Price for Mollusc Preparations; Oysters, Prepared or Preserved in Japan - 2023
Contents:
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Japan (FOB) - 2023
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Japan (CIF) - 2023
- Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Japan
- Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Japan
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Japan (FOB) - 2023
In November 2023, the average export price for mollusc preparations; oysters, prepared or preserveds amounted to $11,421 per ton, picking up by 1.7% against the previous month. Over the period under review, the export price showed a mild increase. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 95% against the previous month. As a result, the export price reached the peak level of $28,201 per ton. From July 2023 to November 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In November 2023, the highest price was recorded for prices to the United States ($12,209 per ton) and Singapore ($11,693 per ton), while the average price for exports to Malaysia ($9,664 per ton) and Taiwan (Chinese) ($10,656 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Japan (CIF) - 2023
In November 2023, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $5,444 per ton, waning by -17% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 56% m-o-m. As a result, import price reached the peak level of $8,988 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to -0.2% per month.
Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Japan
For the fourth year in a row, Japan recorded growth in overseas shipments of mollusc preparations; oysters, prepared or preserveds, which increased by 16% to 707 tons in 2022. The total export volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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; oysters, prepared or preserveds rose markedly to $12M in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Oysters, Prepared or Preserved in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 6.1 | 6.7 | 6.1 | 6.5 | 2.1% |
| Taiwan (Chinese) | 1.1 | 1.3 | 1.6 | 2.2 | 26.0% |
| United States | 0.9 | 1.0 | 1.8 | 2.0 | 30.5% |
| Singapore | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Australia | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Others | 0.4 | 0.2 | 0.3 | 0.4 | 0.0% |
| Total | 9.0 | 9.6 | 10.5 | 12.0 | 10.1% |
Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from Japan in 2022:
- Hong Kong SAR (272.9 tons)
- Taiwan (Chinese) (220.9 tons)
- United States (122.5 tons)
- Singapore (40.1 tons)
- Australia (32.1 tons)
Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Japan
For the third consecutive year, Japan recorded decline in overseas purchases of mollusc preparations; oysters, prepared or preserveds, which decreased by -10.1% to 834 tons in 2022. Over the period under review, imports saw a drastic downturn. The smallest decline of -2.9% was in 2020.
In value terms, imports of mollusc preparations; oysters, prepared or preserveds stood at $6.4M in 2022. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 5%. As a result, imports attained the peak of $8.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Mollusc Preparations; Oysters, Prepared or Preserved in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.6 | 3.2 | 2.0 | 3.7 | 12.5% |
| China | 5.2 | 4.9 | 4.2 | 2.7 | -19.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.7 | 8.1 | 6.2 | 6.4 | -6.0% |
Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Japan in 2022:
- China (462.0 tons)
- South Korea (372.2 tons)
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