Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United States - 2024

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United States (CIF) - 2024
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United States (FOB) - 2022
  3. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in the United States
  4. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in the United States

Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United States (CIF) - 2024

The average import price for mollusc preparations; mussels, prepared or preserveds stood at $2,992 per ton in September 2023, shrinking by -2.8% against the previous month. Overall, the import price recorded a slight decrease. The growth pace was the most rapid in June 2023 an increase of 9.1% m-o-m. The import price peaked at $3,427 per ton in March 2023; however, from April 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($7,274 per ton), while the price for Chile ($2,700 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in the United States (FOB) - 2022

In 2022, the average export price for mollusc preparations; mussels, prepared or preserveds amounted to $8,431 per ton, rising by 48% against the previous year. Overall, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 South Korea ($11,050 per ton), while the average price for exports to Trinidad and Tobago ($3,440 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 Italy (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in the United States

For the fourth year in a row, the United States recorded growth in supplies from abroad of mollusc preparations; mussels, prepared or preserveds, which increased by 9.1% to 13K tons in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds soared to $39M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile13.017.626.630.833.3%
Canada0.81.22.54.273.8%
New Zealand2.91.51.91.7-16.3%
Spain0.61.11.61.432.6%
Others2.11.31.31.4-12.6%
Total19.422.733.839.426.6%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to the United States in 2022:

  1. Chile (11.7K tons)
  2. Canada (0.6K tons)
  3. New Zealand (0.3K tons)
  4. Spain (0.2K tons)

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in the United States

In 2022, the amount of mollusc preparations; mussels, prepared or preserveds exported from the United States surged to 167 tons, rising by 152% compared with the previous year. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds soared to $1.4M in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea19.256824.0894259.8%
Canada14415865.527724.4%
MexicoN/A7.032.2112300.0%
Curacao10.626.016.831.543.8%
ColombiaN/A2.81445.945.2%
Chile47.5N/AN/AN/A0%
JamaicaN/A2.661.6N/A2269.2%
Others77.246.534.989.95.2%
Total2988113791,41167.9%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from the United States in 2022:

  1. South Korea (80.9 tons)
  2. Canada (52.7 tons)
  3. Mexico (18.1 tons)
  4. Curacao (4.1 tons)
  5. Colombia (1.6 tons)

Source: IndexBox Market Intelligence Platform

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