Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States - 2023
Contents:
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States (CIF) - 2023
- Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States (FOB) - 2022
- Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States
- Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States (CIF) - 2023
In December 2023, the average import price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $2,148 per ton, growing by 2.3% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 50% against the previous month. Over the period under review, average import prices reached the peak figure at $3,464 per ton in July 2023; however, from August 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($7,503 per ton), while the price for China amounted to $2,082 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; jellyfish, prepared or preserveds amounted to $2,879 per ton, stabilizing at the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 31%. The export price peaked at $8,899 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +37.6% per year.
Imports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States
In 2022, the amount of aquatic invertebrates; jellyfish, prepared or preserveds imported into the United States soared to 1K tons, jumping by 90% against 2021. Overall, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aquatic invertebrates; jellyfish, prepared or preserveds soared to $3.2M in 2022. In general, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,541 | 1,430 | 1,128 | 1,683 | 3.0% |
| Japan | 123 | 27.4 | 58.1 | 648 | 74.0% |
| Malaysia | 265 | 1,011 | 266 | 352 | 9.9% |
| Thailand | 40.2 | 9.3 | 45.4 | 164 | 59.8% |
| Nicaragua | 44.1 | 168 | N/A | 104 | 33.1% |
| Mexico | 32.5 | N/A | 55.4 | 65.1 | 26.1% |
| Others | 41.9 | 102 | 12.4 | 225 | 75.1% |
| Total | 2,087 | 2,747 | 1,565 | 3,240 | 15.8% |
Top Suppliers of Aquatic Invertebrates; Jellyfish, Prepared or Preserved to the United States in 2022:
- China (713.2 tons)
- Malaysia (95.6 tons)
- Thailand (83.4 tons)
- Japan (64.8 tons)
- Nicaragua (33.3 tons)
- Mexico (25.1 tons)
Exports of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States
In 2022, approx. 5.5 tons of aquatic invertebrates; jellyfish, prepared or preserveds were exported from the United States; remaining stable against 2021 figures. In general, exports continue to indicate a dramatic slump. The smallest decline of -92.9% was in 2020.
In value terms, exports of aquatic invertebrates; jellyfish, prepared or preserveds amounted to $16K in 2022. Overall, exports faced a significant curtailment. The smallest decline of -91.8% was in 2020.
| Export of Aquatic Invertebrates; Jellyfish, Prepared or Preserved in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 60.0 | N/A | N/A | 15.8 | -35.9% |
| Bahamas | N/A | 4.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 60.0 | 4.9 | N/A | 15.8 | -35.9% |
Top Export Markets for Aquatic Invertebrates; Jellyfish, Prepared or Preserved from the United States in 2022:
- Hong Kong SAR (5.5 tons)
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