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

Contents:

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

Price for Mollusc Preparations; Mussels, Prepared or Preserved in New Zealand (FOB) - 2024

The average export price for mollusc preparations; mussels, prepared or preserveds stood at $9,629 per ton in September 2023, surging by 57% against the previous month. Over the period under review, export price indicated a prominent increase from February 2023 to September 2023: its price increased at an average monthly rate of +8.1% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for mollusc preparations; mussels, prepared or preserveds increased by +57.5% against August 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($10,477 per ton), while the average price for exports to the United States ($3,699 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for mollusc preparations; mussels, prepared or preserveds stood at $5,917 per ton in 2022, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2013 an increase of 46%. Over the period under review, average import prices attained the maximum at $6,598 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($6,655 per ton), while the price for China totaled $5,581 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.6%).

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in New Zealand

In 2022, approx. 1.1K tons of mollusc preparations; mussels, prepared or preserveds were exported from New Zealand; shrinking by -8.9% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 0.1%.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds dropped to $5.6M in 2022. In general, exports recorded a pronounced contraction. The smallest decline of -1% was in 2021.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2,9643,4522,9702,705-3.0%
South Korea15469851885577.1%
China1,4261,023937610-24.7%
United States3583295063933.2%
Taiwan (Chinese)41481.7185367-3.9%
CanadaN/AN/AN/A1790%
United Arab Emirates326144189120-28.3%
Hong Kong SAR13963.928390.6-13.3%
Others19912727227311.1%
Total5,9805,9185,8605,592-2.2%

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

  1. Australia (487.7 tons)
  2. China (177.0 tons)
  3. United States (125.5 tons)
  4. South Korea (110.3 tons)
  5. Taiwan (Chinese) (91.3 tons)
  6. Canada (58.6 tons)
  7. United Arab Emirates (32.8 tons)
  8. Hong Kong SAR (23.8 tons)

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in New Zealand

In 2022, the amount of mollusc preparations; mussels, prepared or preserveds imported into New Zealand contracted to 51 tons, falling by -13.7% against 2021 figures. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, imports attained the peak of 59 tons, and then reduced in the following year.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds reduced to $302K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 60%. As a result, imports attained the peak of $308K, and then dropped slightly in the following year.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1861392851951.6%
Thailand45.816.919.810732.7%
LatviaN/A36.42.9N/A-92.0%
Others6.3N/A0.2N/A-82.2%
Total2381923083028.3%

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

  1. China (35.0 tons)
  2. Thailand (16.1 tons)

Source: IndexBox Market Intelligence Platform

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