Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Algeria - 2022
Contents:
- Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Algeria (CIF) - 2022
- Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Algeria
Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Algeria (CIF) - 2022
The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $15,433 per ton in 2022, increasing by 12% against the previous year. Overall, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 49%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($17,438 per ton), while the price for China amounted to $15,402 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.4%).
Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Algeria
After three years of growth, overseas purchases of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -97.3% to 607 kg in 2022. Over the period under review, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 359%. As a result, imports attained the peak of 22 tons, and then fell rapidly in the following year.
In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses fell rapidly to $9.4K in 2022. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 584% against the previous year. As a result, imports attained the peak of $309K, and then dropped remarkably in the following year.
| Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.3 | 45.2 | 301 | 9.1 | -19.3% |
| Turkey | N/A | N/A | 7.7 | 0.3 | -96.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.3 | 45.2 | 309 | 9.4 | -18.4% |
Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Algeria in 2022:
- China (590.0 kg)
- Turkey (16.0 kg)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Algeria.
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