Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus (FOB) - 2022
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus (CIF) - 2022
  3. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus
  4. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus (FOB) - 2022

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $7,354 per ton in March 2022, waning by -1.5% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 an increase of 2.7% month-to-month. As a result, the export price reached the peak level of $7,885 per ton. From October 2021 to March 2022, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In March 2022, the country with the highest price was Kazakhstan ($9,235 per ton), while the average price for exports to Russia ($7,276 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $7,412 per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 14%. Over the period under review, average import prices hit record highs at $9,009 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.4% per year.

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus

In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses exported from Belarus dropped to 441 tons, which is down by -10.9% against 2021. In general, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of 495 tons, and then declined in the following year.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses fell to $3.4M in 2022. Over the period under review, exports saw a pronounced decline. The growth pace was the most rapid in 2021 when exports increased by 41%. As a result, the exports reached the peak of $3.8M, and then contracted in the following year.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.92.03.13.12.2%
Ukraine0.50.40.40.1-41.5%
Others0.20.20.30.1-20.6%
Total3.62.73.83.4-1.9%

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Belarus in 2022:

  1. Russia (412.0 tons)
  2. Ukraine (10.7 tons)

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus

In 2022, approx. 121 tons of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses were imported into Belarus; remaining stable against 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. As a result, imports attained the peak of 126 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses totaled $895K in 2022. Over the period under review, total imports indicated a strong 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. Based on 2022 figures, imports decreased by -0.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, imports reached the peak of $898K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia60489878889313.9%
LithuaniaN/AN/A49.21.8-96.3%
FranceN/AN/A39.5N/A0%
Others0.30.31.9N/A151.7%
Total60589887889513.9%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Belarus in 2022:

  1. Russia (120.5 tons)
  2. Lithuania (0.2 tons)

Source: IndexBox Market Intelligence Platform

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