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

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France (CIF) - 2023
  2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France (FOB) - 2023
  3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France
  4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France (CIF) - 2023

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $9,904 per ton in November 2023, with an increase of 9.5% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 20% against the previous month. Over the period under review, average import prices hit record highs at $11,142 per ton in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Ecuador ($14,508 per ton), while the price for India ($7,406 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Ecuador (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France (FOB) - 2023

In November 2023, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $11,399 per ton, which is down by -5.2% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 28% m-o-m. As a result, the export price reached the peak level of $12,049 per ton. From February 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Austria ($14,409 per ton), while the average price for exports to Spain ($8,631 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into France expanded rapidly to 4.6K tons, increasing by 11% on the previous year. Over the period under review, imports, however, continue to indicate a pronounced contraction.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses rose markedly to $44M in 2022. Overall, imports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium7.213.614.315.629.4%
Netherlands16.12.55.67.5-22.5%
Vietnam9.65.03.96.2-13.6%
India3.73.04.34.89.1%
SwedenN/A3.23.22.9-4.8%
Ecuador2.82.34.12.1-9.1%
Spain0.90.31.11.16.9%
Others10.23.63.33.8-28.0%
Total50.433.539.844.0-4.4%

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

  1. Belgium (1647.8 tons)
  2. Netherlands (689.6 tons)
  3. India (632.4 tons)
  4. Vietnam (588.1 tons)
  5. Sweden (299.5 tons)
  6. Ecuador (151.3 tons)
  7. Spain (126.9 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France

In 2022, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -5.2% to 1.4K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +7.2% over the period 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 with an increase of 36%. As a result, the exports reached the peak of 1.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses reduced dramatically to $14M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 36%. As a result, the exports attained the peak of $20M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.54.16.73.714.0%
Belgium1.31.52.52.524.4%
Austria2.13.12.72.33.1%
Spain0.90.60.91.210.1%
Ireland0.61.00.70.810.1%
Italy0.30.50.70.732.6%
Hungary0.60.70.80.60.0%
Switzerland1.01.51.30.5-20.6%
Czech Republic0.60.60.70.4-12.6%
United StatesN/A0.1N/A0.4100.0%
Netherlands0.10.10.30.344.2%
Luxembourg0.20.20.30.314.5%
Slovenia0.30.30.40.30.0%
Others4.25.40.30.6-47.7%
Total14.619.818.214.4-0.5%

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from France in 2022:

  1. Belgium (307.3 tons)
  2. Germany (291.5 tons)
  3. Austria (187.3 tons)
  4. Spain (140.2 tons)
  5. United States (84.8 tons)
  6. Ireland (78.6 tons)
  7. Hungary (60.0 tons)
  8. Italy (57.9 tons)
  9. Switzerland (36.1 tons)
  10. Czech Republic (34.0 tons)
  11. Slovenia (26.9 tons)
  12. Netherlands (26.7 tons)
  13. Luxembourg (24.1 tons)

Source: IndexBox Market Intelligence Platform

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