Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia - 2023

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia (CIF) - 2022
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia (FOB) - 2022
3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia
4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $9,618 per ton in 2022, growing by 6.2% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses increased by +26.6% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 58% against the previous year. The import price peaked at $10,691 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Hungary ($24,938 per ton), while the price for Germany ($6,909 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+94.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia (FOB) - 2022

The average export price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $9,308 per ton in 2022, rising by 146% against the previous year. Overall, the export price, however, recorded a pronounced contraction. The export price peaked at $25,347 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,320 per ton), while the average price for exports to the Czech Republic totaled $4,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.7%), while the prices for the other major destinations experienced a decline.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia

In 2022, supplies from abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses decreased by -30% to 43 tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. As a result, imports reached the peak of 90 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses reduced markedly to $415K in 2022. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 45%. As a result, imports attained the peak of $830K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Slovakia in 2022:

1. Denmark (18.7 tons)
2. Germany (8.7 tons)
3. Czech Republic (8.0 tons)
4. Netherlands (3.3 tons)
5. France (1.7 tons)
6. Austria (1.7 tons)
7. Hungary (1.0 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Slovakia

After two years of decline, shipments abroad of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses increased by 325% to 1 tons in 2022. Over the period under review, exports, however, continue to indicate a sharp decrease.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses soared to $9.5K in 2022. Overall, exports, however, faced a sharp decline.

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers from Slovakia in 2022:

1. Germany (1019.0 kg)
2. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform