Price for Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam - 2022
Contents:
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam (CIF) - 2022
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam (FOB) - 2022
- Imports of Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam
- Exports of Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam
Price for Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam (CIF) - 2022
In 2022, the average import price for mollusc preparations; abalone, prepared or preserveds amounted to $35,784 per ton, rising by 51% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 70% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($66,406 per ton), while the price for Taiwan (Chinese) ($10,009 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam (FOB) - 2022
The average export price for mollusc preparations; abalone, prepared or preserveds stood at $30,299 per ton in 2022, surging by 3.6% against the previous year. In general, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 56%. The export price peaked at $112,431 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($64,750 per ton), while the average price for exports to Hong Kong SAR ($28,932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-6.0%).
Imports of Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam
In 2022, imports of mollusc preparations; abalone, prepared or preserveds into Vietnam contracted to 88 tons, shrinking by -9.2% against the previous year's figure. In general, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 1,523%.
In value terms, imports of mollusc preparations; abalone, prepared or preserveds skyrocketed to $3.1M in 2022. Overall, imports recorded a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 2,079%.
| Import of Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 385 | 4.7 | 517 | 2,346 | 82.7% |
| Taiwan (Chinese) | 1,693 | 46.0 | 671 | 261 | -46.4% |
| Hong Kong SAR | 736 | 19.9 | 284 | 110 | -46.9% |
| South Korea | 36.6 | 1.0 | 17.0 | 65.5 | 21.4% |
| Philippines | 10.5 | 1.5 | 73.0 | 48.6 | 66.7% |
| New Zealand | 180 | 11.0 | 231 | 48.5 | -35.4% |
| Others | 220 | 20.9 | 496 | 255 | 5.0% |
| Total | 3,262 | 105 | 2,288 | 3,135 | -1.3% |
Top Suppliers of Mollusc Preparations; Abalone, Prepared or Preserved to Vietnam in 2022:
- China (49.1 tons)
- Taiwan (Chinese) (26.0 tons)
- Hong Kong SAR (3.2 tons)
- Philippines (2.8 tons)
- South Korea (1.4 tons)
- New Zealand (0.7 tons)
Exports of Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam
For the third year in a row, Vietnam recorded decline in shipments abroad of mollusc preparations; abalone, prepared or preserveds, which decreased by -78.4% to 371 kg in 2022. Overall, exports recorded a dramatic contraction. The smallest decline of -1.7% was in 2020.
In value terms, exports of mollusc preparations; abalone, prepared or preserveds dropped markedly to $11K in 2022. Over the period under review, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.
| Export of Mollusc Preparations; Abalone, Prepared or Preserved in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 50.1 | 29.5 | 34.6 | 10.3 | -41.0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.8 | 0% |
| Japan | 6.2 | 1.7 | 0.9 | 0.1 | -74.7% |
| Malaysia | N/A | 6.8 | N/A | N/A | 0% |
| United States | N/A | N/A | 13.1 | N/A | 0% |
| Brunei Darussalam | N/A | 4.6 | N/A | N/A | 0% |
| Others | 1.1 | 0.1 | 1.6 | 0.1 | -55.0% |
| Total | 57.4 | 42.7 | 50.2 | 11.2 | -42.0% |
Top Export Markets for Mollusc Preparations; Abalone, Prepared or Preserved from Vietnam in 2022:
- Hong Kong SAR (355.0 kg)
- Taiwan (Chinese) (12.0 kg)
- Japan (1.0 kg)
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