - 2023

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $8,407 per ton in September 2023, shrinking by -13.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 10% m-o-m. As a result, import price reached the peak level of $9,975 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($13,482 per ton), while the price for Denmark ($5,629 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $8,147 per ton, increasing by 5.7% against the previous year. In general, the export price showed a tangible expansion. The growth pace was the most rapid in 2014 when the average export price increased by 187% against the previous year. As a result, the export price reached the peak level of $12,786 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($8,205 per ton), while the average price for exports to Romania stood at $7,589 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses into Greece surged to 166 tons in 2022, with an increase of 27% compared with the previous year's figure. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses skyrocketed to $1.5M in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

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

1. Spain (81.2 tons)
2. Netherlands (35.4 tons)
3. Germany (20.9 tons)
4. Vietnam (16.5 tons)
5. Denmark (10.7 tons)
6. Italy (0.7 tons)
7. France (0.2 tons)

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

In 2022, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses from Greece surged to 2 tons, jumping by 5,785% on the previous year. In general, exports, however, showed a deep setback.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses soared to $16K in 2022. Overall, exports, however, faced a abrupt downturn.

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

1. Cyprus (1.8 tons)
2. Romania (0.2 tons)

Source: IndexBox Market Intelligence Platform