Price for Mollusc Preparations; Oysters, Prepared or Preserved in the United States - 2023
Contents:
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in the United States (CIF) - 2022
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in the United States (FOB) - 2022
- Imports of Mollusc Preparations; Oysters, Prepared or Preserved in the United States
- Exports of Mollusc Preparations; Oysters, Prepared or Preserved in the United States
Price for Mollusc Preparations; Oysters, Prepared or Preserved in the United States (CIF) - 2022
In 2022, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $6,976 per ton, increasing by 7.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Japan ($11,495 per ton), while the price for South Korea ($6,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mollusc Preparations; Oysters, Prepared or Preserved in the United States (FOB) - 2022
The average export price for mollusc preparations; oysters, prepared or preserveds stood at $7,947 per ton in 2022, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2019 an increase of 47%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($14,841 per ton), while the average price for exports to China ($5,545 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 South Korea (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Oysters, Prepared or Preserved in the United States
In 2022, approx. 7.9K tons of mollusc preparations; oysters, prepared or preserveds were imported into the United States; rising by 31% against 2021 figures. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +26.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of mollusc preparations; oysters, prepared or preserveds soared to $55M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Mollusc Preparations; Oysters, Prepared or Preserved in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.3 | 29.3 | 25.7 | 38.1 | 32.7% |
| South Korea | 8.7 | 8.1 | 10.5 | 14.7 | 19.1% |
| Japan | 1.0 | 0.7 | 1.3 | 1.4 | 11.9% |
| Italy | N/A | N/A | 1.8 | 0.4 | -77.8% |
| Others | 0.2 | 0.1 | N/A | 0.4 | 26.0% |
| Total | 26.2 | 38.2 | 39.3 | 55.0 | 28.0% |
Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to the United States in 2022:
- China (5.3K tons)
- South Korea (2.2K tons)
- Japan (0.1K tons)
- Italy (0.1K tons)
Exports of Mollusc Preparations; Oysters, Prepared or Preserved in the United States
In 2022, approx. 65 tons of mollusc preparations; oysters, prepared or preserveds were exported from the United States; surging by 114% compared with 2021 figures. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; oysters, prepared or preserveds soared to $516K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Oysters, Prepared or Preserved in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 139 | 85.6 | 162 | 294 | 28.4% |
| China | N/A | N/A | N/A | 88.0 | 0% |
| Aruba | 7.1 | 32.2 | 27.2 | 36.8 | 73.1% |
| Bahrain | 8.8 | N/A | N/A | 26.6 | 44.6% |
| Mexico | N/A | 23.7 | 2.9 | 23.5 | -0.4% |
| Saint Maarten (Dutch part) | 15.4 | 4.4 | 21.2 | 12.1 | -7.7% |
| Singapore | 5.0 | N/A | N/A | 11.9 | 33.5% |
| Nicaragua | 48.0 | N/A | N/A | N/A | 0% |
| Honduras | 24.5 | N/A | N/A | N/A | 0% |
| Others | 10.0 | 3.4 | 3.0 | 22.5 | 31.0% |
| Total | 258 | 149 | 216 | 516 | 26.0% |
Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from the United States in 2022:
- Canada (32.9 tons)
- China (15.9 tons)
- Aruba (5.4 tons)
- Mexico (3.4 tons)
- Bahrain (2.3 tons)
- Saint Maarten (Dutch part) (1.5 tons)
- Singapore (1.3 tons)
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