Price for Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers in Norway - 2024
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway (CIF) - 2024
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway (FOB) - 2024
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway
- Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway (CIF) - 2024
In January 2024, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $12,475 per ton, waning by -2.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 8.2% against the previous month. As a result, import price attained the peak level of $13,568 per ton. From June 2023 to January 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($17,558 per ton), while the price for Greenland ($10,982 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Denmark (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway (FOB) - 2024
In January 2024, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $11,739 per ton, picking up by 5.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices reached the peak figure at $11,868 per ton in October 2023; however, from November 2023 to January 2024, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($17,831 per ton), while the average price for exports to Sweden ($11,374 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway
Imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into Norway fell to 4.3K tons in 2022, waning by -8.3% against the previous year's figure. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 8.9% against the previous year. As a result, imports reached the peak of 4.7K tons, and then fell in the following year.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses dropped to $53M in 2022. In general, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8%.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 14.3 | 15.3 | 17.2 | 18.3 | 8.6% |
| Canada | 14.2 | 10.6 | 11.6 | 12.7 | -3.7% |
| Denmark | 6.9 | 7.4 | 7.5 | 6.9 | 0.0% |
| Sweden | 4.4 | 2.3 | 3.2 | 4.6 | 1.5% |
| Greenland | 3.2 | 5.8 | 5.0 | 3.0 | -2.1% |
| Estonia | 2.5 | 1.4 | 1.5 | 2.3 | -2.7% |
| United States | 5.5 | 2.6 | 2.5 | 2.2 | -26.3% |
| Others | 4.9 | 5.3 | 6.6 | 2.7 | -18.0% |
| Total | 56.0 | 50.8 | 55.3 | 52.5 | -2.1% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Norway in 2022:
- Vietnam (1531.5 tons)
- Canada (1011.8 tons)
- Denmark (617.7 tons)
- Sweden (331.2 tons)
- United States (236.4 tons)
- Greenland (233.1 tons)
- Estonia (114.9 tons)
Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway
In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses was finally on the rise to reach 357 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a relatively flat trend pattern.
In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses surged to $4.2M in 2022. Over the period under review, exports, however, continue to indicate a deep contraction.
| Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 4.5 | 3.8 | 3.4 | 3.8 | -5.5% |
| Estonia | N/A | N/A | N/A | 0.1 | 0% |
| Denmark | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Finland | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 5.0 | 4.1 | 3.6 | 4.2 | -5.6% |
Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Norway in 2022:
- Sweden (327.4 tons)
- Denmark (11.8 tons)
- Estonia (7.7 tons)
- Finland (4.3 tons)
240
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Norway.
523
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
240
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Norway.
523
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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