Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore - 2022
Contents:
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore (CIF) - 2022
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore (FOB) - 2022
- Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore
- Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore (CIF) - 2022
The average import price for aquatic invertebrates; jellyfish, prepared or preserveds stood at $6,049 per ton in 2022, picking up by 9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($12,670 per ton), while the price for Malaysia ($4,327 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $9,627 per ton, increasing by 2.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 12% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($13,986 per ton), while the average price for exports to Malaysia amounted to $9,293 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+4.9%).
Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore
Imports of aquatic invertebrates; jellyfish, prepared or preserveds into Singapore declined modestly to 126 tons in 2022, which is down by -3.6% on the year before. In general, imports showed a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year.
In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds rose notably to $761K in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 231 | 133 | 192 | 252 | 2.9% |
| China | 203 | 183 | 211 | 198 | -0.8% |
| Japan | 148 | 173 | 216 | 189 | 8.5% |
| Malaysia | 44.9 | 10.5 | 95.2 | 91.8 | 26.9% |
| Hong Kong SAR | 11.2 | 10.4 | 8.7 | 24.9 | 30.5% |
| Others | 14.3 | 13.6 | 1.5 | 4.9 | -30.0% |
| Total | 652 | 524 | 724 | 761 | 5.3% |
Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to Singapore in 2022:
- China (42.6 tons)
- Taiwan (Chinese) (35.5 tons)
- Japan (24.0 tons)
- Malaysia (21.2 tons)
- Hong Kong SAR (2.0 tons)
Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore
After two years of decline, shipments abroad of aquatic invertebrates; jellyfish, prepared or preserveds increased by 33% to 7.2 tons in 2022. Overall, exports, however, continue to indicate a deep downturn.
In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds soared to $70K in 2022. In general, exports, however, continue to indicate a abrupt decline.
| Export of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 93.6 | 56.7 | 50.5 | 62.3 | -12.7% |
| Brunei Darussalam | 1.4 | 1.2 | N/A | 5.9 | 61.5% |
| Others | 0.5 | 0.4 | 0.6 | 1.4 | 40.9% |
| Total | 95.4 | 58.3 | 51.1 | 69.6 | -10.0% |
Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from Singapore in 2022:
- Malaysia (6.7 tons)
- Brunei Darussalam (0.4 tons)
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