Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Chile - 2024

Contents:

  1. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile (CIF) - 2022
  2. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile (FOB) - 2022
  3. Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile
  4. Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile (CIF) - 2022

The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $107,000 per ton in 2022, jumping by 631% against the previous year. Over the period under review, the import price enjoyed significant growth. 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 the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +31.3% per year.

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile (FOB) - 2022

In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $13,225 per ton, remaining constant against the previous year. Over the period under review, the export price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2019 a decrease of -18.5% against the previous year. The export price peaked at $20,026 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,578 per ton), while the average price for exports to Malaysia ($2,517 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 Malaysia (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile

In 2022, the amount of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s imported into Chile shrank significantly to 1 kg, waning by -98.9% on 2021 figures. In general, imports continue to indicate a dramatic decrease. The smallest decline of -9.2% was in 2021.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s fell dramatically to $107 in 2022. Overall, imports continue to indicate a sharp decrease. The smallest decline of -7% was in 2021.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands54.07.05.010725.6%
Spain594445568N/A-2.2%
Germany73775.086.0N/A-65.8%
United States4,536823628N/A-62.8%
Taiwan (Chinese)36442.014.0N/A-80.4%
Others1.08.01.0N/A0.0%
Total6,2861,4001,302107-74.3%

Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Chile in 2022:

  1. Netherlands (1.0 kg)

Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile

For the third consecutive year, Chile recorded decline in shipments abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s, which decreased by 0% to 4.1 tons in 2022. Over the period under review, exports continue to indicate a dramatic decline. The smallest decline of -56.9% was in 2020.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $54K in 2022. Overall, exports showed a precipitous slump. The smallest decline of -65.1% was in 2020.

Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States303106N/A53.5-43.9%
United Kingdom2.10.6N/A0.2-54.3%
Others5.72.0N/A0.6-52.8%
Total311108N/A54.2-44.1%

Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Chile in 2022:

  1. United States (3.9 tons)

Source: IndexBox Market Intelligence Platform

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