Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka - 2022

Contents:

  1. Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka (FOB) - 2022
  2. Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka (CIF) - 2022
  3. Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka
  4. Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka

Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka (FOB) - 2022

The average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $23,758 per ton in 2022, growing by 44% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. Over the period under review, the average export prices reached the peak figure at $105,449 per ton in 2012; however, from 2013 to 2022, the export prices stood 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 ($35,544 per ton), while the average price for exports to Malaysia ($16,820 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 (-9.5%), while the prices for the other major destinations experienced a decline.

Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka (CIF) - 2022

The average import price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $10,013 per ton in 2020, with an increase of 11% against the previous year. Over the period under review, the import price recorded a mild expansion. The import price peaked at $46,671 per ton in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Indonesia amounted to +149.5% per year.

Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka

In 2022, the amount of aquatic invertebrates; sea cucumbers, prepared or preserveds exported from Sri Lanka skyrocketed to 3.1 tons, growing by 162% on 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds skyrocketed to $73K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR0.40.40.440.4365.7%
Malaysia1.42.70.121.5148.6%
Singapore4.30.80.311.338.0%
Taiwan (Chinese)12.515.518.7N/A22.3%
Others0.9N/AN/AN/A0%
Total19.519.519.473.255.4%

Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from Sri Lanka in 2022:

  1. Malaysia (1.3 tons)
  2. Hong Kong SAR (1.1 tons)
  3. Singapore (0.7 tons)

Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka

Imports of aquatic invertebrates; sea cucumbers, prepared or preserveds into Sri Lanka declined significantly to 306 kg in 2020, shrinking by -88.6% against the previous year. Over the period under review, imports recorded a precipitous decrease.

In value terms, imports of aquatic invertebrates; sea cucumbers, prepared or preserveds fell notably to $3.1K in 2020. In general, imports showed a dramatic decline.

Import of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Sri Lanka (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Tanzania24.23.1-87.2%
OthersN/AN/A0%
Total24.23.1-87.2%

Top Suppliers of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved to Sri Lanka in 2022:

  1. Tanzania (306.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Aquatic invertebrates; sea cucumbers, prepared or preserved - Sri Lanka