Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China - 2023

Contents:

  1. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China (CIF) - 2023
  2. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China (FOB) - 2023
  3. Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China
  4. Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China (CIF) - 2023

In September 2023, the average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $14,459 per ton, remaining constant against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 16% m-o-m. As a result, import price reached the peak level of $15,406 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($15,135 per ton), while the price for South Korea ($5,443 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China (FOB) - 2023

The average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $8,031 per ton in September 2023, picking up by 11% against the previous month. In general, the export price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 39% against the previous month. As a result, the export price attained the peak level of $12,160 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Malaysia ($5,812 per ton), while the average price for exports to Vietnam ($1,000 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China

In 2022, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds into China contracted sharply to 2K tons, reducing by -27.3% on 2021 figures. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year.

In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds reduced dramatically to $27M in 2022. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year.

Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France28.518.526.122.0-8.3%
New Zealand1.91.11.81.90.0%
Japan0.50.30.71.130.1%
Ireland3.62.32.40.8-39.4%
South Korea1.50.50.60.2-48.9%
Others2.31.21.30.7-32.7%
Total38.324.132.926.7-11.3%

Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to China in 2022:

  1. France (1519.6 tons)
  2. New Zealand (146.1 tons)
  3. South Korea (124.1 tons)
  4. Japan (80.8 tons)
  5. Ireland (65.3 tons)

Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China

Exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds from China fell to 1.4K tons in 2022, waning by -5.6% on the previous year's figure. Overall, exports showed a abrupt decline.

In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds soared to $11M in 2022. Over the period under review, exports, however, posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR1.62.65.210.486.6%
Macao SAR0.50.20.40.711.9%
MalaysiaN/AN/AN/A0.10%
Vietnam0.40.20.10.1-37.0%
Japan0.30.20.20.1-30.7%
OthersN/AN/AN/A0.10%
Total2.83.25.911.459.7%

Top Export Markets for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled from China in 2022:

  1. Hong Kong SAR (1089.3 tons)
  2. Macao SAR (195.7 tons)
  3. Vietnam (35.3 tons)
  4. Malaysia (24.4 tons)
  5. Japan (16.9 tons)

Source: IndexBox Market Intelligence Platform

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