Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan - 2023

Contents:

1. Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan (CIF) - 2022
2. Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan (FOB) - 2022
3. Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan
4. Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan

Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan (CIF) - 2022

The average import price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $62,753 per ton in 2022, increasing by 26% against the previous year. In general, the import price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 Chile ($63,140 per ton), while the price for China amounted to $35,175 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+9.1%).

Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan (FOB) - 2022

In 2022, the average export price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $28,379 per ton, with a decrease of -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2020 an increase of 14%. As a result, the export price attained the peak level of $32,037 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($30,165 per ton) and the United States ($30,020 per ton), while the average price for exports to Taiwan (Chinese) ($25,500 per ton) and Hong Kong SAR ($27,921 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan

In 2022, after two years of decline, there was significant growth in overseas purchases of aquatic invertebrates; sea urchins, prepared or preserveds, when their volume increased by 18% to 48 tons. Over the period under review, imports, however, faced a abrupt downturn.

In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds skyrocketed to $3M in 2022. In general, imports, however, saw a mild slump.

Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to Japan in 2022:

1. Chile (47.2 tons)
2. China (0.7 tons)

Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Japan

In 2022, exports of aquatic invertebrates; sea urchins, prepared or preserveds from Japan skyrocketed to 24 tons, rising by 35% on the previous year's figure. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +104.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 52% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds soared to $680K in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from Japan in 2022:

1. Vietnam (11.2 tons)
2. Taiwan (Chinese) (7.6 tons)
3. Hong Kong SAR (4.3 tons)
4. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform