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

Contents:

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

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

In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $2,123 per ton, almost unchanged from the previous year. Over the period under review, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32% against the previous year. As a result, import price attained the peak level of $5,547 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 New Zealand ($8,386 per ton), while the price for China ($1,605 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for mollusc preparations; mussels, prepared or preserveds stood at $6,109 per ton in 2022, declining by -5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2014 when the average export price increased by 47%. As a result, the export price attained the peak level of $7,485 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($8,373 per ton), while the average price for exports to South Korea ($1,934 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 Hong Kong SAR (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of mollusc preparations; mussels, prepared or preserveds into Thailand shrank modestly to 1.4K tons in 2022, stabilizing at the year before. Over the period under review, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 6.7%.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds contracted slightly to $2.9M in 2022. Overall, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 3.9% against the previous year.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.51.61.61.5-15.7%
Chile4.71.21.21.2-36.6%
New Zealand4.00.10.10.2-63.2%
OthersN/AN/AN/AN/A0%
Total11.22.93.02.9-36.3%

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

  1. China (923.9 tons)
  2. Chile (415.2 tons)
  3. New Zealand (26.0 tons)

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

For the third consecutive year, Thailand recorded decline in shipments abroad of mollusc preparations; mussels, prepared or preserveds, which decreased by -49.5% to 83 tons in 2022. Overall, exports saw a sharp downturn. The smallest decline of -8.1% was in 2021.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds reduced sharply to $505K in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The smallest decline of -11.4% was in 2021.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2995303833424.6%
JapanN/A7.621868.4200.0%
Lao People's Democratic Republic12.59.013.029.132.5%
Taiwan (Chinese)12.311.99.819.216.0%
Cambodia57356939718.8-68.0%
Israel17.739.435.717.3-0.8%
Russia99.4N/AN/AN/A0%
Germany415N/AN/AN/A0%
Others22828.83.710.1-64.6%
Total1,6561,1961,060505-32.7%

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

  1. United States (52.9 tons)
  2. Japan (11.6 tons)
  3. Taiwan (Chinese) (6.3 tons)
  4. Israel (4.1 tons)
  5. Lao People's Democratic Republic (3.5 tons)
  6. Cambodia (2.4 tons)

Source: IndexBox Market Intelligence Platform

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