Price for Mollusc Preparations; Oysters, Prepared or Preserved in Ireland - 2023

Contents:

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

Price for Mollusc Preparations; Oysters, Prepared or Preserved in Ireland (FOB) - 2022

In 2022, the average export price for mollusc preparations; oysters, prepared or preserveds amounted to $232,458 per ton, jumping by 3,397% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($965,000 per ton), while the average price for exports to the United States ($225,159 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+287.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Mollusc Preparations; Oysters, Prepared or Preserved in Ireland (CIF) - 2022

The average import price for mollusc preparations; oysters, prepared or preserveds stood at $11,000 per ton in 2022, which is down by -9% against the previous year. Over the period under review, the import price, however, continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 74% against the previous year. The import price peaked at $13,213 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +2.2% per year.

Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Ireland

In 2022, shipments abroad of mollusc preparations; oysters, prepared or preserveds decreased by -49.9% to 2.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a abrupt slump.

In value terms, exports of mollusc preparations; oysters, prepared or preserveds surged to $625K in 2022. In general, exports, however, posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from Ireland in 2022:

1. United States (2605.0 kg)
2. United Kingdom (70.0 kg)
3. Iceland (2.0 kg)

Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Ireland

In 2022, overseas purchases of mollusc preparations; oysters, prepared or preserveds decreased by -88.4% to 10 kg, falling for the second year in a row after two years of growth. In general, imports faced a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 80%. As a result, imports reached the peak of 1.3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of mollusc preparations; oysters, prepared or preserveds reduced markedly to $110 in 2022. Overall, imports saw a dramatic contraction. The growth pace was the most rapid in 2020 with an increase of 101% against the previous year. As a result, imports reached the peak of $18K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Ireland in 2022:

1. New Zealand (10.0 kg)

Source: IndexBox Market Intelligence Platform