Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR - 2023
Contents:
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR (CIF) - 2023
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR (FOB) - 2023
- Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR
- Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR
Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR (CIF) - 2023
In September 2023, the average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $9,858 per ton, which is down by -2.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 9.5% month-to-month. As a result, import price reached the peak level of $10,836 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($17,602 per ton), while the price for China ($2,810 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+2.3%), 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 Hong Kong SAR (FOB) - 2023
The average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $11,080 per ton in September 2023, surging by 11% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +3.5%. The pace of growth was the most pronounced in February 2023 an increase of 24% month-to-month. The export price peaked at $11,547 per ton in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was Macao SAR ($11,232 per ton), while the average price for exports to China amounted to $9,580 per ton.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.5%).
Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR
Imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds into Hong Kong SAR dropped remarkably to 3.2K tons in 2022, declining by -24.2% compared with the year before. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of 4.2K tons, and then dropped dramatically in the following year.
In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds shrank notably to $32M in 2022. In general, imports showed a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $39M, and then fell rapidly in the following year.
| Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.9 | 9.7 | 12.9 | 13.9 | 5.3% |
| Canada | 8.5 | 6.5 | 6.3 | 6.1 | -10.5% |
| Japan | 0.9 | 0.7 | 4.0 | 4.2 | 67.1% |
| United States | 4.9 | 3.6 | 4.2 | 2.6 | -19.0% |
| China | 1.6 | 2.3 | 4.6 | 1.3 | -6.7% |
| Ireland | 1.7 | 1.1 | 2.2 | 1.3 | -8.6% |
| Spain | 0.3 | 0.3 | 0.6 | 0.6 | 26.0% |
| Australia | 1.3 | 0.7 | 0.7 | 0.2 | -46.4% |
| Others | 3.5 | 2.9 | 3.0 | 2.2 | -14.3% |
| Total | 34.6 | 27.8 | 38.5 | 32.5 | -2.1% |
Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to Hong Kong SAR in 2022:
- France (1257.0 tons)
- China (441.1 tons)
- Canada (413.5 tons)
- Japan (348.0 tons)
- United States (263.6 tons)
- Ireland (138.9 tons)
- Spain (78.2 tons)
- Australia (15.0 tons)
Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR
In 2022, approx. 263 tons of molluscs; oysters, whether in shell or not, live, fresh or chilleds were exported from Hong Kong SAR; growing by 16% compared with the year before. Over the period under review, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year.
In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds skyrocketed to $2.3M in 2022. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year.
| Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 3.2 | 1.4 | 1.9 | 2.3 | -10.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.3 | 1.4 | 1.9 | 2.3 | -11.3% |
Top Export Markets for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled from Hong Kong SAR in 2022:
- Macao SAR (242.0 tons)
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