Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Brazil - 2024

Contents:

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

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

In 2022, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $8,351 per ton, jumping by 103% against the previous year. Overall, the export price, however, saw a abrupt decrease. The export price peaked at $20,904 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($11,343 per ton), while the average price for exports to Hong Kong SAR ($2,733 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 Malta (+67.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -69.4% to 487 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, the exports attained the peak of 3.9 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses fell rapidly to $4.1K in 2022. Overall, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 49% against the previous year. As a result, the exports reached the peak of $14K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Brazil (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama1,6245,5201,5891,087-12.5%
Marshall Islands1,7461,7241,462682-26.9%
Singapore2,8202,1361,875522-43.0%
Malta11947059939749.4%
PortugalN/A189N/A30126.2%
Hong Kong SAR1,4031,08015782.0-61.2%
PakistanN/AN/AN/A72.00%
Norway346770N/A27.0-57.3%
Bosnia and Herzegovina109981N/AN/A800.0%
Philippines146162270N/A36.0%
Others1,2791,288584897-11.2%
Total9,59214,3206,5364,067-24.9%

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

  1. Panama (163.0 kg)
  2. Marshall Islands (75.0 kg)
  3. Singapore (56.0 kg)
  4. Malta (35.0 kg)
  5. Portugal (31.0 kg)
  6. Hong Kong SAR (30.0 kg)
  7. Pakistan (26.0 kg)
  8. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform

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