Price for Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers in Azerbaijan - 2023

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Azerbaijan (CIF) - 2022
  2. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Azerbaijan

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Azerbaijan (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $7,825 per ton in 2022, increasing by 18% against the previous year. Overall, the import price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2016 an increase of 95%. Over the period under review, average import prices reached the peak figure at $13,452 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($13,069 per ton), while the price for Russia ($4,878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+22.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Azerbaijan

In 2022, the amount of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses imported into Azerbaijan surged to 55 tons, rising by 57% compared with 2021 figures. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses surged to $430K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15411315635732.3%
Vietnam1.619.84.632.0171.4%
Russia2.622.125.826.3116.3%
India2.11.90.710.872.6%
Thailand14.719.013.7N/A-3.5%
Others10.725.431.34.3-26.2%
Total18520123243032.5%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Azerbaijan in 2022:

  1. China (45.8 tons)
  2. Russia (5.4 tons)
  3. Vietnam (2.5 tons)
  4. India (0.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers - Azerbaijan