Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United States - 2023

Contents:

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

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

The average import price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $48,530 per ton in 2022, falling by -40.1% against the previous year. Over the period under review, the import price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2016 an increase of 256% against the previous year. The import price peaked at $81,083 per ton in 2021, and then declined dramatically in the following year.

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 Spain ($121,032 per ton), while the price for Chile ($21,700 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+174.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $16,981 per ton in 2021, with an increase of 12% against the previous year. Over the period under review, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 49% against the previous year. The export price peaked at $23,178 per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($20,628 per ton), while the average price for exports to Hong Kong SAR amounted to $16,380 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+23.2%), while the prices for the other major destinations experienced a decline.

Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United States

In 2022, after two years of decline, there was significant growth in supplies from abroad of aquatic invertebrates; sea urchins, prepared or preserveds, when their volume increased by 32% to 670 kg. Overall, imports, however, showed a abrupt shrinkage.

In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds dropped dramatically to $33K in 2022. Over the period under review, imports, however, showed a deep reduction. The smallest decline of -16.5% was in 2020.

Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain25.533.036.518.9-9.5%
ChileN/AN/A2.29.3322.7%
Japan29.019.62.34.4-46.7%
Canada8.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total63.052.641.132.5-19.8%

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

  1. Chile (427.0 kg)
  2. Spain (156.0 kg)
  3. Japan (87.0 kg)

Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United States

In 2021, exports of aquatic invertebrates; sea urchins, prepared or preserveds from the United States plummeted to 5.8 tons, with a decrease of -58.9% against the year before. In general, exports continue to indicate a sharp curtailment.

In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds dropped sharply to $98K in 2021. Overall, exports faced a precipitous descent. The smallest decline of -45% was in 2020.

Export of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in the United States (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Hong Kong SAR23236.581.5-40.7%
Taiwan (Chinese)99.817716.9-58.8%
Japan56.3N/AN/A0%
OthersN/AN/AN/A0%
Total38821498.5-49.6%

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

  1. Hong Kong SAR (5.0 tons)
  2. Taiwan (Chinese) (0.8 tons)

Source: IndexBox Market Intelligence Platform

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