Tunisia: Frozen Crustaceans Market 2024

Frozen Crustaceans Market Size in Tunisia

The Tunisian frozen crustaceans market rose remarkably to $X in 2022, growing by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Frozen Crustaceans Production in Tunisia

In value terms, frozen crustaceans production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Frozen Crustaceans Exports

Exports from Tunisia

In 2022, the amount of frozen crustaceans exported from Tunisia rose notably to X tons, growing by X% compared with 2021 figures. Over the period under review, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, frozen crustaceans exports declined modestly to $X in 2022. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Vietnam (X tons), Spain (X tons) and Italy (X tons) were the main destinations of frozen crustaceans exports from Tunisia, with a combined X% share of total exports. South Korea, Indonesia, Thailand and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and South Korea ($X) were the largest markets for frozen crustaceans exported from Tunisia worldwide, together accounting for X% of total exports. Indonesia, Vietnam, the United States and Thailand lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen crustaceans export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a pronounced contraction. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Crustaceans Imports

Imports into Tunisia

In 2022, supplies from abroad of frozen crustaceans increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, frozen crustaceans imports skyrocketed to $X in 2022. Overall, imports, however, showed a slight curtailment. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of frozen crustaceans to Tunisia, with a X% share of total imports. Moreover, frozen crustaceans imports from Argentina exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sixfold. Egypt (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Egypt (X% per year).

In value terms, Argentina ($X) constituted the largest supplier of frozen crustaceans to Tunisia, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Egypt (X% per year).

Import Prices by Country

The average frozen crustaceans import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($X per ton) and Egypt ($X per ton), while the price for Oman ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform