Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa - 2023
Contents:
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa (FOB) - 2022
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa (CIF) - 2022
- Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa
- Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa (FOB) - 2022
The average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $7,862 per ton in 2022, falling by -73% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 401%. The export price peaked at $38,250 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
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 Democratic Republic of the Congo ($25,475 per ton), while the average price for exports to Hong Kong SAR totaled $6,693 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+31.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa (CIF) - 2022
The average import price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $308 per ton in 2022, waning by -99.1% against the previous year. In general, the import price recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 an increase of 236%. As a result, import price reached the peak level of $35,500 per ton, and then shrank significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2014 to 2022, the rate of growth in terms of prices for China amounted to -70.2% per year.
Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa
In 2022, approx. 9.6 tons of aquatic invertebrates; sea cucumbers, prepared or preserveds were exported from South Africa; growing by 423% on the previous year. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds surged to $76K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 81%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 15.7 | 26.8 | 49.1 | 60.5 | 56.8% |
| Democratic Republic of the Congo | 1.1 | 2.0 | 3.9 | 15.3 | 140.5% |
| Botswana | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.8 | 0.7 | 0.6 | N/A | -13.4% |
| Total | 17.7 | 29.6 | 53.6 | 75.7 | 62.3% |
Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from South Africa in 2022:
- Hong Kong SAR (9.0 tons)
- Democratic Republic of the Congo (0.6 tons)
Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa
In 2022, approx. 1 tons of aquatic invertebrates; sea cucumbers, prepared or preserveds were imported into South Africa; picking up by 52,300% compared with the previous year. In general, 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; sea cucumbers, prepared or preserveds skyrocketed to $323 in 2022. Overall, imports posted a strong increase.
| Import of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 197 | 454 | 2.0 | 323 | 17.9% |
| Others | N/A | N/A | 69.0 | N/A | 0% |
| Total | 197 | 454 | 71.0 | 323 | 17.9% |
Top Suppliers of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved to South Africa in 2022:
- China (1.0 tons)
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