Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam - 2022

Contents:

  1. Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam (CIF) - 2022
  2. Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam (FOB) - 2022
  3. Imports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam
  4. Exports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam

Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam (CIF) - 2022

The average import price for aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds stood at $8,787 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($9,037 per ton), while the price for the United States amounted to $8,671 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+80.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam (FOB) - 2022

The average export price for aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds stood at $41,160 per ton in 2022, surging by 33% against the previous year. Over the period under review, the export price recorded a significant increase. The pace of growth was the most pronounced in 2013 an increase of 372% against the previous year. Over the period under review, the average export prices reached the maximum at $46,722 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($56,313 per ton), while the average price for exports to Morocco totaled $41,334 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+141.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam

In 2022, supplies from abroad of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds decreased by -11% to 13 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 67%. As a result, imports reached the peak of 16 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds reduced to $117K in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 156%.

Import of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32.671.875.778.934.3%
Indonesia9.245.241.938.360.9%
Others3.8N/AN/AN/A0%
Total45.611711811736.9%

Top Suppliers of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled to Vietnam in 2022:

  1. United States (9.1 tons)
  2. Indonesia (4.2 tons)

Exports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam

In 2022, shipments abroad of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds was finally on the rise to reach 894 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep setback.

In value terms, exports of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds soared to $37K in 2022. Overall, exports, however, faced a dramatic contraction.

Export of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco76.546.821.435.7-22.4%
Malta1.52.21.10.9-15.7%
South Korea0.20.20.10.1-20.6%
Others0.41.50.20.1-37.0%
Total78.650.722.936.8-22.3%

Top Export Markets for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled from Vietnam in 2022:

  1. Morocco (863.0 kg)
  2. Malta (16.0 kg)
  3. South Korea (8.0 kg)

Source: IndexBox Market Intelligence Platform

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