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

Contents:

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

Price for Mollusc Preparations; Oysters, Prepared or Preserved in Vietnam (FOB) - 2022

The average export price for mollusc preparations; oysters, prepared or preserveds stood at $4,944 per ton in 2022, which is down by -35.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 38% against the previous year. As a result, the export price attained the peak level of $14,860 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5,685 per ton), while the average price for exports to Germany amounted to $2,111 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+29.8%), while the prices for the other major destinations experienced a decline.

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

The average import price for mollusc preparations; oysters, prepared or preserveds stood at $12,595 per ton in 2022, picking up by 66% against the previous year. Over the period under review, the import price saw a measured increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,348 per ton), while the price for Japan totaled $10,043 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.6%), while the prices for the other major suppliers experienced a decline.

Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Vietnam

In 2022, shipments abroad of mollusc preparations; oysters, prepared or preserveds increased by 208% to 1.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a sharp reduction.

In value terms, exports of mollusc preparations; oysters, prepared or preserveds surged to $5.6K in 2022. In general, exports, however, saw a precipitous slump.

Export of Mollusc Preparations; Oysters, Prepared or Preserved in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)11.05.22.45.1-22.6%
GermanyN/AN/AN/A0.50%
Hong Kong SAR2.4N/AN/AN/A0%
United StatesN/A10.7N/AN/A0%
Singapore7.7N/A0.1N/A-88.6%
Others8.1N/A0.3N/A-80.8%
Total29.116.02.85.6-42.3%

Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from Vietnam in 2022:

  1. Taiwan (Chinese) (903.0 kg)
  2. Germany (235.0 kg)

Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Vietnam

In 2022, approx. 301 kg of mollusc preparations; oysters, prepared or preserveds were imported into Vietnam; falling by -5% on the previous year. Over the period under review, imports faced a significant decline.

In value terms, imports of mollusc preparations; oysters, prepared or preserveds soared to $3.8K in 2022. In general, imports continue to indicate a deep slump.

Import of Mollusc Preparations; Oysters, Prepared or Preserved in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5.23.42.21.9-28.5%
FranceN/AN/AN/A1.80%
South Korea0.30.30.20.1-30.7%
OthersN/AN/AN/AN/A0%
Total5.63.62.43.8-12.1%

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

  1. Japan (186.0 kg)
  2. France (112.0 kg)
  3. South Korea (3.0 kg)

Source: IndexBox Market Intelligence Platform

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