Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China - 2023
Contents:
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China (FOB) - 2022
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China (CIF) - 2022
- Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China
- Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China (FOB) - 2022
The average export price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $21,701 per ton in 2022, declining by -27.5% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 71%. As a result, the export price attained the peak level of $72,901 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -4.3% per year.
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China (CIF) - 2022
The average import price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $163,583 per ton in 2021, with a decrease of -23.7% against the previous year. In general, the import price, however, showed strong growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 266%. Over the period under review, average import prices hit record highs at $214,400 per ton in 2020, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($418,500 per ton), while the price for Canada amounted to $36,125 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+22.4%).
Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China
In 2022, after two years of decline, there was significant growth in shipments abroad of aquatic invertebrates; sea urchins, prepared or preserveds, when their volume increased by 69% to 1.6 tons. Overall, exports, however, faced a dramatic downturn.
In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds surged to $35K in 2022. In general, exports, however, faced a sharp setback.
| Export of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 244 | 0.2 | 12.7 | 24.3 | -53.6% |
| South Korea | 2.0 | 38.4 | N/A | N/A | 1820.0% |
| Malaysia | 212 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.7 | 15.8 | 10.6 | 98.1% |
| Total | 458 | 41.3 | 28.5 | 34.9 | -57.6% |
Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from China in 2022:
- Japan (981.0 kg)
Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China
In 2021, the amount of aquatic invertebrates; sea urchins, prepared or preserveds imported into China skyrocketed to 12 kg, increasing by 20% on the year before. The total import volume increased at an average annual rate of +4.4% from 2019 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds reduced to $2K in 2021. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 88%. As a result, imports reached the peak of $2.1K, and then shrank in the following year.
| Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in China (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 65.0 | 1,073 | 837 | 258.8% | |
| Canada | 1,009 | N/A | 289 | -46.5% | |
| Others | 65.0 | 1,071 | 837 | 258.8% | |
| Total | 1,139 | 2,144 | 1,963 | 31.3% | |
Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to China in 2022:
- Canada (8.0 kg)
- Spain (2.0 kg)
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