Price for Mollusc Preparations; Oysters, Prepared or Preserved in China - 2023
Contents:
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in China (FOB) - 2023
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in China (CIF) - 2022
- Exports of Mollusc Preparations; Oysters, Prepared or Preserved in China
- Imports of Mollusc Preparations; Oysters, Prepared or Preserved in China
Price for Mollusc Preparations; Oysters, Prepared or Preserved in China (FOB) - 2023
The average export price for mollusc preparations; oysters, prepared or preserveds stood at $10,864 per ton in December 2023, growing by 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in November 2023 an increase of 14% m-o-m. The export price peaked in December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was New Zealand ($15,586 per ton), while the average price for exports to Japan ($5,370 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mollusc Preparations; Oysters, Prepared or Preserved in China (CIF) - 2022
In 2022, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $36,244 per ton, surging by 9.4% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 156% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2013 to 2022, the rate of growth in terms of prices for Japan amounted to +44.8% per year.
Exports of Mollusc Preparations; Oysters, Prepared or Preserved in China
In 2022, the amount of mollusc preparations; oysters, prepared or preserveds exported from China expanded sharply to 8.1K tons, surging by 8.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 27%. As a result, the exports attained the peak of 8.2K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of mollusc preparations; oysters, prepared or preserveds expanded rapidly to $84M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.6% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Mollusc Preparations; Oysters, Prepared or Preserved in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.1 | 38.7 | 48.1 | 56.9 | 28.1% |
| Canada | 6.8 | 7.8 | 7.8 | 7.4 | 2.9% |
| Australia | 4.3 | 4.4 | 4.2 | 4.6 | 2.3% |
| Singapore | 4.1 | 1.2 | 2.2 | 3.8 | -2.5% |
| Malaysia | 0.7 | 1.0 | 2.0 | 3.0 | 62.4% |
| Japan | 5.0 | 4.9 | 3.9 | 2.4 | -21.7% |
| South Africa | 0.7 | 0.5 | 1.1 | 2.3 | 48.7% |
| Mexico | 1.5 | 1.2 | 1.4 | 1.5 | 0.0% |
| Hong Kong SAR | 1.1 | 0.9 | 1.6 | 0.6 | -18.3% |
| Others | 1.3 | 2.4 | 2.1 | 1.9 | 13.5% |
| Total | 52.5 | 63.0 | 74.5 | 84.3 | 17.1% |
Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from China in 2022:
- United States (4686.9 tons)
- Canada (878.2 tons)
- Australia (548.4 tons)
- Japan (430.1 tons)
- Singapore (423.4 tons)
- South Africa (367.6 tons)
- Malaysia (363.6 tons)
- Mexico (176.5 tons)
- Hong Kong SAR (82.9 tons)
Imports of Mollusc Preparations; Oysters, Prepared or Preserved in China
In 2022, the amount of mollusc preparations; oysters, prepared or preserveds imported into China skyrocketed to 7.9 tons, picking up by 47% on 2021. Over the period under review, imports, however, continue to indicate a sharp decline.
In value terms, imports of mollusc preparations; oysters, prepared or preserveds surged to $285K in 2022. Overall, imports, however, recorded a relatively flat trend pattern.
| Import of Mollusc Preparations; Oysters, Prepared or Preserved in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 193 | 170 | 178 | 283 | 13.6% |
| South Korea | 99.7 | 147 | N/A | N/A | 47.4% |
| Others | N/A | 1.9 | N/A | 2.4 | 12.4% |
| Total | 293 | 319 | 178 | 285 | -0.9% |
Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to China in 2022:
- Japan (7.8 tons)
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