Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Ecuador - 2022
Contents:
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Ecuador (FOB) - 2022
- Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Ecuador
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Ecuador (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds amounted to $175,406 per ton, waning by -9.6% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aquatic invertebrates; sea cucumbers, prepared or preserveds increased by +79.2% against 2012 indices. The most prominent rate of growth was recorded in 2021 an increase of 17% against the previous year. As a result, the export price reached the peak level of $193,950 per ton, and then dropped in the following year.
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 China ($183,128 per ton), while the average price for exports to the United States totaled $118,984 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.0%).
Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Ecuador
In 2022, shipments abroad of aquatic invertebrates; sea cucumbers, prepared or preserveds was finally on the rise to reach 3.4 tons after two years of decline. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds shrank slightly to $593K in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.2%. As a result, the exports attained the peak of $619K, and then reduced modestly in the following year.
| Export of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 556 | 0% |
| United States | 542 | 566 | 11.0 | 36.3 | -59.4% |
| Hong Kong SAR | N/A | N/A | 608 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 542 | 566 | 619 | 593 | 3.0% |
Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from Ecuador in 2022:
- China (3.0 tons)
- United States (0.3 tons)
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