Price for Mollusc Preparations; Oysters, Prepared or Preserved in Spain - 2023

Contents:

1. Price for Mollusc Preparations; Oysters, Prepared or Preserved in Spain (CIF) - 2023
2. Price for Mollusc Preparations; Oysters, Prepared or Preserved in Spain (FOB) - 2022
3. Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Spain
4. Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Spain

Price for Mollusc Preparations; Oysters, Prepared or Preserved in Spain (CIF) - 2023

The average import price for mollusc preparations; oysters, prepared or preserveds stood at $14,750 per ton in November 2023, with an increase of 14% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 29% m-o-m. Over the period under review, average import prices attained the maximum at $15,463 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

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

From November 2022 to November 2023, the rate of growth in terms of prices for France amounted to -0.4% per month.

Price for Mollusc Preparations; Oysters, Prepared or Preserved in Spain (FOB) - 2022

The average export price for mollusc preparations; oysters, prepared or preserveds stood at $13,007 per ton in 2022, increasing by 3% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 132%. As a result, the export price reached the peak level of $40,021 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($49,733 per ton), while the average price for exports to the United Arab Emirates ($2,453 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 France (+19.3%), while the prices for the other major destinations experienced a decline.

Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Spain

In 2022, the amount of mollusc preparations; oysters, prepared or preserveds imported into Spain rose notably to 113 tons, growing by 7.7% on 2021. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of mollusc preparations; oysters, prepared or preserveds rose sharply to $1.4M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Spain in 2022:

1. France (110.8 tons)
2. Portugal (2.0 tons)

Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Spain

In 2022, approx. 1.3 tons of mollusc preparations; oysters, prepared or preserveds were exported from Spain; which is down by -18.3% against 2021 figures. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,630% against the previous year. As a result, the exports reached the peak of 1.5 tons, and then fell dramatically in the following year.

In value terms, exports of mollusc preparations; oysters, prepared or preserveds reduced sharply to $16K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 556% against the previous year. As a result, the exports attained the peak of $19K, and then contracted markedly in the following year.

Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from Spain in 2022:

1. United Arab Emirates (455.0 kg)
2. Portugal (396.0 kg)
3. United Kingdom (166.0 kg)
4. China (69.0 kg)
5. United States (30.0 kg)

Source: IndexBox Market Intelligence Platform