Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy - 2023
Contents:
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy (CIF) - 2023
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy (FOB) - 2023
- Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy
- Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy
Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy (CIF) - 2023
In August 2023, the average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $4,434 per ton, which is down by -40.6% against the previous month. In general, the import price recorded a pronounced reduction. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 33% m-o-m. As a result, import price reached the peak level of $7,463 per ton, and then shrank significantly in the following month.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($6,056 per ton), while the price for France ($4,390 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy (FOB) - 2023
The average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $8,383 per ton in September 2023, with an increase of 14% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in November 2022 an increase of 32% m-o-m. Over the period under review, the average export prices hit record highs at $8,888 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Switzerland ($20,885 per ton), while the average price for exports to Albania ($5,261 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy
In 2022, the amount of molluscs; oysters, whether in shell or not, live, fresh or chilleds imported into Italy expanded to 9.4K tons, picking up by 4.7% on 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% 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 +68.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds soared to $49M in 2022. In general, imports enjoyed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 68% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 25.1 | 18.7 | 32.2 | 42.9 | 19.6% |
Spain | 3.7 | 1.8 | 2.7 | 3.9 | 1.8% |
Netherlands | 2.2 | 1.5 | 3.1 | 2.2 | 0.0% |
Others | 2.6 | 1.0 | 0.6 | 0.5 | -42.3% |
Total | 33.7 | 23.0 | 38.6 | 49.5 | 13.7% |
Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to Italy in 2022:
- France (8.3K tons)
- Netherlands (0.6K tons)
- Spain (0.4K tons)
Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy
In 2022, approx. 400 tons of molluscs; oysters, whether in shell or not, live, fresh or chilleds were exported from Italy; with an increase of 53% against the previous year. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 86% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds dropped modestly to $2.4M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. As a result, the exports attained the peak of $2.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 878 | 946 | 943 | 543 | -14.8% |
Malta | 170 | 161 | 416 | 479 | 41.2% |
Greece | 8.1 | 13.6 | 112 | 265 | 219.8% |
Romania | 96.3 | 81.4 | 144 | 222 | 32.1% |
Slovenia | 106 | 69.4 | 101 | 173 | 17.7% |
Croatia | 58.9 | 34.2 | 102 | 164 | 40.7% |
France | 79.4 | 58.1 | 75.7 | 143 | 21.7% |
Albania | 20.0 | 1.4 | 53.2 | 53.9 | 39.2% |
Spain | 20.0 | 944 | 28.8 | 16.4 | -6.4% |
Others | 276 | 344 | 493 | 332 | 6.4% |
Total | 1,712 | 2,653 | 2,469 | 2,391 | 11.8% |
Top Export Markets for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled from Italy in 2022:
- Malta (92.8 tons)
- Greece (75.1 tons)
- Romania (50.1 tons)
- Switzerland (42.2 tons)
- France (36.3 tons)
- Slovenia (24.7 tons)
- Croatia (22.8 tons)
- Albania (19.2 tons)
- Spain (2.7 tons)
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