Price for Crustacean Preparations; Lobster, Prepared or Preserved in Azerbaijan - 2022

Contents:

  1. Price for Crustacean Preparations; Lobster, Prepared or Preserved in Azerbaijan (CIF) - 2022
  2. Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Azerbaijan

Price for Crustacean Preparations; Lobster, Prepared or Preserved in Azerbaijan (CIF) - 2022

The average import price for crustacean preparations; lobster, prepared or preserveds stood at $3,255 per ton in 2022, shrinking by -5.7% against the previous year. In general, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 196%. Over the period under review, average import prices hit record highs at $32,455 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +138.7% per year.

Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Azerbaijan

In 2022, approx. 2 tons of crustacean preparations; lobster, prepared or preserveds were imported into Azerbaijan; which is down by -54.8% against the previous year. In general, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 346% against the previous year. As a result, imports attained the peak of 4.4 tons, and then fell dramatically in the following year.

In value terms, imports of crustacean preparations; lobster, prepared or preserveds declined notably to $6.5K in 2022. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, imports reached the peak of $15K, and then reduced sharply in the following year.

Import of Crustacean Preparations; Lobster, Prepared or Preserved in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/A6.50%
ChileN/AN/A15.1N/A0%
France1.8N/AN/AN/A0%
Luxembourg3.67.70.1N/A-83.3%
OthersN/AN/AN/AN/A0%
Total5.47.715.36.56.4%

Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Azerbaijan in 2022:

  1. Ireland (2.0 tons)

Source: IndexBox Market Intelligence Platform

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