Report Update: May 1, 2024

Indonesia - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights

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Molluscs Price in Indonesia - 2022

Molluscs Price in Indonesia (FOB) - 2022

The average molluscs export price stood at $4,561 per ton in March 2022, with an increase of 15% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In March 2022, the country with the highest price was Italy ($6,920 per ton), while the average price for exports to China ($3,082 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Molluscs Price in Indonesia (CIF) - 2022

In March 2022, the average molluscs import price amounted to $2,275 per ton, waning by -32.7% against the previous month. Over the period under review, import price indicated a mild increase from March 2021 to March 2022: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, molluscs import price decreased by -32.7% against February 2022 indices. The most prominent rate of growth was recorded in January 2022 an increase of 48% month-to-month. The import price peaked at $3,382 per ton in February 2022, and then shrank notably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was China ($2,340 per ton), while the price for Japan totaled $1,452 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Molluscs Exports in Indonesia

In 2022, approx. 156K tons of molluscs (scallops, mussels, cuttle fish, squid and octopus) were exported from Indonesia; dropping by -6.3% compared with 2021. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 166K tons, and then reduced in the following year.

In value terms, molluscs exports soared to $718M in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 21%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Molluscs in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	230	206	286	283	7.2%
Vietnam	110	94.2	96.9	185	18.9%
Taiwan (Chinese)	45.6	74.5	57.4	54.0	5.8%
Italy	40.5	24.7	37.9	53.6	9.8%
United States	23.4	12.4	28.4	23.7	0.4%
South Korea	13.1	16.9	16.2	22.8	20.3%
Thailand	12.9	13.7	13.4	13.1	0.5%
Others	69.3	55.6	66.4	82.6	6.0%
Total	545	497	603	718	9.6%

Top Export Markets for Molluscs from Indonesia in 2022:

China (80.3K tons)
Vietnam (32.5K tons)
Taiwan (Chinese) (13.0K tons)
Italy (7.8K tons)
South Korea (3.6K tons)
United States (3.5K tons)
Thailand (2.2K tons)

Molluscs Imports in Indonesia

In 2022, molluscs imports into Indonesia skyrocketed to 5.2K tons, jumping by 75% compared with 2021 figures. Overall, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, molluscs imports skyrocketed to $13M in 2022. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Molluscs in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	7.5	4.6	6.1	12.1	17.3%
Pakistan	0.2	0.2	0.8	0.8	58.7%
Japan	0.4	0.2	0.2	0.3	-9.1%
Malaysia	0.1	0.4	N/A	N/A	300.0%
Others	1.0	0.4	0.3	0.3	-33.1%
Total	9.2	5.8	7.4	13.5	13.6%

Top Suppliers of Molluscs to Indonesia in 2022:

China (4.7K tons)
Japan (0.2K tons)
Pakistan (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the molluscs market in Indonesia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine

Country coverage:

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023