Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States - 2023
Contents:
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States (CIF) - 2022
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States (FOB) - 2022
- Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States
- Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States (CIF) - 2022
In 2022, the average import price for aquatic invertebrates; sea cucumbers, prepared or preserveds amounted to $19,748 per ton, rising by 19% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aquatic invertebrates; sea cucumbers, prepared or preserveds increased by +59.4% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 66% against the previous year. The import price peaked at $22,172 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Honduras ($54,629 per ton), while the price for Mexico ($10,558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States (FOB) - 2022
The average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $6,895 per ton in 2022, which is down by -2.3% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2020 an increase of 86% against the previous year. As a result, the export price attained the peak level of $12,779 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($7,386 per ton), while the average price for exports to Hong Kong SAR ($4,820 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States
In 2022, imports of aquatic invertebrates; sea cucumbers, prepared or preserveds into the United States skyrocketed to 111 tons, with an increase of 51% compared with the previous year's figure. In general, imports, however, recorded a abrupt contraction.
In value terms, imports of aquatic invertebrates; sea cucumbers, prepared or preserveds surged to $2.2M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | N/A | N/A | N/A | 523 | 0% |
| Honduras | 577 | 84.5 | 355 | 514 | -3.8% |
| Japan | 41.7 | N/A | 200 | 281 | 88.9% |
| Haiti | N/A | N/A | N/A | 250 | 0% |
| Australia | N/A | N/A | N/A | 132 | 0% |
| Nicaragua | N/A | N/A | N/A | 125 | 0% |
| Turkey | 363 | 62.6 | 104 | 118 | -31.2% |
| Mexico | 848 | 451 | 151 | 49.1 | -61.3% |
| China | N/A | N/A | 50.2 | 15.9 | -68.3% |
| Sri Lanka | N/A | N/A | 88.8 | N/A | 0% |
| Hong Kong SAR | 107 | N/A | N/A | N/A | 0% |
| Others | 218 | 75.7 | 272 | 192 | -4.1% |
| Total | 2,155 | 674 | 1,221 | 2,200 | 0.7% |
Top Suppliers of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved to the United States in 2022:
- Ecuador (29.6 tons)
- Japan (17.8 tons)
- Turkey (11.2 tons)
- Haiti (10.5 tons)
- Honduras (9.4 tons)
- Nicaragua (9.3 tons)
- Australia (7.5 tons)
- Mexico (4.6 tons)
- China (1.8 tons)
Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States
Exports of aquatic invertebrates; sea cucumbers, prepared or preserveds from the United States surged to 231 tons in 2022, jumping by 163% on 2021 figures. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,543% 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.
In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds surged to $1.6M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 1,912%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 474 | 1,087 | 129.3% |
| China | 13.5 | N/A | 12.0 | 394 | 207.9% |
| Hong Kong SAR | 28.2 | N/A | 68.1 | 85.0 | 44.5% |
| Others | N/A | 30.8 | 65.9 | 29.0 | -3.0% |
| Total | 41.7 | 30.8 | 620 | 1,595 | 236.9% |
Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from the United States in 2022:
- South Korea (157.8 tons)
- China (53.4 tons)
- Hong Kong SAR (17.6 tons)
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