Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada - 2023
Contents:
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada (FOB) - 2023
- Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada (CIF) - 2023
- Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada
- Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada
Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada (FOB) - 2023
The average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $11,155 per ton in September 2023, almost unchanged from the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 6.6% m-o-m. The export price peaked at $11,761 per ton in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($17,347 per ton), while the average price for exports to Singapore ($10,198 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada (CIF) - 2023
The average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $15,796 per ton in September 2023, with an increase of 3.4% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 15% m-o-m. Over the period under review, average import prices attained the maximum in September 2023.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +0.2% per month.
Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada
Exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds from Canada skyrocketed to 6.6K tons in 2022, growing by 43% against 2021. Overall, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 98% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds skyrocketed to $71M in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 107% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.9 | 16.2 | 41.2 | 63.7 | 31.7% |
| Hong Kong SAR | 8.9 | 5.7 | 5.8 | 5.5 | -14.8% |
| Singapore | 1.7 | 1.4 | 1.8 | 1.6 | -2.0% |
| Others | 1.7 | 0.7 | 0.6 | 0.6 | -29.3% |
| Total | 40.2 | 24.0 | 49.5 | 71.4 | 21.1% |
Top Export Markets for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled from Canada in 2022:
- United States (6.0K tons)
- Hong Kong SAR (0.3K tons)
- Singapore (0.2K tons)
Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada
For the third year in a row, Canada recorded decline in supplies from abroad of molluscs; oysters, whether in shell or not, live, fresh or chilleds, which decreased by -18.6% to 639 tons in 2022. In general, imports recorded a dramatic setback. The smallest decline of -8.7% was in 2021.
In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds rose slightly to $9.4M in 2022. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 7.9% against the previous year.
| Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.9 | 8.0 | 8.8 | 9.3 | -5.2% |
| Chile | 0.6 | 0.4 | 0.2 | N/A | -42.3% |
| Others | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Total | 11.6 | 8.4 | 9.1 | 9.4 | -6.8% |
Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to Canada in 2022:
- United States (628.4 tons)
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