Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan - 2023
Contents:
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan (FOB) - 2022
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan (CIF) - 2022
- Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan
- Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $9,066 per ton, reducing by -12.2% against the previous year. Over the period under review, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,502 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($11,256 per ton), while the average price for exports to Malaysia ($6,292 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 the United States (-2.2%), while the prices for the other major destinations experienced a decline.
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan (CIF) - 2022
The average import price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $2,713 per ton in 2022, dropping by -53.8% against the previous year. Over the period under review, the import price showed a deep slump. The growth pace was the most rapid in 2014 an increase of 64% against the previous year. As a result, import price reached the peak level of $7,197 per ton. From 2015 to 2022, the average 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 China ($5,953 per ton), while the price for Vietnam amounted to $1,375 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+118.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan
In 2022, the amount of aquatic invertebrates; jellyfish, prepared or preserveds exported from Japan skyrocketed to 117 tons, surging by 22% on the previous year. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds rose rapidly to $1.1M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 479 | 383 | 383 | 405 | -5.4% |
| Australia | 108 | 118 | 142 | 187 | 20.1% |
| Singapore | 136 | 104 | 171 | 157 | 4.9% |
| Malaysia | 113 | 88.9 | 105 | 116 | 0.9% |
| Hong Kong SAR | 23.3 | 33.1 | 68.9 | 77.4 | 49.2% |
| United States | 85.8 | 35.2 | 78.4 | 67.8 | -7.5% |
| Canada | 26.7 | 24.1 | 34.4 | 36.2 | 10.7% |
| Others | 18.1 | N/A | 5.6 | 12.6 | -11.4% |
| Total | 990 | 786 | 988 | 1,059 | 2.3% |
Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from Japan in 2022:
- South Korea (36.0 tons)
- Singapore (22.0 tons)
- Australia (19.8 tons)
- Malaysia (18.4 tons)
- Hong Kong SAR (9.5 tons)
- United States (6.3 tons)
- Canada (3.8 tons)
Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan
In 2022, approx. 45 tons of aquatic invertebrates; jellyfish, prepared or preserveds were imported into Japan; with an increase of 1,661% against 2021. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds soared to $122K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 1.3 | 1.3 | 78.4 | 676.6% | |
| Vietnam | N/A | 0.5 | 43.9 | 8680.0% | |
| Philippines | 13.8 | N/A | N/A | 0% | |
| Myanmar | N/A | 6.4 | N/A | 0% | |
| Others | N/A | 6.9 | N/A | 0% | |
| Total | 15.1 | 15.0 | 122 | 184.2% | |
Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to Japan in 2022:
- Vietnam (31.9 tons)
- China (13.2 tons)
315
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Japan.
553
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
315
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Japan.
553
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
90
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
90
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
