Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt - 2023
Contents:
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt (FOB) - 2022
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt (CIF) - 2022
- Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt
- Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt (FOB) - 2022
In 2022, the average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $11,207 per ton, waning by -8.3% against the previous year. Overall, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 122%. Over the period under review, the average export prices attained the maximum at $12,226 per ton in 2021, and then reduced in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($11,411 per ton), while the average price for exports to the United States stood at $11,182 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+20.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt (CIF) - 2022
The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $11,288 per ton in 2022, increasing by 113% against the previous year. In general, the import price recorded a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.8% per year.
Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt
In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds exported from Egypt skyrocketed to 170 tons, rising by 28% against 2021. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 52%. As a result, the exports attained the peak of 346 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds skyrocketed to $1.9M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 237% against the previous year. As a result, the exports reached the peak of $3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 148 | 2,262 | 697 | 1,692 | 125.3% |
| Morocco | 46.1 | 140 | 111 | 210 | 65.8% |
| Sweden | 607 | 559 | 792 | N/A | 14.2% |
| Others | 78.9 | N/A | 24.3 | 0.1 | -89.2% |
| Total | 880 | 2,962 | 1,624 | 1,902 | 29.3% |
Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Egypt in 2022:
- United States (151.3 tons)
- Morocco (18.4 tons)
Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt
After three years of growth, supplies from abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds decreased by 99.9% to 1.8 tons in 2022. In general, imports saw a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 25%.
In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds fell markedly to $20K in 2022. Overall, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 21%.
| Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 82.8 | 102 | 119 | N/A | 19.9% |
| Others | 2.4 | 1.2 | 1.8 | N/A | -13.4% |
| Total | 85.2 | 103 | 121 | N/A | 19.2% |
Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Egypt in 2022:
- Indonesia (1783.0 kg)
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