Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand - 2023
Contents:
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand (CIF) - 2023
- Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand (FOB) - 2022
- Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand
- Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand (CIF) - 2023
The average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds stood at $6,911 per ton in December 2023, falling by -18% against the previous month. In general, the import price recorded a slight downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 27% against the previous month. As a result, import price attained the peak level of $9,703 per ton. From May 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($12,183 per ton), while the price for the Philippines ($5,772 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand (FOB) - 2022
In 2022, the average export price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $8,226 per ton, dropping by -22.6% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 17%. The export price peaked at $15,167 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($35,923 per ton), while the average price for exports to the United States ($3,144 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 Lebanon (+3.5%), while the prices for the other major destinations experienced a decline.
Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand
Imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds into New Zealand amounted to 3.7K tons in 2022, with an increase of 11% compared with the previous year's figure. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds rose significantly to $32M in 2022. The total import value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 6.0 | 9.5 | 9.6 | 14.5% |
| Thailand | 7.5 | 8.8 | 8.9 | 8.6 | 4.7% |
| Vietnam | 5.4 | 3.9 | 5.4 | 6.6 | 6.9% |
| India | 0.9 | 2.8 | 1.8 | 4.5 | 71.0% |
| Malaysia | 0.9 | 0.9 | 0.7 | 0.7 | -8.0% |
| Others | 1.9 | 1.4 | 1.9 | 2.0 | 1.7% |
| Total | 23.0 | 23.8 | 28.2 | 32.1 | 11.8% |
Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to New Zealand in 2022:
- China (1288.8 tons)
- Thailand (884.6 tons)
- Vietnam (754.8 tons)
- India (522.2 tons)
- Malaysia (101.2 tons)
Exports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand
Exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds from New Zealand shrank markedly to 1.5K tons in 2022, reducing by -20.7% against 2021 figures. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.2% against the previous year.
In value terms, exports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds dropped remarkably to $12M in 2022. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 27%.
| Export of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 10.4 | 6.0 | 9.8 | 3.8 | -28.5% |
| Australia | 3.4 | 3.7 | 3.3 | 3.1 | -3.0% |
| South Korea | 0.2 | 0.7 | 0.5 | 0.9 | 65.1% |
| Hong Kong SAR | 4.0 | 2.3 | 2.8 | 0.7 | -44.1% |
| China | 2.0 | 1.0 | 1.0 | 0.6 | -33.1% |
| Thailand | N/A | N/A | N/A | 0.5 | 0% |
| Taiwan (Chinese) | 0.4 | 0.1 | 0.2 | 0.4 | 0.0% |
| United States | 0.4 | 0.4 | 0.5 | 0.4 | 0.0% |
| Canada | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Lebanon | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Others | 2.2 | 1.5 | 1.7 | 1.6 | -10.1% |
| Total | 23.3 | 15.8 | 20.2 | 12.4 | -19.0% |
Top Export Markets for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved from New Zealand in 2022:
- Australia (582.7 tons)
- China (176.6 tons)
- United States (125.2 tons)
- South Korea (110.0 tons)
- Singapore (106.9 tons)
- Taiwan (Chinese) (91.1 tons)
- Canada (62.0 tons)
- Thailand (47.0 tons)
- Hong Kong SAR (38.3 tons)
- Lebanon (27.9 tons)
251
This report provides an in-depth analysis of the market for prepared or preserved crab meat in New Zealand.
513
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
251
This report provides an in-depth analysis of the market for prepared or preserved crab meat in New Zealand.
513
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
Nothing found. Please try again.
