Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand - 2024

Contents:

  1. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand (CIF) - 2024
  2. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand (FOB) - 2022
  3. Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand
  4. Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand (CIF) - 2024

The average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $4,036 per ton in September 2023, shrinking by -2.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 5.4% m-o-m. Over the period under review, average import prices reached the maximum at $4,148 per ton in August 2023, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was France ($11,635 per ton), while the price for Myanmar ($869 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Myanmar (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand (FOB) - 2022

In 2022, the average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $2,325 per ton, falling by -30.2% against the previous year. Overall, the export price, however, showed a modest increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 87%. The export price peaked at $3,664 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2,370 per ton), while the average price for exports to Cambodia ($1,479 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 Taiwan (Chinese) (+12.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of molluscs; oysters, whether in shell or not, live, fresh or chilleds were finally on the rise to reach 1.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds soared to $6.6M in 2022. Over the period under review, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,6331,8731,7703,0945.5%
VietnamN/A18.34.71,671855.6%
CambodiaN/A6.40.87951014.5%
Japan1,4281,088535557-26.9%
United States28311378.0205-10.2%
Others304179102254-5.8%
Total4,6483,2782,4906,57512.3%

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

  1. Vietnam (542.5 tons)
  2. Cambodia (481.1 tons)
  3. France (284.6 tons)
  4. Japan (36.9 tons)
  5. United States (14.0 tons)

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

In 2022, the amount of molluscs; oysters, whether in shell or not, live, fresh or chilleds exported from Thailand soared to 78 tons, with an increase of 654% against the previous year. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,268%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds surged to $181K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,144% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/A28.8163466.0%
Lao People's Democratic Republic0.51.84.412.1189.2%
Cambodia11.21.01.23.7-30.9%
Others1.5N/AN/A2.010.1%
Total13.22.834.4181139.4%

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

  1. Malaysia (68.8 tons)
  2. Lao People's Democratic Republic (5.8 tons)
  3. Cambodia (2.5 tons)

Source: IndexBox Market Intelligence Platform

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