New Zealand - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMolluscs Price in New Zealand - 2023
Contents:
- Molluscs Price in New Zealand (FOB) - 2023
- Molluscs Price in New Zealand (CIF) - 2023
- Molluscs Exports in New Zealand
- Molluscs Imports in New Zealand
Molluscs Price in New Zealand (FOB) - 2023
In September 2023, the average molluscs export price amounted to $7,105 per ton, rising by 5.4% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices reached the maximum in September 2023.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the Netherlands ($7,583 per ton), while the average price for exports to Greece ($4,285 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Molluscs Price in New Zealand (CIF) - 2023
The average molluscs import price stood at $6,095 per ton in September 2023, falling by -9.5% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 75% against the previous month. As a result, import price reached the peak level of $10,972 per ton. From November 2022 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($25,197 per ton), while the price for China ($4,822 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Molluscs Exports in New Zealand
In 2022, approx. 53K tons of molluscs (scallops, mussels, cuttle fish, squid and octopus) were exported from New Zealand; which is down by -9.1% compared with the previous year. Overall, exports continue to indicate a deep setback. The smallest decline of -8.1% was in 2020.
In value terms, molluscs exports dropped to $252M in 2022. Over the period under review, exports saw a deep reduction.
| Export of Molluscs in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 113 | 94.0 | 61.5 | 60.3 | -18.9% |
| United States | 67.6 | 51.2 | 67.5 | 53.2 | -7.7% |
| Spain | 22.4 | 26.2 | 16.1 | 19.4 | -4.7% |
| Greece | 16.6 | 8.6 | 14.8 | 17.5 | 1.8% |
| Australia | 13.9 | 12.8 | 13.5 | 12.8 | -2.7% |
| Thailand | 14.9 | 10.8 | 5.4 | 8.5 | -17.1% |
| Canada | 8.5 | 8.8 | 4.9 | 7.5 | -4.1% |
| South Korea | 18.4 | 16.0 | 11.3 | 7.3 | -26.5% |
| Hong Kong SAR | 8.3 | 6.9 | 9.1 | 4.5 | -18.5% |
| Japan | 6.1 | 4.8 | 3.1 | 4.4 | -10.3% |
| Others | 68.2 | 56.6 | 53.3 | 56.6 | -6.0% |
| Total | 358 | 297 | 260 | 252 | -11.0% |
Top Export Markets for Molluscs from New Zealand in 2022:
- China (18.4K tons)
- United States (8.6K tons)
- Greece (5.0K tons)
- Spain (4.3K tons)
- Australia (2.6K tons)
- Thailand (1.5K tons)
- South Korea (1.2K tons)
- Canada (1.1K tons)
- Japan (1.0K tons)
- Hong Kong SAR (0.7K tons)
Molluscs Imports in New Zealand
In 2022, molluscs imports into New Zealand contracted markedly to 1.9K tons, dropping by -15.3% compared with 2021 figures. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year.
In value terms, molluscs imports expanded significantly to $14M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Molluscs in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.6 | 7.0 | 8.1 | 11.1 | 1.5% |
| Vietnam | 0.5 | 0.2 | 0.4 | 0.6 | 6.3% |
| Australia | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Peru | 0.7 | 1.7 | 1.6 | 0.3 | -24.6% |
| Indonesia | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
| United States | 0.6 | 0.2 | 0.3 | 0.1 | -45.0% |
| Falkland Islands (Malvinas) | N/A | N/A | N/A | 0.1 | 0% |
| Chile | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Others | 1.0 | 1.5 | 1.4 | 1.3 | 9.1% |
| Total | 14.0 | 11.1 | 12.5 | 14.4 | 0.9% |
Top Suppliers of Molluscs to New Zealand in 2022:
- China (1505.6 tons)
- Vietnam (72.5 tons)
- Chile (56.0 tons)
- Falkland Islands (Malvinas) (45.7 tons)
- Indonesia (40.2 tons)
- Australia (37.0 tons)
- United States (35.8 tons)
- Peru (26.9 tons)
This report provides an in-depth analysis of the molluscs market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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