Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea - 2022
Contents:
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea (FOB) - 2022
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea (CIF) - 2022
- Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea
- Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $2,838 per ton, reducing by -36.7% against the previous year. Over the period under review, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of 41%. The export price peaked at $5,037 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,726 per ton), while the average price for exports to China amounted to $2,491 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.2%).
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea (CIF) - 2022
The average import price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $11,279 per ton in 2022, dropping by -15.6% against the previous year. In general, the import price saw a slight downturn. The growth pace was the most rapid in 2016 when the average import price increased by 20% against the previous year. The import price peaked at $13,491 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($11,494 per ton), while the price for Vietnam totaled $7,919 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.
Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea
In 2022, shipments abroad of aquatic invertebrates; jellyfish, prepared or preserveds decreased by -7% to 155 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,360% against the previous year.
In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds shrank markedly to $440K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,035% against the previous year.
Export of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | 127 | 728 | 345 | 64.8% |
United States | 10.5 | 17.6 | 18.7 | 93.2 | 107.1% |
Others | 2.5 | 2.2 | 0.5 | 1.7 | -12.1% |
Total | 13.0 | 147 | 747 | 440 | 223.5% |
Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from South Korea in 2022:
- China (138.6 tons)
- United States (16.3 tons)
Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea
In 2022, the amount of aquatic invertebrates; jellyfish, prepared or preserveds imported into South Korea skyrocketed to 35 tons, surging by 23% on the previous year's figure. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 rose modestly to $396K in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 13%.
Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 399 | 339 | 381 | 380 | -1.6% |
Vietnam | 1.7 | N/A | 0.5 | 16.3 | 112.4% |
Others | N/A | N/A | 0.1 | 0.4 | 300.0% |
Total | 400 | 339 | 382 | 396 | -0.3% |
Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to South Korea in 2022:
- Japan (33.0 tons)
- Vietnam (2.1 tons)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Republic of Korea.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Republic of Korea.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.