Price for Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia - 2024
Contents:
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia (CIF) - 2022
- Price for Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia (FOB) - 2022
- Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia
- Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia (CIF) - 2022
In 2022, the average import price for mollusc preparations; oysters, prepared or preserveds amounted to $3,588 per ton, picking up by 16% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 44% against the previous year. The import price peaked at $7,390 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($76,355 per ton), while the price for Thailand ($2,270 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+26.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia (FOB) - 2022
In 2022, the average export price for mollusc preparations; oysters, prepared or preserveds amounted to $1,780 per ton, waning by -20.4% against the previous year. Over the period under review, the export price, however, posted a notable increase. The growth pace was the most rapid in 2013 an increase of 218% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,655 per ton in 2014; however, from 2015 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 Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +71.3% per year.
Imports of Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia
Imports of mollusc preparations; oysters, prepared or preserveds into Malaysia surged to 153 tons in 2022, picking up by 76% compared with the year before. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 523% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of mollusc preparations; oysters, prepared or preserveds skyrocketed to $549K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 214% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 142 | 28.7 | 178 | 265 | 23.1% |
| Japan | 2.4 | 1.0 | 20.3 | 189 | 328.6% |
| Singapore | 17.2 | 4.2 | 10.7 | 40.9 | 33.5% |
| Thailand | 10.4 | 12.5 | 17.5 | 30.3 | 42.8% |
| Others | 23.2 | 39.5 | 43.2 | 24.9 | 2.4% |
| Total | 195 | 85.9 | 270 | 549 | 41.2% |
Top Suppliers of Mollusc Preparations; Oysters, Prepared or Preserved to Malaysia in 2022:
- China (106.8 tons)
- Japan (28.0 tons)
- Thailand (13.4 tons)
- Singapore (3.2 tons)
Exports of Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia
In 2022, the amount of mollusc preparations; oysters, prepared or preserveds exported from Malaysia soared to 19 tons, growing by 737% against the previous year's figure. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 7,426%. As a result, the exports reached the peak of 75 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of mollusc preparations; oysters, prepared or preserveds surged to $33K in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 7,499% against the previous year. As a result, the exports reached the peak of $123K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Mollusc Preparations; Oysters, Prepared or Preserved in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.6 | 121 | 4.9 | 33.2 | 174.8% |
| Others | N/A | 1.6 | 0.1 | N/A | -93.8% |
| Total | 1.6 | 123 | 5.0 | 33.2 | 174.8% |
Top Export Markets for Mollusc Preparations; Oysters, Prepared or Preserved from Malaysia in 2022:
- Singapore (18.6 tons)
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