Price for Mollusc Preparations; Oysters, Prepared or Preserved in Australia - 2024
Contents:
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Australia (CIF) - 2024
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Australia (FOB) - 2022
- Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Australia
- Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Australia
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Australia (CIF) - 2024
The average import price for mollusc preparations; oysters, prepared or preserveds stood at $8,296 per ton in January 2024, jumping by 17% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $10,099 per ton in June 2023; however, from July 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($12,200 per ton), while the price for China totaled $8,025 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Japan (-0.3%).
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Australia (FOB) - 2022
In 2022, the average export price for mollusc preparations; oysters, prepared or preserveds amounted to $11,364 per ton, picking up by 11% against the previous year. In general, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 86% against the previous year. Over the period under review, the average export prices reached the peak figure at $20,320 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to New Zealand ($12,537 per ton) and Hong Kong SAR ($11,542 per ton), while the average price for exports to Nauru ($9,709 per ton) and Singapore ($11,041 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+9.5%), while the prices for the other major destinations experienced a decline.
Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Australia
In 2022, overseas purchases of mollusc preparations; oysters, prepared or preserveds decreased by -10.3% to 478 tons, falling for the second year in a row after two years of growth. In general, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of 6.3%. As a result, imports attained the peak of 571 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of mollusc preparations; oysters, prepared or preserveds reduced to $4.6M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 4.4% against the previous year. As a result, imports reached the peak of $4.7M, and then declined slightly in the following year.
| Import of Mollusc Preparations; Oysters, Prepared or Preserved in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.1 | 4.4 | 4.3 | 4.2 | 0.8% |
| Japan | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.4 | 4.5 | 4.7 | 4.6 | 1.5% |
Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Australia in 2022:
- China (445.7 tons)
- Japan (32.1 tons)
Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Australia
In 2022, shipments abroad of mollusc preparations; oysters, prepared or preserveds decreased by -43.7% to 1.2 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by 251%. As a result, the exports reached the peak of 2.4 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of mollusc preparations; oysters, prepared or preserveds shrank significantly to $13K in 2022. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 69% against the previous year.
| Export of Mollusc Preparations; Oysters, Prepared or Preserved in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 10.4 | 19.4 | 16.2 | 7.5 | -10.3% |
| New Zealand | N/A | N/A | 1.8 | 4.3 | 138.9% |
| Nauru | 1.1 | N/A | 0.4 | 1.1 | 0.0% |
| Hong Kong SAR | N/A | N/A | 2.4 | 0.3 | -87.5% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 11.5 | 19.4 | 21.1 | 13.1 | 4.4% |
Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from Australia in 2022:
- Singapore (680.0 kg)
- New Zealand (339.0 kg)
- Nauru (110.0 kg)
- Hong Kong SAR (24.0 kg)
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