Price for Aquatic invertebrates; sea cucumbers (Stichopus japonicus, Holothurioidea), live, fresh or chilled in South Korea - 2022
Contents:
- Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea (FOB) - 2022
- Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea (CIF) - 2022
- Exports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea
- Imports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea
Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds amounted to $27,378 per ton, with an increase of 17% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 an increase of 51% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
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 ($31,562 per ton), while the average price for exports to Hong Kong SAR ($6,365 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea (CIF) - 2022
In 2022, the average import price for aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds amounted to $12,704 per ton, reducing by -6.4% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds increased by +68.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44%. As a result, import price attained the peak level of $13,579 per ton, and then fell in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($19,864 per ton), while the price for China ($12,574 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.6%), while the prices for the other major suppliers experienced a decline.
Exports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea
In 2022, approx. 15 tons of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds were exported from South Korea; waning by -35.5% on the previous year. Overall, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 182% against the previous year. As a result, the exports attained the peak of 23 tons, and then reduced notably in the following year.
In value terms, exports of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds dropped markedly to $410K in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 158%. As a result, the exports attained the peak of $541K, and then fell notably in the following year.
| Export of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 282 | 160 | 416 | 372 | 9.7% |
| Canada | 11.5 | 7.6 | 9.7 | 10.7 | -2.4% |
| Hong Kong SAR | 3.1 | 6.1 | 13.8 | 9.9 | 47.3% |
| China | 8.9 | 20.4 | 81.4 | 9.7 | 2.9% |
| Singapore | 22.6 | 11.4 | 12.0 | 2.5 | -52.0% |
| United Arab Emirates | N/A | 3.8 | 7.2 | 1.0 | -48.7% |
| Others | 0.8 | N/A | 0.7 | 4.3 | 75.2% |
| Total | 329 | 209 | 541 | 410 | 7.6% |
Top Export Markets for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled from South Korea in 2022:
- United States (11.8 tons)
- Hong Kong SAR (1.6 tons)
- China (0.9 tons)
- Canada (0.4 tons)
- Singapore (0.1 tons)
- United Arab Emirates (0.1 tons)
Imports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea
For the third consecutive year, South Korea recorded decline in supplies from abroad of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds, which decreased by -22.6% to 1.3 tons in 2022. Over the period under review, imports recorded a dramatic decrease.
In value terms, imports of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds fell dramatically to $17K in 2022. In general, imports showed a dramatic curtailment. The smallest decline of -19.5% was in 2021.
| Import of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 15.7 | 0% |
| Philippines | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Indonesia | 3.9 | 0.1 | 0.5 | 0.3 | -57.5% |
| Japan | 63.3 | 28.4 | 22.3 | N/A | -40.6% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 67.3 | 28.5 | 22.9 | 16.6 | -37.3% |
Top Suppliers of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled to South Korea in 2022:
- China (1252.0 kg)
- Indonesia (24.0 kg)
- Philippines (22.0 kg)
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