Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines - 2022
Contents:
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines (FOB) - 2022
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines (CIF) - 2022
- Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines
- Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines
Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines (FOB) - 2022
In 2022, the average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $9,019 per ton, flattening at the previous year. In general, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 282%. As a result, the export price reached the peak level of $20,332 per ton. From 2019 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 South Korea.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +4.8% per year.
Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines (CIF) - 2022
The average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $6,545 per ton in 2022, waning by -21.6% against the previous year. In general, the import price recorded a abrupt curtailment. Over the period under review, average import prices hit record highs at $17,160 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($14,000 per ton), while the price for China ($1,000 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced a decline.
Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines
In 2022, overseas shipments of molluscs; oysters, whether in shell or not, live, fresh or chilleds decreased by 0% to 887 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 340% against the previous year. As a result, the exports attained the peak of 7.4 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $8K in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 248%. As a result, the exports reached the peak of $46K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 8.0 | 0% |
| Qatar | N/A | 43.7 | N/A | N/A | 0% |
| Singapore | 0.1 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 9.7 | N/A | N/A | N/A | 0% |
| Others | 3.5 | 2.4 | N/A | N/A | -31.4% |
| Total | 13.3 | 46.1 | N/A | 8.0 | -15.6% |
Top Export Markets for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled from the Philippines in 2022:
- South Korea (887.0 kg)
Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines
In 2022, approx. 11 kg of molluscs; oysters, whether in shell or not, live, fresh or chilleds were imported into the Philippines; reducing by -35.3% compared with 2021 figures. In general, imports recorded a sharp reduction.
In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds reduced remarkably to $72 in 2022. Overall, imports continue to indicate a dramatic shrinkage.
| Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 99.0 | 40.0 | -59.6% | ||
| Ireland | N/A | 14.0 | 0% | ||
| France | 29.0 | 13.0 | -55.2% | ||
| Netherlands | 14.0 | 3.0 | -78.6% | ||
| Australia | N/A | 1.0 | 0% | ||
| China | N/A | 1.0 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 142 | 72.0 | -49.3% | ||
Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to the Philippines in 2022:
- United States (5.0 kg)
- France (2.0 kg)
- Australia (1.0 kg)
- Netherlands (1.0 kg)
- China (1.0 kg)
- Ireland (1.0 kg)
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