Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China - 2023

Contents:

1. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China (FOB) - 2023
2. Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China (CIF) - 2022
3. Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China
4. Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China (FOB) - 2023

In December 2023, the average export price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $5,934 per ton, surging by 7.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 24% against the previous month. Over the period under review, the average export prices reached the peak figure at $6,634 per ton in June 2023; however, from July 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Thailand ($7,233 per ton), while the average price for exports to Australia ($4,022 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China (CIF) - 2022

The average import price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $1,204 per ton in 2022, leveling off at the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From 2019 to 2022, the rate of growth in terms of prices for South Korea amounted to 0.0% per year.

Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China

In 2022, after two years of decline, there was significant growth in shipments abroad of aquatic invertebrates; jellyfish, prepared or preserveds, when their volume increased by 17% to 1K tons. In general, exports, however, saw a noticeable descent.

In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds soared to $5.9M in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction.

Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from China in 2022:

1. Hong Kong SAR (615.2 tons)
2. United States (135.5 tons)
3. Canada (72.3 tons)
4. Singapore (51.8 tons)
5. Australia (45.7 tons)
6. Malaysia (34.7 tons)
7. Macao SAR (31.7 tons)
8. Thailand (12.1 tons)

Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in China

In 2022, after two years of decline, there was decline in purchases abroad of aquatic invertebrates; jellyfish, prepared or preserveds, when their volume decreased by 0% to 11 tons. Overall, imports saw a dramatic downturn. The smallest decline of 99.9% was in 2020.

In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds stood at $13K in 2022. Over the period under review, imports recorded a sharp contraction. The smallest decline of 99.9% was in 2020.

Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to China in 2022:

1. South Korea (10.6 tons)

Source: IndexBox Market Intelligence Platform