Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Indonesia - 2022
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia (FOB) - 2022
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia (CIF) - 2022
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia (FOB) - 2022
The average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $37,196 per ton in 2022, surging by 48% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2016 an increase of 174% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
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 South Korea ($111,604 per ton), while the average price for exports to Saudi Arabia ($1,733 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+53.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia (CIF) - 2022
The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $9,593 per ton in 2022, remaining constant against the previous year. Overall, the import price posted a pronounced increase. The growth pace was the most rapid in 2016 when the average import price increased by 128% against the previous year. Over the period under review, average import prices hit record highs at $15,927 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($25,167 per ton), while the price for Malaysia stood at $4,074 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+20.2%).
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia
In 2022, approx. 1.2K tons of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s were exported from Indonesia; picking up by 184% compared with 2021. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,450% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s skyrocketed to $46M in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 3,615%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.1 | N/A | 3.8 | 14.2 | 421.7% |
| Canada | N/A | 0.1 | 2.5 | 11.3 | 963.0% |
| Belgium | N/A | N/A | 0.9 | 5.3 | 488.9% |
| Singapore | 0.1 | N/A | 1.1 | 4.7 | 260.9% |
| South Korea | N/A | N/A | 0.7 | 3.2 | 357.1% |
| Japan | N/A | N/A | 0.5 | 2.4 | 380.0% |
| Saudi Arabia | N/A | N/A | 0.1 | 0.5 | 400.0% |
| United States | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.1 | N/A | 1.4 | 4.8 | 263.4% |
| Total | 0.4 | 0.3 | 11.0 | 46.2 | 387.0% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Indonesia in 2022:
- Saudi Arabia (292.0 tons)
- Taiwan (Chinese) (281.5 tons)
- Canada (234.9 tons)
- Japan (127.1 tons)
- Belgium (116.1 tons)
- Singapore (80.7 tons)
- South Korea (28.5 tons)
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia
After two years of decline, supplies from abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s increased by 17% to 9.4 tons in 2022. Overall, imports, however, recorded a abrupt descent.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s surged to $90K in 2022. Over the period under review, imports, however, saw a abrupt curtailment.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 93.3 | 75.9 | 49.0 | 59.8 | -13.8% |
| Malaysia | 21.3 | 24.5 | 24.8 | 28.3 | 9.9% |
| Others | 2.6 | 3.1 | 2.2 | 1.7 | -13.2% |
| Total | 117 | 104 | 76.1 | 89.8 | -8.4% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Indonesia in 2022:
- Malaysia (7.0 tons)
- Taiwan (Chinese) (2.4 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Indonesia.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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