Price for Mollusc Preparations; Oysters, Prepared or Preserved in Norway - 2024

Contents:

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

Price for Mollusc Preparations; Oysters, Prepared or Preserved in Norway (CIF) - 2022

The average import price for mollusc preparations; oysters, prepared or preserveds stood at $10,279 per ton in 2022, surging by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 46%. As a result, import price reached the peak level of $10,910 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +12.5% per year.

Price for Mollusc Preparations; Oysters, Prepared or Preserved in Norway (FOB) - 2022

The average export price for mollusc preparations; oysters, prepared or preserveds stood at $7,874 per ton in 2022, shrinking by -28.7% against the previous year. Overall, the export price saw a deep contraction. The growth pace was the most rapid in 2018 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $35,910 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($16,706 per ton), while the average price for exports to Namibia stood at $5,119 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+41.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Norway

In 2022, the amount of mollusc preparations; oysters, prepared or preserveds imported into Norway skyrocketed to 5.9 tons, picking up by 246% against 2021 figures. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,885%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of mollusc preparations; oysters, prepared or preserveds soared to $61K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,018%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Mollusc Preparations; Oysters, Prepared or Preserved in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.1N/AN/A60.7746.7%
Spain0.40.60.4N/A0.0%
Others0.20.216.5N/A808.3%
Total0.80.816.960.7323.4%

Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Norway in 2022:

  1. France (5.9 tons)

Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Norway

In 2022, after three years of growth, there was decline in shipments abroad of mollusc preparations; oysters, prepared or preserveds, when their volume decreased by -2.1% to 143 kg. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 258% against the previous year.

In value terms, exports of mollusc preparations; oysters, prepared or preserveds plummeted to $1.1K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. As a result, the exports attained the peak of $1.6K, and then shrank dramatically in the following year.

Export of Mollusc Preparations; Oysters, Prepared or Preserved in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany37311520756815.0%
NamibiaN/AN/AN/A5580%
Hong Kong SARN/AN/A1,121N/A0%
KenyaN/A526255N/A-51.5%
OthersN/AN/A29.0N/A0%
Total3736411,6121,12644.5%

Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from Norway in 2022:

  1. Namibia (109.0 kg)
  2. Germany (34.0 kg)

Source: IndexBox Market Intelligence Platform

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