Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Australia - 2023

Contents:

  1. Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Australia (CIF) - 2022
  2. Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Australia

Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Australia (CIF) - 2022

In 2022, the average import price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $106,110 per ton, with an increase of 121% against the previous year. Overall, the import price enjoyed a moderate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($121,427 per ton), while the price for Chile totaled $81,138 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Australia

In 2022, purchases abroad of aquatic invertebrates; sea urchins, prepared or preserveds decreased by -37% to 363 kg, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 183% against the previous year. As a result, imports reached the peak of 802 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds skyrocketed to $39K in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 57%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6.4N/A2.027.362.2%
Chile7.513.823.811.214.3%
China0.7N/AN/AN/A0%
Taiwan (Chinese)N/A3.81.8N/A-52.6%
OthersN/AN/AN/AN/A0%
Total14.717.627.638.537.8%

Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to Australia in 2022:

  1. Japan (225.0 kg)
  2. Chile (138.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Aquatic invertebrates; sea urchins, prepared or preserved - Australia