Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ireland - 2023

Contents:

1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ireland (FOB) - 2023
2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ireland (CIF) - 2022
3. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Ireland
4. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Ireland

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ireland (FOB) - 2023

The average export price for mollusc preparations; mussels, prepared or preserveds stood at $3,266 per ton in September 2023, increasing by 1.7% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +1.9%. The pace of growth appeared the most rapid in March 2023 an increase of 31% against the previous month. Over the period under review, the average export prices hit record highs in September 2023.

Average prices varied noticeably for the major overseas markets. In September 2023, the highest price was recorded for prices to France ($3,106 per ton) and Sweden ($3,040 per ton), while the average price for exports to the UK ($2,596 per ton) and Italy ($2,745 per ton) were amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ireland (CIF) - 2022

In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $5,762 per ton, waning by -26.1% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 65% against the previous year. The import price peaked at $11,963 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($17,311 per ton), while the price for Belgium ($4,044 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Ireland recorded growth in overseas shipments of mollusc preparations; mussels, prepared or preserveds, which increased by 16% to 2.1K tons in 2022. The total export volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds rose markedly to $5.4M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.1% 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 increased by +77.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. France (1030.2 tons)
2. Italy (684.0 tons)
3. Sweden (115.8 tons)
4. Germany (95.4 tons)
5. United Kingdom (64.8 tons)
6. Poland (31.9 tons)

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

In 2022, approx. 47 tons of mollusc preparations; mussels, prepared or preserveds were imported into Ireland; growing by 4.5% on the year before. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 224%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds dropped dramatically to $273K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 300%. As a result, imports reached the peak of $354K, and then fell dramatically in the following year.

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

1. Spain (21.1 tons)
2. Chile (18.5 tons)
3. United Kingdom (2.7 tons)
4. Belgium (2.2 tons)
5. Netherlands (1.7 tons)
6. France (1.0 tons)

Source: IndexBox Market Intelligence Platform