Price for Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand - 2024
Contents:
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand (FOB) - 2022
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand (CIF) - 2022
- Exports of Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand
- Imports of Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand
Price for Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand (FOB) - 2022
In 2022, the average export price for mollusc preparations; abalone, prepared or preserveds amounted to $36,622 per ton, surging by 21% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $43,021 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($42,560 per ton) and Malaysia ($37,858 per ton), while the average price for exports to Cambodia ($32,503 per ton) and Singapore ($35,923 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand (CIF) - 2022
In 2022, the average import price for mollusc preparations; abalone, prepared or preserveds amounted to $23,209 per ton, surging by 227% against the previous year. In general, the import price, however, continues to indicate a deep setback. Over the period under review, average import prices hit record highs at $75,880 per ton in 2014; however, from 2015 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 Australia ($28,746 per ton), while the price for South Korea ($8,261 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand
Exports of mollusc preparations; abalone, prepared or preserveds from New Zealand shrank notably to 137 tons in 2022, falling by -68.6% on 2021 figures. Overall, exports faced a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 435 tons, and then reduced rapidly in the following year.
In value terms, exports of mollusc preparations; abalone, prepared or preserveds dropped remarkably to $5M in 2022. In general, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 43%.
| Export of Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 10.2 | 5.9 | 9.7 | 3.8 | -28.0% |
| Hong Kong SAR | 3.8 | 2.2 | 2.5 | 0.6 | -46.0% |
| Malaysia | 1.2 | 0.9 | 0.8 | 0.4 | -30.7% |
| Cambodia | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Others | 0.9 | 0.1 | N/A | 0.1 | -51.9% |
| Total | 16.3 | 9.2 | 13.1 | 5.0 | -32.6% |
Top Export Markets for Mollusc Preparations; Abalone, Prepared or Preserved from New Zealand in 2022:
- Singapore (106.9 tons)
- Hong Kong SAR (13.6 tons)
- Malaysia (9.3 tons)
- Cambodia (5.4 tons)
Imports of Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand
In 2022, imports of mollusc preparations; abalone, prepared or preserveds into New Zealand surged to 2.3 tons, growing by 113% compared with 2021. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,675% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of mollusc preparations; abalone, prepared or preserveds soared to $53K in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,172%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Mollusc Preparations; Abalone, Prepared or Preserved in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 43.5 | 0% |
| China | N/A | 0.6 | 4.2 | 6.9 | 239.1% |
| South Korea | N/A | N/A | 3.4 | 2.5 | -26.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.1 | 0.6 | 7.6 | 52.9 | 708.8% |
Top Suppliers of Mollusc Preparations; Abalone, Prepared or Preserved to New Zealand in 2022:
- Australia (1512.0 kg)
- China (459.0 kg)
- South Korea (307.0 kg)
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