Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore - 2023
Contents:
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore (CIF) - 2022
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore (FOB) - 2022
- Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore
- Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore (CIF) - 2022
The average import price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $82,141 per ton in 2022, which is down by -30.8% against the previous year. In general, the import price, however, showed moderate growth. The pace of growth was the most pronounced in 2018 an increase of 63% against the previous year. Over the period under review, average import prices attained the maximum at $118,722 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($193,267 per ton), while the price for China ($7,714 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+55.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore (FOB) - 2022
The average export price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $2,383 per ton in 2022, declining by -22.8% against the previous year. In general, the export price faced a dramatic downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 938% against the previous year. The export price peaked at $111,857 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2013 to 2022, the rate of growth in terms of prices for Indonesia amounted to -29.5% per year.
Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore
In 2022, approx. 1.9 tons of aquatic invertebrates; sea urchins, prepared or preserveds were imported into Singapore; picking up by 55% on the previous year's figure. In general, imports, however, continue to indicate a deep slump.
In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds totaled $160K in 2022. Overall, imports, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year.
| Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 67.9 | 63.9 | 106 | 102 | 14.5% |
| Chile | 106 | 8.6 | N/A | 36.9 | -29.7% |
| Peru | N/A | N/A | 21.5 | 10.6 | -50.7% |
| Spain | 2.1 | 3.4 | 7.4 | 5.8 | 40.3% |
| Malaysia | N/A | N/A | N/A | 1.2 | 0% |
| Others | 4.4 | 3.5 | 14.2 | 3.8 | -4.8% |
| Total | 180 | 79.3 | 149 | 160 | -3.9% |
Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to Singapore in 2022:
- Japan (1470.0 kg)
- Chile (306.0 kg)
- Peru (65.0 kg)
- Malaysia (48.0 kg)
- Spain (30.0 kg)
Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore
Exports of aquatic invertebrates; sea urchins, prepared or preserveds from Singapore surged to 6.5 tons in 2022, with an increase of 1,624% against the previous year's figure. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds soared to $15K in 2022. 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.
| Export of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | 1.0 | 14.2 | 1320.0% |
| Others | 1.3 | N/A | 0.1 | 1.2 | -2.6% |
| Total | 1.3 | N/A | 1.2 | 15.4 | 128.0% |
Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from Singapore in 2022:
- Indonesia (6.5 tons)
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