Crustacean preparations: shrimps and prawns, prepared or preserved, not in airtight containers

In 2024, crustacean preparations: shrimps and prawns, prepared or preserved, not in airtight containers trade exhibited modest growth, with global flows reaching $2,935,288,667 and a three-year compound annual growth rate of -6.0% (five-year: -0.9%). The all-time peak of $3,773,111,332 was recorded in 2014; the current level is 22% below that high-water mark.

Over the 30-year observation window (1995–2024), 79% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.5% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.126). The three largest exporters — Vietnam ($753.3M), Indonesia ($438.8M), and India ($341.8M) — collectively dominate supply flows. The leading exporter has grown at -2.6% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.176). The three largest import markets are United States ($1.1B), Japan ($414.4M), and United Kingdom ($166.4M). The largest importing market sources from 41 different supplying countries.

The dominant trade corridor is Indonesia → United States at $351.9M, representing 31.7% of the importer's total demand.

The volatility score for crustacean preparations: shrimps and prawns, prepared or preserved, not in airtight containers is 11 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.