Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya - 2022
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya (CIF) - 2022
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya (FOB) - 2022
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya (CIF) - 2022
The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $922 per ton in 2022, dropping by -14.1% against the previous year. In general, the import price faced a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of 32%. The import price peaked at $4,416 per ton in 2012; however, from 2013 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 China ($7,500 per ton), while the price for South Africa ($330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.6%), while the prices for the other major suppliers experienced a decline.
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya (FOB) - 2022
In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $3,135 per ton, falling by -4.4% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2016 an increase of 94% against the previous year. The export price peaked at $10,562 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -8.1% per year.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya
In 2022, approx. 9 tons of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s were imported into Kenya; jumping by 24% on 2021 figures. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 255% against the previous year. As a result, imports reached the peak of 9.7 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s reached $8.3K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 244% against the previous year. As a result, imports attained the peak of $8.8K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.5 | 8.5 | 7.8 | 8.0 | 47.4% |
| South Africa | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
| Total | 2.6 | 8.8 | 7.8 | 8.3 | 47.2% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Kenya in 2022:
- United Arab Emirates (8.5 tons)
- South Africa (0.4 tons)
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya
After three years of growth, overseas shipments of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -42.6% to 1.8 tons in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 572% against the previous year. As a result, the exports attained the peak of 3.2 tons, and then declined dramatically in the following year.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s fell significantly to $5.8K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 918%. As a result, the exports reached the peak of $10K, and then contracted notably in the following year.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.8 | 0.9 | 10.5 | 5.8 | 93.5% |
| South Sudan | N/A | 0.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | 1.0 | 10.5 | 5.8 | 86.1% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Kenya in 2022:
- Hong Kong SAR (1.8 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Kenya.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Kenya.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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