Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK - 2023

Contents:

  1. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK (CIF) - 2022
  2. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK (FOB) - 2022
  3. Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK
  4. Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK (CIF) - 2022

In 2022, the average import price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $6,677 per ton, declining by -40.3% against the previous year. Overall, the import price, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 96%. The import price peaked at $11,178 per ton in 2021, and then contracted markedly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.1% per year.

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK (FOB) - 2022

The average export price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $7,626 per ton in 2022, picking up by 45% against the previous year. Overall, the export price recorded a measured expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 720%. As a result, the export price attained the peak level of $21,393 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ireland amounted to +3.1% per year.

Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK

In 2022, after three years of growth, there was significant decline in purchases abroad of aquatic invertebrates; jellyfish, prepared or preserveds, when their volume decreased by -78.6% to 440 kg. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year.

In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds declined markedly to $2.9K in 2022. Over the period under review, imports saw a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 94% against the previous year.

Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.32.32.12.98.0%
Belgium6.613.216.3N/A57.2%
Others0.12.04.5N/A570.8%
Total9.017.522.92.9-31.4%

Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to the UK in 2022:

  1. China (440.0 kg)

Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK

In 2022, exports of aquatic invertebrates; jellyfish, prepared or preserveds from the UK shrank sharply to 593 kg, with a decrease of -30.6% against the previous year. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 110% against the previous year. As a result, the exports reached the peak of 855 kg, and then shrank remarkably in the following year.

In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds amounted to $4.5K in 2022. Overall, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 252% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland2.81.14.54.517.1%
Germany0.2N/AN/AN/A0%
OthersN/A0.2N/AN/A0%
Total3.01.34.54.514.5%

Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from the UK in 2022:

  1. Ireland (593.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Aquatic invertebrates; jellyfish, prepared or preserved - United Kingdom