Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador - 2022

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador (CIF) - 2022
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador (FOB) - 2022
  3. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador
  4. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador (CIF) - 2022

In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $3,481 per ton, which is down by -34.8% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2013 an increase of 10% against the previous year. The import price peaked at $7,896 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($15,094 per ton), while the price for Chile totaled $3,339 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.3%).

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador (FOB) - 2022

The average export price for mollusc preparations; mussels, prepared or preserveds stood at $4,441 per ton in 2022, with a decrease of -21.7% against the previous year. In general, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 106%. As a result, the export price reached the peak level of $9,663 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,250 per ton), while the average price for exports to Montenegro ($2,000 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 the United States (-1.3%), while the prices for the other major destinations experienced a decline.

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador

Imports of mollusc preparations; mussels, prepared or preserveds into Ecuador surged to 36 tons in 2022, picking up by 29% on the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds declined remarkably to $124K in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports attained the peak of $147K, and then declined notably in the following year.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile10285.81391174.7%
Spain20.711.17.45.4-36.1%
Others0.93.11.21.313.0%
Total1241001471240.0%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Ecuador in 2022:

  1. Chile (35.1 tons)
  2. Spain (0.4 tons)

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador

In 2022, shipments abroad of mollusc preparations; mussels, prepared or preserveds decreased by -96% to 59 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, the exports attained the peak of 2.9 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds contracted sharply to $262 in 2022. In general, exports faced a precipitous slump. The pace of growth was the most pronounced in 2020 when exports increased by 39%. As a result, the exports attained the peak of $16K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A7.40.1-98.6%
GermanyN/AN/AN/A0.10%
United States11.815.20.9N/A-72.4%
MontenegroN/A1.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.816.48.30.3-70.6%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Ecuador in 2022:

  1. Germany (29.0 kg)
  2. Italy (24.0 kg)
  3. United States (4.0 kg)
  4. Montenegro (1.0 kg)

Source: IndexBox Market Intelligence Platform

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