Price for Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers in Ecuador - 2022
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador (FOB) - 2022
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador (CIF) - 2022
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador (FOB) - 2022
The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $8,678 per ton in 2022, surging by 16% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 an increase of 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,422 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($14,848 per ton), while the average price for exports to Colombia ($6,446 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 Italy (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador (CIF) - 2022
In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $6,397 per ton, shrinking by -37.9% against the previous year. In general, the import price recorded a perceptible descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 114% against the previous year. The import price peaked at $22,943 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +6.5% per year.
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador
In 2022, approx. 8.4K tons of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses were exported from Ecuador; with an increase of 32% compared with the previous year's figure. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 49% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses soared to $73M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.9 | 40.1 | 30.1 | 61.7 | 43.5% |
| Chile | 0.7 | 0.4 | 0.2 | 2.5 | 52.9% |
| Spain | 0.7 | N/A | 0.9 | 2.2 | 46.5% |
| Argentina | 1.2 | 0.7 | 1.7 | 1.6 | 10.1% |
| Colombia | 0.2 | 0.8 | 0.6 | 0.9 | 65.1% |
| Italy | 4.1 | 4.3 | 1.4 | N/A | -41.6% |
| Others | 21.5 | 18.3 | 12.9 | 4.1 | -42.4% |
| Total | 49.2 | 64.5 | 47.7 | 72.9 | 14.0% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Ecuador in 2022:
- United States (7.1K tons)
- Chile (0.3K tons)
- Spain (0.3K tons)
- Argentina (0.2K tons)
- Colombia (0.1K tons)
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador
Imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into Ecuador declined remarkably to 5.1 tons in 2022, which is down by -69% against 2021 figures. In general, imports saw a significant curtailment. The smallest decline of -12.6% was in 2020.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses contracted notably to $32K in 2022. Overall, imports faced a dramatic descent. The smallest decline of -13% was in 2020.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 253 | 222 | 168 | 32.4 | -49.6% |
| Others | 2.5 | N/A | N/A | N/A | 0% |
| Total | 255 | 222 | 168 | 32.4 | -49.7% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Ecuador in 2022:
- United States (5.1 tons)
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