Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea - 2022
Contents:
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea (CIF) - 2022
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea (FOB) - 2022
- Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea
- Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea (CIF) - 2022
The average import price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $51,695 per ton in 2022, with an increase of 1.5% against the previous year. In general, the import price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2018 an increase of 201% against the previous year. Over the period under review, average import prices attained the peak figure at $53,167 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($59,524 per ton), while the price for Thailand ($8,075 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+68.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $20,021 per ton, dropping by -15.4% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 45% against the previous year. Over the period under review, the average export prices hit record highs at $76,889 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($66,938 per ton), while the average price for exports to Japan stood at $14,844 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+527.1%).
Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea
Imports of aquatic invertebrates; sea urchins, prepared or preserveds into South Korea skyrocketed to 2.1 tons in 2022, jumping by 198% against the previous year. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds soared to $111K in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 12.7 | 9.5 | 12.3 | 99.2 | 98.4% |
| Japan | 0.2 | 0.2 | 2.5 | 11.1 | 281.4% |
| Thailand | N/A | N/A | N/A | 0.3 | 0% |
| Peru | 5.6 | 18.7 | 4.6 | N/A | -9.4% |
| United States | 17.1 | 25.8 | 13.8 | N/A | -10.2% |
| Madagascar | N/A | N/A | 3.4 | N/A | 0% |
| Others | 0.8 | N/A | N/A | N/A | 0% |
| Total | 36.3 | 54.1 | 36.6 | 111 | 45.1% |
Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to South Korea in 2022:
- Canada (1914.0 kg)
- Japan (187.0 kg)
- Thailand (40.0 kg)
Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea
In 2022, exports of aquatic invertebrates; sea urchins, prepared or preserveds from South Korea soared to 805 kg, rising by 26,733% compared with the previous year. Over the period under review, exports recorded 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 urchins, prepared or preserveds soared to $16K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Japan | N/A | 10.8 | 0% | ||
| Hong Kong SAR | N/A | 5.4 | 0% | ||
| Others | 0.1 | N/A | 0% | ||
| Total | 0.1 | 16.1 | 16000.0% | ||
Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from South Korea in 2022:
- Japan (725.0 kg)
- Hong Kong SAR (80.0 kg)
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