Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia - 2023
Contents:
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia (CIF) - 2022
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia (FOB) - 2022
- Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia
- Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia (CIF) - 2022
In 2022, the average import price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $5,062 per ton, declining by -9.7% against the previous year. In general, the import price, however, saw resilient growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 45%. The import price peaked at $5,603 per ton in 2021, and then contracted in the following year.
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 ($9,984 per ton), while the price for Hong Kong SAR ($2,366 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia (FOB) - 2022
The average export price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $12,032 per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 when the average export price increased by 13% against the previous year. As a result, the export price attained the peak level of $13,667 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +2.4% per year.
Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia
In 2022, approx. 201 tons of aquatic invertebrates; jellyfish, prepared or preserveds were imported into Australia; with an increase of 134% compared with the year before. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds surged to $1M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 272 | 260 | 259 | 671 | 35.1% |
| Malaysia | 86.8 | 198 | 120 | 257 | 43.6% |
| Japan | 68.2 | 49.6 | 66.8 | 78.0 | 4.6% |
| Others | 16.4 | 9.0 | 36.1 | 10.8 | -13.0% |
| Total | 443 | 517 | 482 | 1,017 | 31.9% |
Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to Australia in 2022:
- China (155.1 tons)
- Malaysia (35.2 tons)
- Japan (7.8 tons)
Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia
In 2022, shipments abroad of aquatic invertebrates; jellyfish, prepared or preserveds decreased by 0% to 251 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 271% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds reached $3K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 252% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 0.5 | 1.7 | 0.6 | 3.0 | 81.7% |
| Solomon Islands | N/A | N/A | 2.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 1.8 | 3.0 | 3.0 | 81.7% |
Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from Australia in 2022:
- Maldives (251.0 kg)
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