Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar - 2023
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar (FOB) - 2022
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar (CIF) - 2022
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar (FOB) - 2022
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $4,236 per ton in 2022, standing approx. at the previous year. Overall, the export price, however, continues to indicate a perceptible decrease. The export price peaked at $6,107 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 the UK ($5,220 per ton), while the average price for exports to China ($1,691 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 Singapore (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar (CIF) - 2022
The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $3,021 per ton in 2022, dropping by -38.1% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 2.6%. The import price peaked at $6,307 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,580 per ton), while the price for Malaysia ($93 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-5.2%), while the prices for the other major suppliers experienced a decline.
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar
In 2022, approx. 29 tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were exported from Myanmar; increasing by 12% on 2021. The total export volume increased at an average annual rate of +12.4% from 2021 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds expanded markedly to $124K in 2022. The total export value increased at an average annual rate of +13.4% over the period from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Kingdom | 80.4 | 71.1 | -11.6% | ||
| Thailand | N/A | 30.1 | 0% | ||
| France | 28.8 | 14.3 | -50.3% | ||
| China | N/A | 5.3 | 0% | ||
| Ireland | N/A | 2.8 | 0% | ||
| Others | N/A | 0.2 | 0% | ||
| Total | 109 | 124 | 13.8% | ||
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Myanmar in 2022:
- United Kingdom (13.6 tons)
- Thailand (8.7 tons)
- China (3.1 tons)
- France (3.0 tons)
- Ireland (0.7 tons)
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar
Imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Myanmar soared to 11 tons in 2022, rising by 106% against 2021. Over the period under review, imports, however, faced a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 139% against the previous year. As a result, imports reached the peak of 64 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds skyrocketed to $32K in 2022. Overall, imports, however, saw a sharp setback. The pace of growth appeared the most rapid in 2020 when imports increased by 146%. As a result, imports attained the peak of $366K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 26.1 | 0% |
| Thailand | 45.0 | 237 | 4.9 | 3.7 | -56.5% |
| South Korea | 29.0 | 53.3 | 6.4 | 2.3 | -57.0% |
| Singapore | 5.5 | 21.9 | 3.7 | 0.3 | -62.1% |
| Malaysia | N/A | N/A | 0.5 | 0.1 | -80.0% |
| Taiwan (Chinese) | 69.7 | 52.7 | 9.4 | N/A | -63.3% |
| Others | N/A | 1.9 | 0.4 | N/A | -78.9% |
| Total | 149 | 366 | 25.4 | 32.3 | -39.9% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Myanmar in 2022:
- China (8.4 tons)
- Thailand (0.8 tons)
- Malaysia (0.7 tons)
- South Korea (0.7 tons)
- Singapore (0.1 tons)
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