Price for Mollusc Preparations; Oysters, Prepared or Preserved in Saudi Arabia - 2022

Contents:

  1. Price for Mollusc Preparations; Oysters, Prepared or Preserved in Saudi Arabia (CIF) - 2022
  2. Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Saudi Arabia

Price for Mollusc Preparations; Oysters, Prepared or Preserved in Saudi Arabia (CIF) - 2022

The average import price for mollusc preparations; oysters, prepared or preserveds stood at $6,390 per ton in 2022, declining by -12.7% against the previous year. Overall, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 144%. As a result, import price reached the peak level of $19,736 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bahrain.

From 2017 to 2022, the rate of growth in terms of prices for Bahrain amounted to -5.7% per year.

Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Saudi Arabia

In 2022, overseas purchases of mollusc preparations; oysters, prepared or preserveds decreased by -57.8% to 1.5 tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,005%. As a result, imports reached the peak of 24 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of mollusc preparations; oysters, prepared or preserveds shrank dramatically to $9.4K in 2022. Over the period under review, imports showed a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 688%. As a result, imports reached the peak of $175K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Mollusc Preparations; Oysters, Prepared or Preserved in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/AN/AN/A9.40%
SpainN/AN/A21.3N/A0%
New ZealandN/A164N/AN/A0%
United States22.1N/A1.0N/A-78.7%
OthersN/A10.93.3N/A-69.7%
Total22.117525.69.4-24.8%

Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Saudi Arabia in 2022:

  1. Bahrain (1.5 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Mollusc preparations; oysters, prepared or preserved - Saudi Arabia