Eastern Asia: Market for Jellyfish, Dried, Salted Or In Brine, Smoked 2024

Market Size for Jellyfish, Dried, Salted Or In Brine, Smoked in Eastern Asia

The East Asian market for jellyfish, dried, salted or in brine, smoked dropped to $X in 2022, falling by X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Production of Jellyfish, Dried, Salted Or In Brine, Smoked in Eastern Asia

In value terms, production of jellyfish, dried, salted or in brine, smoked fell to $X in 2022 estimated in export price. The total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

Exports of Jellyfish, Dried, Salted Or In Brine, Smoked

Exports in Eastern Asia

In 2022, shipments abroad of jellyfish, dried, salted or in brine, smoked increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, exports of jellyfish, dried, salted or in brine, smoked rose to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Korea (X tons) was the key exporter of jellyfish, dried, salted or in brine, smoked, achieving X% of total exports. It was distantly followed by China (X tons) and Japan (X tons), together making up a X% share of total exports.

South Korea was also the fastest-growing in terms of the jellyfish, dried, salted or in brine, smoked exports, with a CAGR of X% from 2012 to 2022. Japan experienced a relatively flat trend pattern. China (X%) illustrated a downward trend over the same period. While the share of South Korea (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (X p.p.) and China (X p.p.) displayed negative dynamics.

In value terms, the largest jellyfish, dried, salted or in brine, smoked supplying countries in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total exports.

In terms of the main exporting countries, South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Jellyfish, Dried, Salted Or In Brine, Smoked

Imports in Eastern Asia

In 2022, approx. X tons of jellyfish, dried, salted or in brine, smoked were imported in Eastern Asia; dropping by X% compared with 2021. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, imports of jellyfish, dried, salted or in brine, smoked fell to $X in 2022. In general, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

China was the key importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by South Korea (X tons), achieving a X% share of total imports. The following importers - Japan (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported jellyfish, dried, salted or in brine, smoked in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, imports of jellyfish, dried, salted or in brine, smoked expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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