Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France - 2023

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France (CIF) - 2023
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France (FOB) - 2023
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France (CIF) - 2023

In September 2023, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $10,602 per ton, dropping by -2.2% against the previous month. Overall, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in June 2023 an increase of 26% month-to-month. As a result, import price reached the peak level of $12,036 per ton. From July 2023 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Guatemala ($15,706 per ton), while the price for the UK ($6,333 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Thailand (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France (FOB) - 2023

In September 2023, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $13,495 per ton, reducing by -1.8% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 7.6% against the previous month. Over the period under review, the average export prices attained the peak figure at $14,186 per ton in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the UK ($33,398 per ton), while the average price for exports to Democratic Republic of the Congo ($7,673 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses imported into France stood at 7.9K tons, picking up by 13% on 2021 figures. The total import volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses amounted to $86M in 2022. The total import value increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12.125.929.828.432.9%
Vietnam19.018.117.521.13.6%
Germany5.213.514.411.931.8%
Belgium1.22.83.36.171.9%
India3.62.93.74.36.1%
Denmark4.74.43.53.0-13.9%
Spain1.52.53.02.924.6%
Portugal0.30.50.50.2-12.6%
Others13.63.33.88.1-15.9%
Total61.273.879.586.012.0%

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

  1. Netherlands (2081.0 tons)
  2. Vietnam (1946.6 tons)
  3. Germany (1127.6 tons)
  4. India (637.4 tons)
  5. Belgium (578.3 tons)
  6. Spain (426.0 tons)
  7. Denmark (245.1 tons)
  8. Portugal (66.1 tons)

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

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -15.2% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, the exports reached the peak of 1.9K tons, and then dropped sharply in the following year.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses fell dramatically to $22M in 2022. The total export value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of $27M, and then dropped significantly in the following year.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.110.813.28.5-2.2%
Belgium3.84.24.23.7-0.9%
Italy1.51.41.92.417.0%
Austria1.11.51.91.920.0%
Switzerland1.01.32.11.39.1%
United Kingdom0.10.11.01.1122.4%
Ireland0.91.31.51.16.9%
Others0.91.11.51.723.6%
Total18.421.727.221.75.7%

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

  1. Germany (869.7 tons)
  2. Belgium (202.1 tons)
  3. Italy (192.1 tons)
  4. Austria (121.5 tons)
  5. Switzerland (62.2 tons)
  6. Ireland (49.5 tons)
  7. United Kingdom (34.7 tons)

Source: IndexBox Market Intelligence Platform

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