Insects; Live, Bees Price in the UK - 2023

Contents:

1. Insects; Live, Bees Price in the UK (CIF) - 2022
2. Insects; Live, Bees Price in the UK (FOB) - 2022
3. Insects; Live, Bees Imports in the UK
4. Insects; Live, Bees Exports in the UK

Insects; Live, Bees Price in the UK (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $0.2 per unit, with an increase of 29% against the previous year. In general, the import price enjoyed resilient growth. The growth pace was the most rapid in 2013 when the average import price increased by 40% against the previous year. The import price peaked at $0.3 per unit in 2018; however, from 2019 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 Malta ($0.4 per unit), while the price for Belgium ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Insects; Live, Bees Price in the UK (FOB) - 2022

The average insects; live, bees export price stood at $0.5 per unit in 2022, rising by 101% against the previous year. Overall, the export price, however, continues to indicate a slight setback. The export price peaked at $0.6 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +10.7% per year.

Insects; Live, Bees Imports in the UK

In 2022, purchases abroad of insects; live, beeses decreased by -20.5% to 13M units, falling for the second year in a row after two years of growth. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. As a result, imports reached the peak of 17M units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, insects; live, bees imports stood at $3M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of $3M; afterwards, it flattened through to 2022.

Top Suppliers of Insects; Live, Bees to the UK in 2022:

1. Netherlands (4.4M units)
2. Belgium (4.1M units)
3. Slovakia (3.4M units)
4. Malta (0.5M units)
5. Spain (0.5M units)

Insects; Live, Bees Exports in the UK

In 2022, the amount of insects; live, beeses exported from the UK surged to 155K units, picking up by 258% on the year before. In general, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at 185K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, insects; live, bees exports skyrocketed to $83K in 2022. Over the period under review, exports continue to indicate buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Insects; Live, Bees from the UK in 2022:

1. France (155.0K units)

Source: IndexBox Market Intelligence Platform