Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam - 2022

Contents:

  1. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam (FOB) - 2022
  2. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam (CIF) - 2022
  3. Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam
  4. Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam (FOB) - 2022

The average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $9,293 per ton in 2022, growing by 2.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 18%. As a result, the export price attained the peak level of $10,488 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($9,293 per ton), while the average price for exports to Cambodia amounted to $9,293 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+7.1%).

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam (CIF) - 2022

The average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $9,707 per ton in 2022, surging by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($9,707 per ton) and Japan ($9,707 per ton), while the price for South Korea ($9,707 per ton) and France ($9,707 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam

In 2022, approx. 907 tons of molluscs; oysters, whether in shell or not, live, fresh or chilleds were exported from Vietnam; with an increase of 59% compared with the previous year's figure. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 932%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds soared to $8.4M in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 837% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)0.43.64.77.9170.3%
CambodiaN/A0.20.40.441.4%
OthersN/AN/AN/A0.10%
Total0.43.85.28.4175.9%

Top Export Markets for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled from Vietnam in 2022:

  1. Taiwan (Chinese) (851.2 tons)
  2. Cambodia (46.2 tons)

Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam

In 2022, after two years of decline, there was growth in overseas purchases of molluscs; oysters, whether in shell or not, live, fresh or chilleds, when their volume increased by 1% to 94 tons. In general, imports, however, continue to indicate a dramatic shrinkage.

In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds expanded modestly to $915K in 2022. Overall, imports, however, showed a precipitous setback.

Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada474489323294-14.7%
France27780.478.2221-7.3%
China543320388162-33.2%
Japan24.932.872.811667.0%
South KoreaN/AN/AN/A70.30%
Australia7.7N/A13.646.081.4%
United States2,202383N/AN/A-82.6%
OthersN/A3.1N/A5.330.8%
Total3,5291,308876915-36.2%

Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to Vietnam in 2022:

  1. Canada (30.3 tons)
  2. France (22.8 tons)
  3. China (16.7 tons)
  4. Japan (12.0 tons)
  5. South Korea (7.2 tons)
  6. Australia (4.7 tons)

Source: IndexBox Market Intelligence Platform

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