Oysters Market
Oysters market: enjoy newly released facts and figures provided by an Ai-driven market intelligence tool. Data provide market prices, exports, market size, companies, consumption, production, trade, and imports. Here is a split by country, including Latin America, the Middle East, Russia, China, the U.S., Africa, the U.K., and EU. Market dynamics and forecast to 2030 are also featured in the reports.
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Oysters - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Ireland |
| 2 | Hong Kong SAR |
| 3 | France |
| 4 | Netherlands |
| 5 | Italy |
In value terms, Ireland, Hong Kong SAR and France were the countries with the highest levels of market value in 2020, together accounting for 46% of the global market.
Ireland (+139.2% per year) saw the highest growth rate of market size, among the main consuming countries over the period under review, while market of oysters, live, fresh, chilled, frozen, dried, salted or in brine for the other global leaders experienced more modest paces of growth.
Oysters, Live, Fresh, Chilled, Frozen, Dried, Salted Or In Brine Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Australia | 1283 | 954 | 709 | -25.7% |
| China | 1519 | 1358 | 1213 | -10.6% |
| South Korea | 5001 | 4689 | 4397 | -6.2% |
| Mexico | 4992 | 5435 | 5918 | 8.9% |
| Canada | 10649 | 11338 | 12072 | 6.5% |
| New Zealand | 16662 | 18178 | 19832 | 9.1% |
| Hong Kong SAR | 25315 | 27712 | 30343 | 9.5% |
| Average | 6944 | 7073 | 6352 | -4.4% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Hong Kong SAR ($30,343 per ton), while Australia ($709 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Italy | 10338 | 11326 | 12408 | 9.6% |
| Canada | 10053 | 10407 | 10775 | 3.5% |
| China | 9375 | 9375 | 9375 | 0.0% |
| Singapore | 5971 | 5564 | 5184 | -6.8% |
| France | 5183 | 5143 | 5103 | -0.8% |
| Hong Kong SAR | 4193 | 3750 | 3353 | -10.6% |
| Japan | 1306 | 1015 | 789 | -22.3% |
| Average | 5614 | 5444 | 4902 | -6.6% |
Prices varied noticeably by the country of destination; the country with the highest price was Italy ($12,408 per ton), while Japan ($789 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.
Oysters, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| France | 59 | 65 | 70 | 9.1% |
| Hong Kong SAR | 63 | 64 | 65 | 1.4% |
| Canada | 38 | 44 | 51 | 15.5% |
| China | 32 | 38 | 46 | 20.0% |
| Italy | 35 | 36 | 36 | 1.6% |
In value terms, the largest oysters, live, fresh, chilled, frozen, dried, salted or in brine importing markets worldwide were France ($70M), Hong Kong SAR ($65M) and Canada ($51M), together accounting for 53% of global imports. China, Italy, Singapore and Japan lagged somewhat behind, together comprising a further 32%.
Among the main importing countries, China recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Oysters, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| South Korea | 95 | 100 | 106 | 5.2% |
| Canada | 40 | 44 | 48 | 9.4% |
| Hong Kong SAR | 26 | 32 | 38 | 19.6% |
| New Zealand | 23 | 25 | 26 | 6.2% |
| Mexico | 7.4 | 8.7 | 10 | 17.8% |
In value terms, South Korea ($106M) remains the largest oysters, live, fresh, chilled, frozen, dried, salted or in brine supplier worldwide, comprising 45% of global exports. The second position in the ranking was occupied by Canada ($48M), with a 20% share of global exports. It was followed by Hong Kong SAR, with a 16% share.
From 2018 to 2020, the average annual growth rate of value in South Korea stood at +5.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Canada (+9.4% per year) and Hong Kong SAR (+19.6% per year).
Oysters, Live, Fresh, Chilled, Frozen, Dried, Salted or in Brine - Market Forecast
Driven by increasing demand for oysters, live, fresh, chilled, frozen, dried, salted or in brine worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Oysters - Product Coverage
- HS 030710 - Molluscs; oysters, live, fresh, chilled, frozen, dried, salted or in brine (whether in shell or not)
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