Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica (FOB) - 2022
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica (CIF) - 2022
  3. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica
  4. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica (FOB) - 2022

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $20,645 per ton, with a decrease of -29.7% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average export price increased by 45%. The export price peaked at $29,358 per ton in 2021, and then reduced rapidly in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($23,539 per ton), while the average price for exports to Luxembourg amounted to $17,145 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica (CIF) - 2022

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $5,649 per ton, reducing by -14.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum at $12,640 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,500 per ton), while the price for Spain ($2,000 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 (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses was finally on the rise to reach 654 kg after two years of decline. In general, exports, however, saw a precipitous shrinkage.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses soared to $14K in 2022. Over the period under review, exports, however, recorded a dramatic decrease.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria22.339.95.18.4-27.8%
LuxembourgN/AN/AN/A5.10%
France8.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total31.039.95.113.5-24.2%

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Costa Rica in 2022:

  1. Austria (358.0 kg)
  2. Luxembourg (296.0 kg)

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica

For the third consecutive year, Costa Rica recorded decline in overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses, which decreased by -5.7% to 410 kg in 2022. Overall, imports recorded a abrupt descent. The smallest decline of -4.8% was in 2021.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses dropped dramatically to $2.3K in 2022. Over the period under review, imports faced a precipitous shrinkage. The smallest decline of -19.8% was in 2021.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A1,762909-48.4%
Vietnam4,1492,979817908-39.7%
United States11682.020638649.3%
Germany36027580.095.0-35.9%
Ecuador67625121.016.0-71.3%
Others24.013.03.02.0-56.3%
Total5,3253,6002,8892,316-24.2%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Costa Rica in 2022:

  1. China (174.0 kg)
  2. Vietnam (171.0 kg)
  3. United States (49.0 kg)
  4. Germany (10.0 kg)
  5. Ecuador (5.0 kg)

Source: IndexBox Market Intelligence Platform

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