Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria - 2022

Contents:

  1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria (CIF) - 2022
  2. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria (FOB) - 2022
  3. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria
  4. Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria (CIF) - 2022

The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $6,294 per ton in 2022, declining by -31.9% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 83%. As a result, import price reached the peak level of $12,005 per ton. From 2021 to 2022, the average 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 ($87,667 per ton), while the price for Spain ($2,786 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria (FOB) - 2022

In 2022, the average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $3,026 per ton, reducing by -20.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price decreased by -7% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,089 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2015 to 2022, the rate of growth in terms of prices for Gabon amounted to 0.0% per year.

Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria

After three years of growth, purchases abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds decreased by -98.2% to 1.6 tons in 2022. Overall, imports saw a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 1,771%.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds fell sharply to $10K in 2022. Over the period under review, imports recorded a precipitous contraction. The growth pace was the most rapid in 2020 when imports increased by 3,323%. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.21,0918299.9-31.0%
Others2.529.832.90.4-45.7%
Total32.71,12186210.3-32.0%

Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Algeria in 2022:

  1. China (1591.0 kg)

Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria

Exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds from Algeria declined rapidly to 1.4 tons in 2022, dropping by -46.2% on the year before. Over the period under review, exports faced a sharp reduction. The smallest decline of -31.6% was in 2021.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds dropped notably to $4.2K in 2022. In general, exports continue to indicate a dramatic decline. The smallest decline of -36.4% was in 2021.

Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Algeria (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
South KoreaN/AN/A4.20%
Spain15.4N/AN/A0%
GabonN/A9.8N/A0%
OthersN/AN/AN/A0%
Total15.49.84.2-47.8%

Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Algeria in 2022:

  1. South Korea (1.4 tons)

Source: IndexBox Market Intelligence Platform

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