Price for Mollusc Preparations; Mussels, Prepared or Preserved in Canada - 2024
Contents:
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Canada (FOB) - 2024
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Canada (CIF) - 2024
- Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Canada
- Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Canada
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Canada (FOB) - 2024
The average export price for mollusc preparations; mussels, prepared or preserveds stood at $5,252 per ton in September 2023, declining by -12.8% against the previous month. Over the period under review, the export price recorded a pronounced descent. The pace of growth was the most pronounced in June 2023 an increase of 97% month-to-month. Over the period under review, the average export prices hit record highs at $7,611 per ton in January 2023; however, from February 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In September 2023, the country with the highest price was the United States ($6,126 per ton), while the average price for exports to Israel ($4,306 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.7%), while the prices for the other major destinations experienced a decline.
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Canada (CIF) - 2024
The average import price for mollusc preparations; mussels, prepared or preserveds stood at $4,678 per ton in September 2023, reducing by -34.5% against the previous month. Over the period under review, the import price showed a slight slump. The most prominent rate of growth was recorded in March 2023 an increase of 37% month-to-month. The import price peaked at $7,141 per ton in August 2023, and then reduced rapidly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was New Zealand ($8,779 per ton), while the price for Chile ($3,500 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 New Zealand (+5.4%), while the prices for the other major suppliers experienced a decline.
Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Canada
In 2022, the amount of mollusc preparations; mussels, prepared or preserveds exported from Canada soared to 870 tons, jumping by 74% on 2021 figures. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of mollusc preparations; mussels, prepared or preserveds soared to $5.4M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Mollusc Preparations; Mussels, Prepared or Preserved in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 825 | 1,157 | 2,608 | 4,237 | 72.5% |
| Israel | N/A | 56.1 | 66.8 | 366 | 155.4% |
| Hong Kong SAR | N/A | 144 | N/A | 235 | 27.7% |
| United Arab Emirates | N/A | 133 | 345 | 231 | 31.8% |
| Kuwait | N/A | 61.7 | 51.5 | 149 | 55.4% |
| China | 18.2 | N/A | 62.1 | 76.9 | 61.7% |
| Japan | N/A | N/A | N/A | 65.6 | 0% |
| Others | 1.1 | 76.3 | 117 | 79.4 | 316.4% |
| Total | 844 | 1,627 | 3,250 | 5,439 | 86.1% |
Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Canada in 2022:
- United States (618.0 tons)
- Israel (68.5 tons)
- Hong Kong SAR (50.0 tons)
- United Arab Emirates (49.5 tons)
- Kuwait (33.1 tons)
- China (16.6 tons)
- Japan (16.6 tons)
Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Canada
Imports of mollusc preparations; mussels, prepared or preserveds into Canada dropped to 734 tons in 2022, with a decrease of -5.7% on the year before. In general, imports showed a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by 9% against the previous year.
In value terms, imports of mollusc preparations; mussels, prepared or preserveds contracted to $3.5M in 2022. Over the period under review, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year.
| Import of Mollusc Preparations; Mussels, Prepared or Preserved in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 1.3 | 1.8 | 1.4 | -12.6% |
| Chile | 1.6 | 1.7 | 1.6 | 1.4 | -4.4% |
| New Zealand | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Thailand | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
| Total | 3.9 | 3.3 | 3.7 | 3.5 | -3.5% |
Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Canada in 2022:
- Chile (430.6 tons)
- China (214.2 tons)
- New Zealand (37.7 tons)
- Thailand (18.0 tons)
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