Price for Mollusc Preparations; Abalone, Prepared or Preserved in South Africa - 2024
Contents:
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in South Africa (FOB) - 2024
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in South Africa (CIF) - 2022
- Exports of Mollusc Preparations; Abalone, Prepared or Preserved in South Africa
- Imports of Mollusc Preparations; Abalone, Prepared or Preserved in South Africa
Price for Mollusc Preparations; Abalone, Prepared or Preserved in South Africa (FOB) - 2024
In September 2023, the average export price for mollusc preparations; abalone, prepared or preserveds amounted to $28,172 per ton, falling by -21.6% against the previous month. Over the period under review, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 14% month-to-month. As a result, the export price attained the peak level of $44,398 per ton. From July 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($49,147 per ton), while the average price for exports to Singapore totaled $19,121 per ton.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.8%).
Price for Mollusc Preparations; Abalone, Prepared or Preserved in South Africa (CIF) - 2022
In 2022, the average import price for mollusc preparations; abalone, prepared or preserveds amounted to $7,240 per ton, with a decrease of -28.5% against the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of 1,125% against the previous year. As a result, import price reached the peak level of $735,000 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Hong Kong SAR.
From 2017 to 2022, the rate of growth in terms of prices for Thailand amounted to +33.0% per year.
Exports of Mollusc Preparations; Abalone, Prepared or Preserved in South Africa
In 2022, shipments abroad of mollusc preparations; abalone, prepared or preserveds decreased by -13.2% to 374 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 -28.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. As a result, the exports reached the peak of 522 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of mollusc preparations; abalone, prepared or preserveds contracted to $12M in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 6.2% against the previous year. As a result, the exports attained the peak of $16M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Mollusc Preparations; Abalone, Prepared or Preserved in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 11.6 | 12.8 | 9.8 | 7.3 | -14.3% |
| Singapore | 1.9 | 1.6 | 2.0 | 3.4 | 21.4% |
| Malaysia | 0.3 | 0.4 | 0.2 | 0.5 | 18.6% |
| China | 0.2 | 0.4 | 0.5 | 0.3 | 14.5% |
| Others | 1.1 | 0.8 | 0.8 | 0.9 | -6.5% |
| Total | 15.0 | 16.0 | 13.4 | 12.3 | -6.4% |
Top Export Markets for Mollusc Preparations; Abalone, Prepared or Preserved from South Africa in 2022:
- Hong Kong SAR (209.2 tons)
- Singapore (129.7 tons)
- Malaysia (9.4 tons)
- China (6.2 tons)
Imports of Mollusc Preparations; Abalone, Prepared or Preserved in South Africa
After three years of growth, purchases abroad of mollusc preparations; abalone, prepared or preserveds decreased by -60.3% to 25 kg in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 6,200% against the previous year. As a result, imports attained the peak of 63 kg, and then shrank rapidly in the following year.
In value terms, imports of mollusc preparations; abalone, prepared or preserveds shrank notably to $181 in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,125% against the previous year. As a result, imports reached the peak of $735. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Mollusc Preparations; Abalone, Prepared or Preserved in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 181 | 0% |
| Italy | N/A | N/A | 638 | N/A | 0% |
| Others | 60.0 | 735 | N/A | N/A | 1125.0% |
| Total | 60.0 | 735 | 638 | 181 | 44.5% |
Top Suppliers of Mollusc Preparations; Abalone, Prepared or Preserved to South Africa in 2022:
- Hong Kong SAR (25.0 kg)
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