Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore - 2022
Contents:
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore (CIF) - 2022
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore (FOB) - 2022
- Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore
- Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore (CIF) - 2022
The average import price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $41,806 per ton in 2022, picking up by 103% against the previous year. Overall, the import price showed a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 645%. As a result, import price reached the peak level of $145,837 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 China ($104,698 per ton), while the price for Maldives ($6,461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore (FOB) - 2022
The average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $31,621 per ton in 2022, picking up by 44% against the previous year. In general, the export price, however, recorded a abrupt setback. The growth pace was the most rapid in 2020 when the average export price increased by 174%. As a result, the export price reached the peak level of $151,133 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($119,583 per ton), while the average price for exports to China ($15,366 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+23.4%), while the prices for the other major destinations experienced a decline.
Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore
Imports of aquatic invertebrates; sea cucumbers, prepared or preserveds into Singapore declined to 12 tons in 2022, shrinking by -11.7% compared with the year before. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 235%. As a result, imports reached the peak of 13 tons, and then contracted in the following year.
In value terms, imports of aquatic invertebrates; sea cucumbers, prepared or preserveds surged to $496K in 2022. Over the period under review, imports recorded a slight reduction.
| Import of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 169 | 71.8 | 15.7 | 131 | -8.1% |
| Hong Kong SAR | N/A | 32.7 | 0.2 | 122 | 93.2% |
| Philippines | 11.5 | 48.3 | 148 | 86.5 | 95.9% |
| Malaysia | 76.9 | 29.8 | 109 | 81.1 | 1.8% |
| China | N/A | N/A | 0.8 | 56.4 | 6950.0% |
| Mauritania | N/A | N/A | N/A | 10.8 | 0% |
| Maldives | 0.1 | N/A | N/A | 6.3 | 297.9% |
| Solomon Islands | 222 | N/A | N/A | N/A | 0% |
| Others | 40.1 | 8.9 | 3.9 | 1.4 | -67.3% |
| Total | 520 | 191 | 277 | 496 | -1.6% |
Top Suppliers of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved to Singapore in 2022:
- Philippines (3.8 tons)
- Malaysia (2.7 tons)
- Hong Kong SAR (1.6 tons)
- Indonesia (1.5 tons)
- Maldives (1.0 tons)
- Mauritania (0.7 tons)
- China (0.5 tons)
Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore
In 2022, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds from Singapore soared to 5.6 tons, increasing by 17% on the year before. Overall, exports, however, recorded a deep setback. The growth pace was the most rapid in 2021 when exports increased by 487%.
In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds soared to $178K in 2022. In general, exports, however, recorded a sharp downturn.
| Export of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 17.4 | 1.2 | 105 | 87.1 | 71.1% |
| Hong Kong SAR | 381 | 122 | N/A | 77.5 | -41.2% |
| China | N/A | N/A | N/A | 10.8 | 0% |
| Indonesia | 20.1 | 0.2 | N/A | N/A | -99.0% |
| Australia | 9.5 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 0.4 | 0.4 | 3.0 | 6.3% |
| Total | 430 | 124 | 105 | 178 | -25.5% |
Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from Singapore in 2022:
- Malaysia (4.3 tons)
- China (0.7 tons)
- Hong Kong SAR (0.6 tons)
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