Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea - 2022

Contents:

  1. Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea (CIF) - 2022
  2. Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea (FOB) - 2022
  3. Imports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea
  4. Exports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea

Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea (CIF) - 2022

The average import price for mollusc preparations; clams, cockles and arkshells, prepared or preserveds stood at $2,969 per ton in December 2022, picking up by 9.1% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 9.3% month-to-month. Over the period under review, average import prices attained the peak figure at $3,189 per ton in December 2021; however, from January 2022 to December 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Vietnam ($4,162 per ton), while the price for China amounted to $2,947 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%).

Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea (FOB) - 2022

In 2022, the average export price for mollusc preparations; clams, cockles and arkshells, prepared or preserveds amounted to $27,794 per ton, falling by -11.6% against the previous year. Over the period under review, the export price saw a mild slump. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. The export price peaked at $36,229 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($46,261 per ton), while the average price for exports to China ($2,056 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 Australia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea

Imports of mollusc preparations; clams, cockles and arkshells, prepared or preserveds into South Korea skyrocketed to 6.4K tons in 2022, jumping by 28% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; clams, cockles and arkshells, prepared or preserveds surged to $18M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.411.012.617.08.3%
Vietnam0.41.20.80.614.5%
Others0.51.10.10.2-26.3%
Total14.413.213.517.97.5%

Top Suppliers of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved to South Korea in 2022:

  1. China (6.2K tons)
  2. Vietnam (0.1K tons)

Exports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea

After two years of decline, shipments abroad of mollusc preparations; clams, cockles and arkshells, prepared or preserveds increased by 28% to 101 tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.

In value terms, exports of mollusc preparations; clams, cockles and arkshells, prepared or preserveds expanded sharply to $2.8M in 2022. Overall, exports, however, recorded a slight downturn.

Export of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,8921,5812,0321,628-4.9%
PortugalN/AN/AN/A4760%
Spain717846181434-15.4%
United States257272139178-11.5%
IndonesiaN/A12.513.330.756.7%
Australia21.527.35.018.7-4.5%
ChinaN/A15.030.23.9-49.0%
Others57.676.689.343.8-8.7%
Total2,9462,8302,4902,813-1.5%

Top Export Markets for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved from South Korea in 2022:

  1. Japan (35.2 tons)
  2. Portugal (21.6 tons)
  3. Spain (16.6 tons)
  4. United States (16.2 tons)
  5. Indonesia (2.4 tons)
  6. China (1.9 tons)
  7. Australia (1.7 tons)

Source: IndexBox Market Intelligence Platform

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