Price for Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia - 2022
Contents:
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia (FOB) - 2022
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia (CIF) - 2022
- Exports of Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia
- Imports of Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia
Price for Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia (FOB) - 2022
The average export price for mollusc preparations; abalone, prepared or preserveds stood at $26,342 per ton in March 2022, surging by 65% against the previous month. In general, the export price saw a moderate expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From March 2021 to March 2022, the rate of growth in terms of prices for South Korea amounted to +2.0% per month.
Price for Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia (CIF) - 2022
The average import price for mollusc preparations; abalone, prepared or preserveds stood at $39,034 per ton in 2022, falling by -3.8% against the previous year. In general, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 30%. The import price peaked at $81,324 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Malaysia ($49,297 per ton), while the price for China ($15,980 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-0.7%), while the prices for the other major suppliers experienced a decline.
Exports of Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia
In 2022, approx. 148 tons of mollusc preparations; abalone, prepared or preserveds were exported from Indonesia; with an increase of 54% on the previous year's figure. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 779% against the previous year. As a result, the exports reached the peak of 221 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of mollusc preparations; abalone, prepared or preserveds surged to $3.6M in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 805% against the previous year. As a result, the exports reached the peak of $4.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.5 | 4.2 | 2.1 | 3.5 | 91.3% |
| Philippines | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 0.5 | 4.3 | 2.2 | 3.6 | 93.1% |
Top Export Markets for Mollusc Preparations; Abalone, Prepared or Preserved from Indonesia in 2022:
- South Korea (147.2 tons)
Imports of Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia
Imports of mollusc preparations; abalone, prepared or preserveds into Indonesia skyrocketed to 17 tons in 2022, jumping by 67% against 2021 figures. Over the period under review, imports enjoyed a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mollusc preparations; abalone, prepared or preserveds skyrocketed to $656K in 2022. Overall, imports recorded slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Mollusc Preparations; Abalone, Prepared or Preserved in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 588 | 30.3 | 41.2 | 584 | -0.2% |
| China | 30.4 | 116 | 159 | 38.3 | 8.0% |
| Malaysia | 6.8 | 103 | 210 | 34.5 | 71.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 625 | 250 | 410 | 656 | 1.6% |
Top Suppliers of Mollusc Preparations; Abalone, Prepared or Preserved to Indonesia in 2022:
- Singapore (13.7 tons)
- China (2.4 tons)
- Malaysia (0.7 tons)
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