Price for Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam - 2022
Contents:
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam (FOB) - 2022
- Price for Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam (CIF) - 2022
- Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam
- Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam (FOB) - 2022
In 2022, the average export price for mollusc preparations; mussels, prepared or preserveds amounted to $3,747 per ton, growing by 1.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 56% against the previous year. As a result, the export price attained the peak level of $4,675 per ton. From 2021 to 2022, the average 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 Netherlands ($17,540 per ton), while the average price for exports to Slovenia ($1,921 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 Netherlands (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam (CIF) - 2022
The average import price for mollusc preparations; mussels, prepared or preserveds stood at $3,398 per ton in 2022, surging by 7.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2013 an increase of 36%. Over the period under review, average import prices hit record highs at $3,571 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,766 per ton), while the price for Ireland ($3,144 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam
In 2022, exports of mollusc preparations; mussels, prepared or preserveds from Vietnam reduced notably to 189 tons, shrinking by -26.7% against 2021 figures. Overall, exports faced a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 856%.
In value terms, exports of mollusc preparations; mussels, prepared or preserveds dropped dramatically to $708K in 2022. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 654%. As a result, the exports reached the peak of $950K, and then dropped sharply in the following year.
Export of Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 24.4 | 5.2 | 57.1 | 140 | 79.0% |
Japan | N/A | N/A | 103 | 116 | 12.6% |
United States | 289 | 11.2 | 324 | 91.4 | -31.9% |
Germany | 53.5 | 13.1 | 107 | 74.9 | 11.9% |
Israel | 148 | 11.4 | 92.7 | 64.3 | -24.3% |
France | 16.1 | 5.4 | 55.0 | 39.9 | 35.3% |
Denmark | N/A | N/A | N/A | 32.2 | 0% |
Belgium | 12.6 | 4.4 | 38.4 | 28.7 | 31.6% |
Norway | 26.9 | 1.9 | 38.5 | 27.9 | 1.2% |
South Korea | 5.8 | 1.1 | 12.5 | 15.1 | 37.6% |
Slovenia | 4.1 | 0.6 | 11.4 | 9.3 | 31.4% |
Switzerland | 68.1 | 3.5 | 20.3 | 8.3 | -50.4% |
Poland | 110 | 8.9 | 8.3 | 4.8 | -64.8% |
Others | 85.8 | 59.3 | 81.2 | 55.6 | -13.5% |
Total | 844 | 126 | 950 | 708 | -5.7% |
Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Vietnam in 2022:
- Italy (54.8 tons)
- United States (29.6 tons)
- Israel (21.1 tons)
- Japan (17.1 tons)
- Germany (14.5 tons)
- Denmark (12.8 tons)
- France (8.4 tons)
- Belgium (6.6 tons)
- Norway (6.1 tons)
- Slovenia (4.8 tons)
- South Korea (3.1 tons)
- Poland (2.2 tons)
- Switzerland (1.6 tons)
Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam
In 2022, imports of mollusc preparations; mussels, prepared or preserveds into Vietnam soared to 75 tons, rising by 56% against 2021. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 436% against the previous year. As a result, imports attained the peak of 187 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of mollusc preparations; mussels, prepared or preserveds skyrocketed to $255K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 411% against the previous year. As a result, imports reached the peak of $553K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Mollusc Preparations; Mussels, Prepared or Preserved in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 79.4 | 252 | 95.1 | 193 | 34.5% |
Germany | 7.7 | 130 | 34.0 | 25.5 | 49.1% |
New Zealand | 2.7 | 3.6 | 8.3 | 10.5 | 57.3% |
South Korea | 1.1 | 14.4 | 9.4 | 10.0 | 108.7% |
France | N/A | N/A | N/A | 5.1 | 0% |
Ireland | N/A | N/A | 3.0 | 4.4 | 46.7% |
China | 15.6 | 4.0 | 1.4 | 1.7 | -52.2% |
Canada | N/A | 149 | N/A | N/A | 0% |
Others | 1.8 | N/A | N/A | 5.2 | 42.4% |
Total | 108 | 553 | 151 | 255 | 33.2% |
Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Vietnam in 2022:
- Chile (61.2 tons)
- New Zealand (3.4 tons)
- South Korea (3.2 tons)
- Germany (2.9 tons)
- France (1.6 tons)
- Ireland (1.4 tons)
- China (0.5 tons)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Vietnam.
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