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

Contents:

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

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

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $4,527 per ton in March 2022, almost unchanged from the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 an increase of 3.9% m-o-m. The export price peaked at $5,025 per ton in June 2021; however, from July 2021 to March 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In March 2022, the country with the highest price was Poland ($6,324 per ton), while the average price for exports to Russia amounted to $4,366 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-0.9%), while the prices for the other major destinations experienced a decline.

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

In March 2022, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $3,614 per ton, dropping by -32.8% against the previous month. In general, the import price showed a slight decline. The pace of growth was the most pronounced in August 2021 an increase of 22% m-o-m. The import price peaked at $5,576 per ton in January 2022; however, from February 2022 to March 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($6,879 per ton), while the price for Chile ($3,173 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 6.3K tons of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds were exported from Belarus; falling by -6.4% compared with the previous year. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports attained the peak of 6.8K tons, and then dropped in the following year.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds dropped to $29M in 2022. Over the period under review, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, the exports attained the peak of $33M, and then shrank in the following year.

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

1. United Arab Emirates (6.3K tons)

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

In 2022, the amount of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds imported into Belarus totaled 4.2K tons, surging by 4.9% compared with the previous year. In general, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds skyrocketed to $22M in 2022. Overall, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 43%.

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

1. Russia (2020.5 tons)
2. Ukraine (1263.9 tons)
3. Chile (749.4 tons)
4. China (117.0 tons)

Source: IndexBox Market Intelligence Platform