Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia - 2023

Contents:

1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia (CIF) - 2023
2. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia (FOB) - 2023
3. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia
4. Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia (CIF) - 2023

The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $7,303 per ton in August 2023, with an increase of 12% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 18% month-to-month. The import price peaked at $7,488 per ton in May 2023; however, from June 2023 to August 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($12,104 per ton), while the price for Slovenia ($4,437 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia (FOB) - 2023

The average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $7,153 per ton in October 2023, shrinking by -9.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 38% against the previous month. The export price peaked at $9,083 per ton in April 2023; however, from May 2023 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Montenegro ($9,620 per ton), while the average price for exports to Serbia ($5,488 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia

In 2022, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds into Croatia soared to 988 tons, picking up by 18% against the year before. Overall, imports, however, saw a mild contraction.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds surged to $5.9M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.2% 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 +57.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Croatia in 2022:

1. Spain (485.7 tons)
2. Italy (139.2 tons)
3. Belgium (138.4 tons)
4. Romania (48.6 tons)
5. Slovenia (31.4 tons)
6. Netherlands (28.5 tons)
7. France (27.2 tons)
8. Lithuania (2.8 tons)

Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Croatia

In 2022, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds from Croatia skyrocketed to 287 tons, growing by 41% on the previous year's figure. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds skyrocketed to $2.1M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from Croatia in 2022:

1. Slovenia (119.6 tons)
2. Serbia (60.7 tons)
3. Bosnia and Herzegovina (25.1 tons)
4. Montenegro (23.0 tons)
5. Germany (17.1 tons)
6. Austria (14.8 tons)
7. North Macedonia (10.0 tons)

Source: IndexBox Market Intelligence Platform