Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada - 2024
Contents:
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada (FOB) - 2022
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada (CIF) - 2022
- Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada
- Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $10,565 per ton, waning by -27.9% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. The export price peaked at $73,170 per ton in 2012; however, from 2013 to 2022, the export prices stood 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 South Korea amounted to +56.9% per year.
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada (CIF) - 2022
The average import price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $30,841 per ton in 2022, increasing by 33% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 381%. Over the period under review, average import prices hit record highs at $70,702 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($126,111 per ton), while the price for the United States ($17,000 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+89.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada
In 2022, approx. 2.9 tons of aquatic invertebrates; sea urchins, prepared or preserveds were exported from Canada; with a decrease of -36.5% on the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, the exports reached the peak of 4.6 tons, and then dropped sharply in the following year.
In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds shrank remarkably to $31K in 2022. Overall, exports showed a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 80% against the previous year. As a result, the exports attained the peak of $68K, and then contracted dramatically in the following year.
| Export of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.0 | 0.8 | 3.7 | 31.1 | 214.5% |
| Hong Kong SAR | 56.4 | 35.9 | 61.5 | N/A | 4.4% |
| South Korea | 2.4 | 0.2 | 1.7 | N/A | -15.8% |
| China | 1.4 | 0.4 | 0.5 | N/A | -40.2% |
| Others | 1.5 | 0.4 | 0.4 | N/A | -48.4% |
| Total | 62.7 | 37.7 | 67.9 | 31.1 | -20.8% |
Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from Canada in 2022:
- Japan (2.9 tons)
Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada
After three years of growth, purchases abroad of aquatic invertebrates; sea urchins, prepared or preserveds decreased by -33.9% to 251 kg in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 709%. As a result, imports reached the peak of 380 kg, and then shrank sharply in the following year.
In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds declined to $7.7K in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 642%.
| Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.2 | 0.8 | 5.1 | 5.9 | 209.0% |
| Italy | 0.1 | N/A | N/A | 1.1 | 122.4% |
| Spain | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| United States | N/A | 0.6 | 0.7 | 0.2 | -42.3% |
| China | N/A | N/A | 0.3 | N/A | 0% |
| Others | N/A | 1.9 | 2.4 | N/A | 26.3% |
| Total | 0.4 | 3.3 | 8.8 | 7.7 | 168.0% |
Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to Canada in 2022:
- Japan (223.0 kg)
- United States (10.0 kg)
- Italy (9.0 kg)
- Spain (9.0 kg)
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