Price for Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia - 2024
Contents:
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia (CIF) - 2022
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia (FOB) - 2022
- Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia
- Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia (CIF) - 2022
In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $2,740 per ton, growing by 42% against the previous year. In general, the import price, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by 118% against the previous year. As a result, import price attained the peak level of $4,479 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($5,168 per ton), while the price for Chile ($2,416 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia (FOB) - 2022
The average export price for mollusc preparations; mussels, prepared or preserveds stood at $1,610 per ton in 2022, falling by -33% against the previous year. In general, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 173%. The export price peaked at $7,492 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2013 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to +28.0% per year.
Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia
After three years of growth, purchases abroad of mollusc preparations; mussels, prepared or preserveds decreased by -1.3% to 111 tons in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 512%. As a result, imports attained the peak of 112 tons, and then fell slightly in the following year.
In value terms, imports of mollusc preparations; mussels, prepared or preserveds surged to $304K in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 221% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 54.1 | 216 | 246 | 207.0% |
| Chile | N/A | N/A | N/A | 47.5 | 0% |
| Others | 19.5 | 13.5 | 1.3 | 10.7 | -18.1% |
| Total | 28.1 | 67.6 | 217 | 304 | 121.2% |
Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Malaysia in 2022:
- China (89.2 tons)
- Chile (19.7 tons)
Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia
Exports of mollusc preparations; mussels, prepared or preserveds from Malaysia fell dramatically to 3 tons in 2022, reducing by -62.5% compared with the year before. Overall, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year.
In value terms, exports of mollusc preparations; mussels, prepared or preserveds fell rapidly to $4.8K in 2022. In general, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 3.1%.
| Export of Mollusc Preparations; Mussels, Prepared or Preserved in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 44.1 | 18.7 | 19.2 | 4.8 | -52.3% |
| Others | 1.4 | N/A | N/A | N/A | 0% |
| Total | 45.4 | 18.7 | 19.2 | 4.8 | -52.7% |
Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Malaysia in 2022:
- Singapore (3.0 tons)
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