Price for Aquatic invertebrates; sea cucumbers (Stichopus japonicus, Holothurioidea), live, fresh or chilled in the Philippines - 2022

Contents:

  1. Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in the Philippines (FOB) - 2022
  2. Exports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in the Philippines

Price for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in the Philippines (FOB) - 2022

The average export price for aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds stood at $10,337 per ton in 2022, increasing by 1.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 866%. As a result, the export price reached the peak level of $54,719 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to -28.9% per year.

Exports of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in the Philippines

In 2022, the amount of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds exported from the Philippines surged to 7.3 tons, with an increase of 65,964% on the previous year's figure. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aquatic invertebrates; sea cucumbers (stichopus japonicus, holothurioidea), live, fresh or chilleds soared to $75K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.3N/AN/A75.1286.6%
Others0.2N/A0.1N/A-29.3%
Total1.6N/A0.175.1260.7%

Top Export Markets for Aquatic Invertebrates; Sea Cucumbers (Stichopus Japonicus, Holothurioidea), Live, Fresh or Chilled from the Philippines in 2022:

  1. Malaysia (7.3 tons)

Source: IndexBox Market Intelligence Platform

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