Price for Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers in Serbia - 2023

Contents:

1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Serbia (CIF) - 2022
2. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Serbia (FOB) - 2022
3. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Serbia
4. Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Serbia

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Serbia (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $10,727 per ton in 2022, surging by 38% against the previous year. Overall, the import price recorded a perceptible increase. The pace of growth was the most pronounced in 2014 an increase of 67% against the previous year. As a result, import price attained the peak level of $14,169 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($17,583 per ton), while the price for China ($4,373 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Serbia (FOB) - 2022

In 2021, the average export price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses amounted to $9,370 per ton, approximately reflecting the previous year. Over the period under review, the export price showed a slight decrease. The growth pace was the most rapid in 2019 a decrease of -6.6% against the previous year. Over the period under review, the average export prices attained the maximum at $9,940 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2018 to 2021, the rate of growth in terms of prices for Sweden amounted to -6.6% per year.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Serbia

After three years of growth, supplies from abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -19.8% to 13 tons in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports attained the peak of 16 tons, and then reduced remarkably in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses expanded markedly to $136K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Serbia in 2022:

1. Greece (3.3 tons)
2. India (3.0 tons)
3. Romania (2.8 tons)
4. Italy (2.0 tons)
5. Belgium (1.0 tons)
6. China (0.3 tons)

Exports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Serbia

Exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses from Serbia stood at 889 kg in 2021, approximately mirroring 2020 figures. Overall, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, exports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $8.3K in 2021. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Top Export Markets for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers from Serbia in 2022:

1. Netherlands (889.0 kg)

Source: IndexBox Market Intelligence Platform