Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Singapore - 2022
Contents:
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Singapore (CIF) - 2022
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Singapore (FOB) - 2022
- Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Singapore
- Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Singapore
Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Singapore (CIF) - 2022
The average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $16,135 per ton in September 2022, remaining stable against the previous month. Over the period under review, import price indicated a notable increase from September 2021 to September 2022: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds increased by +32.5% against March 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 32% m-o-m. Over the period under review, average import prices reached the maximum in September 2022.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the highest price was recorded for prices from Japan ($19,352 per ton) and Australia ($19,056 per ton), while the price for Canada ($13,625 per ton) and Ireland ($14,216 per ton) were amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.3%), 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 Singapore (FOB) - 2022
In 2022, the average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $9,661 per ton, with a decrease of -20.7% against the previous year. Overall, the export price, however, continues to indicate tangible growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 108%. As a result, the export price attained the peak level of $12,178 per ton, and then fell remarkably in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($47,412 per ton), while the average price for exports to Malaysia ($8,105 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 Brunei Darussalam (+16.5%), 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 Singapore
Imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds into Singapore amounted to 657 tons in 2022, picking up by 7.8% against the previous year. In general, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.
In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds surged to $6.8M in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,791 | 911 | 1,113 | 1,723 | -1.3% |
| Canada | 1,538 | 1,573 | 2,217 | 1,536 | -0.0% |
| United States | 1,256 | 830 | 1,128 | 1,436 | 4.6% |
| Ireland | 659 | 527 | 853 | 1,114 | 19.1% |
| New Zealand | 535 | 171 | 157 | 549 | 0.9% |
| Australia | 74.5 | 78.1 | 109 | 257 | 51.1% |
| Japan | 53.8 | 25.1 | 62.7 | 136 | 36.2% |
| Others | 33.5 | 54.1 | 94.3 | 80.1 | 33.7% |
| Total | 5,941 | 4,170 | 5,734 | 6,831 | 4.8% |
Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to Singapore in 2022:
- United States (171.3 tons)
- Canada (160.2 tons)
- France (133.1 tons)
- Ireland (106.2 tons)
- New Zealand (44.4 tons)
- Australia (18.9 tons)
- Japan (17.6 tons)
Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Singapore
After two years of decline, overseas shipments of molluscs; oysters, whether in shell or not, live, fresh or chilleds increased by 786% to 5.7 tons in 2022. Over the period under review, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds soared to $55K in 2022. Overall, exports posted a significant increase. 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 19.7 | 7.4 | 3.7 | 43.4 | 30.1% |
| Brunei Darussalam | N/A | 1.9 | 4.1 | 8.1 | 106.5% |
| Maldives | 0.3 | 0.5 | N/A | 2.7 | 108.0% |
| Indonesia | 8.1 | 1.1 | N/A | 0.5 | -60.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.1 | 10.9 | 7.8 | 54.7 | 24.9% |
Top Export Markets for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled from Singapore in 2022:
- Malaysia (5.3 tons)
- Brunei Darussalam (0.2 tons)
- Maldives (0.1 tons)
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