Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Malaysia - 2024

Contents:

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

Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Malaysia (CIF) - 2022

The average import price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $18,316 per ton in 2022, with a decrease of -17.5% against the previous year. In general, the import price, however, saw a significant expansion. The growth pace was the most rapid in 2014 an increase of 431%. Over the period under review, average import prices hit record highs at $23,022 per ton in 2020; however, from 2021 to 2022, 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 Japan.

From 2013 to 2022, the rate of growth in terms of prices for Thailand amounted to +136.8% per year.

Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Malaysia (FOB) - 2022

The average export price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $587 per ton in 2022, standing approx. at the previous year. In general, the export price saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $4,952 per ton in 2018; however, from 2019 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 Singapore ($6,684 per ton), while the average price for exports to Myanmar totaled $497 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+65.7%).

Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Malaysia

Imports of aquatic invertebrates; sea urchins, prepared or preserveds into Malaysia surged to 53 tons in 2022, with an increase of 43% on the year before. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 157% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds soared to $962K in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 207%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A9590%
Singapore0.20.6819N/A6299.2%
China276851N/AN/A208.3%
Others3.68.1N/A3.4-1.9%
Total28085981996250.9%

Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to Malaysia in 2022:

  1. Japan (52.5 tons)

Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Malaysia

In 2022, exports of aquatic invertebrates; sea urchins, prepared or preserveds from Malaysia totaled 13 tons, therefore, remained relatively stable against 2021. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds totaled $7.7K in 2022. In general, exports posted a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Malaysia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Myanmar0.4N/A6.4300.0%
Singapore1.1N/A1.38.7%
OthersN/AN/AN/A0%
Total1.5N/A7.7126.6%

Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from Malaysia in 2022:

  1. Myanmar (12.8 tons)
  2. Singapore (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Aquatic invertebrates; sea urchins, prepared or preserved - Malaysia