Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan - 2023
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan (CIF) - 2023
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan (FOB) - 2023
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan (CIF) - 2023
The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $5,653 per ton in July 2023, with a decrease of -3.2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 10% against the previous month. As a result, import price attained the peak level of $5,842 per ton, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($16,952 per ton), while the price for Peru ($3,669 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan (FOB) - 2023
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $19,166 per ton in July 2023, picking up by 16% against the previous month. Over the period from November 2022 to July 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in March 2023 when the average export price increased by 25% m-o-m. The export price peaked in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($34,221 per ton), while the average price for exports to Australia ($14,108 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan
In 2022, approx. 49K tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were imported into Japan; approximately reflecting the year before. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 5%.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds reached $278M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 247 | 243 | 254 | 258 | 1.5% |
| Thailand | 9.4 | 11.1 | 12.4 | 10.4 | 3.4% |
| Vietnam | 5.0 | 4.5 | 4.4 | 4.7 | -2.0% |
| Peru | 19.7 | 14.3 | 3.7 | 3.9 | -41.7% |
| Others | 1.1 | 1.4 | 0.9 | 1.2 | 2.9% |
| Total | 283 | 275 | 275 | 278 | -0.6% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Japan in 2022:
- China (46.3K tons)
- Thailand (0.8K tons)
- Vietnam (0.8K tons)
- Peru (0.7K tons)
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan
In 2022, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from Japan shrank to 758 tons, which is down by -7.4% against the year before. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 38% against the previous year. As a result, the exports attained the peak of 819 tons, and then shrank in the following year.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds declined dramatically to $12M in 2022. Over the period under review, exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $16M, and then dropped rapidly in the following year.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.2 | 4.6 | 6.8 | 4.0 | -1.6% |
| Hong Kong SAR | 3.6 | 3.7 | 4.2 | 3.8 | 1.8% |
| Taiwan (Chinese) | 1.9 | 1.5 | 2.0 | 1.2 | -14.2% |
| Singapore | 0.6 | 0.7 | 0.9 | 1.1 | 22.4% |
| Australia | 0.6 | 0.5 | 0.7 | 0.4 | -12.6% |
| Thailand | 0.4 | 0.3 | 0.2 | 0.3 | -9.1% |
| South Korea | 0.6 | 0.2 | 0.3 | 0.2 | -30.7% |
| Others | 0.2 | 0.2 | 0.5 | 0.7 | 51.8% |
| Total | 12.2 | 11.7 | 15.7 | 11.7 | -1.4% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Japan in 2022:
- United States (292.8 tons)
- Hong Kong SAR (238.4 tons)
- Singapore (70.4 tons)
- Taiwan (Chinese) (49.3 tons)
- Australia (43.7 tons)
- Thailand (22.5 tons)
- South Korea (8.0 tons)
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