Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Turkey - 2022
Contents:
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Turkey (FOB) - 2022
- Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Turkey
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Turkey (FOB) - 2022
The average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $16,045 per ton in 2022, declining by -14.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure at $21,981 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($29,435 per ton), while the average price for exports to Taiwan (Chinese) totaled $12,831 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.5%).
Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Turkey
In 2022, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds from Turkey expanded sharply to 369 tons, picking up by 12% on the year before. The total export volume increased at an average annual rate of +14.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds declined slightly to $5.9M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 decreased by -8.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year. As a result, the exports reached the peak of $6.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 3.5 | 5.7 | 4.9 | 4.1 | 5.4% |
| United States | 0.7 | 0.7 | 1.2 | 1.3 | 22.9% |
| Others | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Total | 4.2 | 6.5 | 6.2 | 5.9 | 12.0% |
Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from Turkey in 2022:
- Taiwan (Chinese) (321.2 tons)
- United States (43.8 tons)
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