Price for Mollusc Preparations; Mussels, Prepared or Preserved in Australia - 2024

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Australia (CIF) - 2024
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Australia (FOB) - 2022
  3. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Australia
  4. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Australia

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Australia (CIF) - 2024

In September 2023, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $7,082 per ton, surging by 23% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 52% against the previous month. The import price peaked at $7,083 per ton in January 2023; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($10,714 per ton), while the price for New Zealand ($6,795 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Chile (+0.6%), while the prices for the other major suppliers experienced a decline.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Australia (FOB) - 2022

In 2022, the average export price for mollusc preparations; mussels, prepared or preserveds amounted to $5,717 per ton, shrinking by -33.8% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 64%. Over the period under review, the average export prices hit record highs at $17,217 per ton in 2012; however, from 2013 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 Nauru ($9,322 per ton), while the average price for exports to Taiwan (Chinese) ($3,496 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 New Zealand (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Australia

In 2022, overseas purchases of mollusc preparations; mussels, prepared or preserveds decreased by -11.1% to 1.1K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds shrank to $5.3M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of $6.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile2.32.52.92.52.8%
New Zealand0.91.81.41.313.0%
China0.91.31.01.16.9%
Spain0.20.40.30.314.5%
Others0.10.10.10.10.0%
Total4.46.15.75.36.4%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Australia in 2022:

  1. Chile (635.5 tons)
  2. New Zealand (251.0 tons)
  3. China (148.0 tons)
  4. Spain (33.1 tons)

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Australia

In 2022, after two years of decline, there was significant growth in overseas shipments of mollusc preparations; mussels, prepared or preserveds, when their volume increased by 991% to 502 kg. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds skyrocketed to $2.9K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in Australia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
KiribatiN/AN/AN/A8780%
Nauru435N/A19683924.5%
Papua New GuineaN/A310N/A67447.5%
Taiwan (Chinese)N/AN/AN/A4790%
Cook IslandsN/AN/A201N/A0%
Cambodia270N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7053103972,87059.7%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Australia in 2022:

  1. Papua New Guinea (155.0 kg)
  2. Taiwan (Chinese) (137.0 kg)
  3. Kiribati (120.0 kg)
  4. Nauru (90.0 kg)

Source: IndexBox Market Intelligence Platform

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