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

Contents:

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

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

In 2022, the average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $10,167 per ton, picking up by 86% against the previous year. Overall, the import price recorded a strong expansion. The import price peaked at $11,670 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +8.4% per year.

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

In 2022, purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -81.8% to 502 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. As a result, imports attained the peak of 11 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, not in airtight containerses contracted sharply to $5.1K in 2022. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. As a result, imports reached the peak of $68K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.123.314.55.1-27.0%
Norway31.144.4N/AN/A42.8%
South Korea0.20.30.5N/A58.1%
OthersN/AN/AN/AN/A0%
Total44.468.015.05.1-51.4%

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

  1. United States (502.0 kg)

Source: IndexBox Market Intelligence Platform

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