Price for Mollusc Preparations; Abalone, Prepared or Preserved in Thailand - 2024

Contents:

1. Price for Mollusc Preparations; Abalone, Prepared or Preserved in Thailand (CIF) - 2022
2. Price for Mollusc Preparations; Abalone, Prepared or Preserved in Thailand (FOB) - 2022
3. Imports of Mollusc Preparations; Abalone, Prepared or Preserved in Thailand
4. Exports of Mollusc Preparations; Abalone, Prepared or Preserved in Thailand

Price for Mollusc Preparations; Abalone, Prepared or Preserved in Thailand (CIF) - 2022

The average import price for mollusc preparations; abalone, prepared or preserveds stood at $14,702 per ton in 2022, with an increase of 10% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 179%. As a result, import price reached the peak level of $64,988 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($77,460 per ton), while the price for China ($13,042 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+64.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Abalone, Prepared or Preserved in Thailand (FOB) - 2022

In 2022, the average export price for mollusc preparations; abalone, prepared or preserveds amounted to $2,588 per ton, shrinking by -52.7% against the previous year. In general, the export price showed a sharp reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 114% against the previous year. The export price peaked at $58,051 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cambodia.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +95.1% per year.

Imports of Mollusc Preparations; Abalone, Prepared or Preserved in Thailand

In 2022, the amount of mollusc preparations; abalone, prepared or preserveds imported into Thailand soared to 32 tons, picking up by 148% against the previous year's figure. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 346%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mollusc preparations; abalone, prepared or preserveds skyrocketed to $476K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Mollusc Preparations; Abalone, Prepared or Preserved to Thailand in 2022:

1. China (31.3 tons)
2. South Korea (1.1 tons)
3. New Zealand (0.1 tons)

Exports of Mollusc Preparations; Abalone, Prepared or Preserved in Thailand

In 2022, the amount of mollusc preparations; abalone, prepared or preserveds exported from Thailand contracted notably to 80 kg, dropping by -88.6% on the year before. Overall, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 109%. As a result, the exports attained the peak of 702 kg, and then fell remarkably in the following year.

In value terms, exports of mollusc preparations; abalone, prepared or preserveds fell significantly to $207 in 2022. In general, exports showed a dramatic downturn. The smallest decline of -5.5% was in 2020.

Top Export Markets for Mollusc Preparations; Abalone, Prepared or Preserved from Thailand in 2022:

1. Cambodia (80.0 kg)

Source: IndexBox Market Intelligence Platform