Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Mexico - 2022

Contents:

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

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

In 2022, the average import price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $601 per ton, reducing by -44.5% against the previous year. In general, the import price faced a sharp downturn. The growth pace was the most rapid in 2016 an increase of 83% against the previous year. The import price peaked at $6,368 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 -16.2% per year.

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

The average export price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $2,597 per ton in 2022, waning by -21.4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 9.9%. The export price peaked at $3,305 per ton in 2021, and then fell significantly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.2% per year.

Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Mexico

In 2022, approx. 621 tons of aquatic invertebrates; jellyfish, prepared or preserveds were imported into Mexico; rising by 215% compared with the previous year. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds skyrocketed to $373K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (620.6 tons)

Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Mexico

For the fourth consecutive year, Mexico recorded growth in overseas shipments of aquatic invertebrates; jellyfish, prepared or preserveds, which increased by 50% to 25 tons in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds soared to $65K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +26.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

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

1. United States (25.1 tons)

Source: IndexBox Market Intelligence Platform