Price for Mollusc Preparations; Oysters, Prepared or Preserved in Thailand - 2024

Contents:

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

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

In 2022, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $40,581 per ton, shrinking by -7.6% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 499% against the previous year. Over the period under review, average import prices attained the peak figure at $73,530 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($75,007 per ton), while the price for South Korea ($6,714 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+43.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for mollusc preparations; oysters, prepared or preserveds stood at $3,397 per ton in 2022, declining by -27.4% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2017 an increase of 466% against the previous year. The export price peaked at $12,707 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +68.4% per year.

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

For the fourth consecutive year, Thailand recorded growth in supplies from abroad of mollusc preparations; oysters, prepared or preserveds, which increased by 24% to 5.3 tons in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 62% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of mollusc preparations; oysters, prepared or preserveds expanded significantly to $216K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 201%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Mollusc Preparations; Oysters, Prepared or Preserved in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand15.8128155180125.0%
Japan35.327.533.435.40.1%
Others0.60.30.10.4-12.6%
Total51.715618921661.1%

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

  1. Japan (2.9 tons)
  2. New Zealand (2.4 tons)

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

For the third year in a row, Thailand recorded decline in shipments abroad of mollusc preparations; oysters, prepared or preserveds, which decreased by -97.8% to 252 kg in 2022. Over the period under review, exports showed a significant decrease. The smallest decline of -38.6% was in 2021.

In value terms, exports of mollusc preparations; oysters, prepared or preserveds dropped dramatically to $856 in 2022. Overall, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 30%.

Export of Mollusc Preparations; Oysters, Prepared or Preserved in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/AN/AN/A0.90%
JapanN/AN/A18.6N/A0%
Cambodia436N/AN/AN/A0%
United Arab Emirates10.4N/AN/AN/A0%
Singapore27.040.718.9N/A-16.3%
OthersN/AN/A15.4N/A0%
Total47440.752.90.9-87.6%

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

  1. Bahrain (249.0 kg)

Source: IndexBox Market Intelligence Platform

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