Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ethiopia - 2022
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ethiopia (CIF) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Ethiopia
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Ethiopia (CIF) - 2022
The average import price for crustacean preparations; lobster, prepared or preserveds stood at $14,474 per ton in 2022, approximately equating the previous year. Overall, the import price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2020 an increase of 29% against the previous year. Over the period under review, average import prices attained the maximum at $32,429 per ton in 2015; however, from 2016 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 the United Arab Emirates ($17,602 per ton), while the price for China amounted to $619 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-5.6%).
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Ethiopia
In 2022, supplies from abroad of crustacean preparations; lobster, prepared or preserveds decreased by 0% to 114 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,783%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds reached $1.6K in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 2,339%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 65.0 | 1,569 | 1,630 | 1,637 | 193.1% |
| China | 2.0 | 65.0 | 12.0 | 13.0 | 86.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 67.0 | 1,634 | 1,642 | 1,650 | 190.9% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Ethiopia in 2022:
- United Arab Emirates (93.0 kg)
- China (21.0 kg)
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