Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru - 2022

Contents:

  1. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru (FOB) - 2022
  2. Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru (CIF) - 2022
  3. Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru
  4. Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru (FOB) - 2022

In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $4,750 per ton, stabilizing at the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -13.7% against 2019 indices. The growth pace was the most rapid in 2014 when the average export price increased by 39%. The export price peaked at $5,506 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($39,457 per ton), while the average price for exports to China ($2,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+43.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru (CIF) - 2022

The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $860 per ton in 2022, rising by 11% against the previous year. Overall, the import price, however, showed a deep contraction. The growth pace was the most rapid in 2013 an increase of 699%. As a result, import price reached the peak level of $12,883 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +75.7% per year.

Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru

After two years of decline, overseas shipments of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s increased by 1.8% to 6.8 tons in 2022. Overall, exports, however, saw a dramatic downturn.

In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s expanded to $32K in 2022. In general, exports, however, recorded a significant decline.

Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A12.50%
China34.711.216.89.9-34.2%
Malaysia26.97.67.55.1-42.6%
Italy17.14.94.93.4-41.6%
United States9.02.82.41.4-46.2%
RussiaN/A6.3N/AN/A0%
Japan35.1N/AN/AN/A0%
Others1.40.30.20.1-58.5%
Total12433.131.832.4-36.1%

Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Peru in 2022:

  1. China (3.8 tons)
  2. United Kingdom (2.3 tons)
  3. Italy (0.4 tons)
  4. United States (0.2 tons)
  5. Malaysia (0.1 tons)

Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru

After three years of growth, purchases abroad of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -6.8% to 136 kg in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, imports attained the peak of 146 kg, and then contracted in the following year.

In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s expanded modestly to $117 in 2022. Overall, imports showed a pronounced slump.

Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea129121113117-3.2%
OthersN/AN/AN/AN/A0%
Total129121113117-3.2%

Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Peru in 2022:

  1. South Korea (136.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) - Peru