Price for Mollusc Preparations; Abalone, Prepared or Preserved in the UK - 2024
Contents:
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in the UK (CIF) - 2022
- Imports of Mollusc Preparations; Abalone, Prepared or Preserved in the UK
Price for Mollusc Preparations; Abalone, Prepared or Preserved in the UK (CIF) - 2022
The average import price for mollusc preparations; abalone, prepared or preserveds stood at $67,393 per ton in 2022, increasing by 14% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; abalone, prepared or preserveds increased by +90.7% against 2016 indices. The pace of growth was the most pronounced in 2020 an increase of 27% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 Denmark ($142,500 per ton), while the price for India ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+58.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mollusc Preparations; Abalone, Prepared or Preserved in the UK
In 2022, imports of mollusc preparations; abalone, prepared or preserveds into the UK shrank rapidly to 28 kg, waning by -99.2% compared with the previous year. Over the period under review, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 211% against the previous year.
In value terms, imports of mollusc preparations; abalone, prepared or preserveds dropped markedly to $1.9K in 2022. In general, imports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 202% against the previous year.
| Import of Mollusc Preparations; Abalone, Prepared or Preserved in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 90.1 | 31.2 | 76.9 | 0.9 | -78.5% |
| Australia | 40.4 | 13.9 | 76.5 | 0.6 | -75.4% |
| Chile | 48.2 | 13.2 | 27.6 | 0.3 | -81.6% |
| New Zealand | 16.9 | 5.2 | 11.5 | 0.1 | -81.9% |
| Hong Kong SAR | 1.5 | 0.6 | 1.5 | N/A | 0.0% |
| China | 2.7 | 1.0 | 2.7 | N/A | 0.0% |
| United States | 17.8 | N/A | N/A | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Ireland | N/A | N/A | N/A | N/A | 0% |
| Others | 1.1 | 0.3 | 0.8 | N/A | -14.7% |
| Total | 219 | 65.3 | 197 | 1.9 | -79.5% |
Top Suppliers of Mollusc Preparations; Abalone, Prepared or Preserved to the UK in 2022:
- Australia (7.0 kg)
- Denmark (6.0 kg)
- New Zealand (6.0 kg)
- Chile (4.0 kg)
- India (1.0 kg)
- China (1.0 kg)
- Ireland (1.0 kg)
- Hong Kong SAR (1.0 kg)
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