Price for Mollusc Preparations; Mussels, Prepared or Preserved in Japan - 2023
Contents:
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Japan (CIF) - 2023
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Japan (FOB) - 2022
- Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Japan
- Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Japan
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Japan (CIF) - 2023
In July 2023, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $4,457 per ton, growing by 9.3% against the previous month. Over the last eight months, it increased at an average monthly rate of +5.0%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 31% against the previous month. As a result, import price attained the peak level of $4,609 per ton. From June 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was New Zealand ($6,783 per ton), while the price for Chile ($3,212 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Japan (FOB) - 2022
The average export price for mollusc preparations; mussels, prepared or preserveds stood at $18,540 per ton in 2022, rising by 7.7% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs at $25,592 per ton in 2016; however, from 2017 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 Hong Kong SAR ($24,312 per ton), while the average price for exports to Taiwan (Chinese) stood at $11,818 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+8.9%), while the prices for the other major destinations experienced a decline.
Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Japan
In 2022, purchases abroad of mollusc preparations; mussels, prepared or preserveds increased by 38% to 3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of mollusc preparations; mussels, prepared or preserveds surged to $11M in 2022. In general, imports, however, showed a mild reduction.
| Import of Mollusc Preparations; Mussels, Prepared or Preserved in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 5.5 | 5.4 | 4.8 | 6.4 | 5.2% |
| New Zealand | 4.1 | 3.0 | 2.2 | 2.7 | -13.0% |
| Canada | 1.6 | 0.8 | 0.8 | 1.6 | 0.0% |
| South Korea | 0.4 | 0.3 | 0.1 | 0.2 | -20.6% |
| Others | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Total | 11.9 | 9.7 | 8.4 | 11.5 | -1.1% |
Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Japan in 2022:
- Chile (1999.3 tons)
- New Zealand (471.2 tons)
- Canada (356.5 tons)
- South Korea (59.0 tons)
Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Japan
In 2022, exports of mollusc preparations; mussels, prepared or preserveds from Japan soared to 1 tons, with an increase of 177% against the previous year. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 333% against the previous year. As a result, the exports attained the peak of 2.1 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of mollusc preparations; mussels, prepared or preserveds skyrocketed to $19K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 232% against the previous year. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Mollusc Preparations; Mussels, Prepared or Preserved in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 3.5 | 18.4 | 4.4 | 13.1 | 55.3% |
| Taiwan (Chinese) | N/A | 1.9 | 1.8 | 5.5 | 70.1% |
| Singapore | 3.2 | 2.0 | N/A | N/A | -37.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.7 | 22.2 | 6.2 | 18.5 | 40.3% |
Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Japan in 2022:
- Hong Kong SAR (538.0 kg)
- Taiwan (Chinese) (462.0 kg)
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