Price for Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia - 2024
Contents:
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia (CIF) - 2022
- Price for Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia (FOB) - 2022
- Imports of Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia
- Exports of Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia
Price for Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia (CIF) - 2022
The average import price for mollusc preparations; abalone, prepared or preserveds stood at $7,998 per ton in 2022, increasing by 3.5% against the previous year. In general, the import price, however, showed a mild contraction. The pace of growth appeared the most rapid in 2015 an increase of 73% against the previous year. The import price peaked at $28,485 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($35,859 per ton), while the price for China ($6,552 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia (FOB) - 2022
The average export price for mollusc preparations; abalone, prepared or preserveds stood at $12,845 per ton in 2022, waning by -10.4% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2014 an increase of 276% against the previous year. The export price peaked at $36,501 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($29,500 per ton), while the average price for exports to Taiwan (Chinese) ($6,724 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia
Imports of mollusc preparations; abalone, prepared or preserveds into Malaysia rose modestly to 2.7K tons in 2022, picking up by 3.3% against the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of mollusc preparations; abalone, prepared or preserveds expanded remarkably to $22M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 9.3%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.6 | 14.1 | 15.1 | 16.3 | 6.2% |
| New Zealand | 2.5 | 1.2 | 1.5 | 1.4 | -17.6% |
| Mexico | 0.8 | 1.0 | 1.1 | 1.3 | 17.6% |
| Australia | 1.5 | 0.7 | 0.8 | 1.0 | -12.6% |
| Chile | 1.0 | 0.5 | 0.9 | 0.6 | -15.7% |
| Others | 1.8 | 1.0 | 0.8 | 1.1 | -15.1% |
| Total | 21.2 | 18.5 | 20.2 | 21.6 | 0.6% |
Top Suppliers of Mollusc Preparations; Abalone, Prepared or Preserved to Malaysia in 2022:
- China (2494.7 tons)
- Mexico (49.6 tons)
- New Zealand (46.8 tons)
- Chile (36.0 tons)
- Australia (34.2 tons)
Exports of Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia
In 2022, exports of mollusc preparations; abalone, prepared or preserveds from Malaysia skyrocketed to 163 tons, increasing by 24% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 99%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of mollusc preparations; abalone, prepared or preserveds rose remarkably to $2.1M in 2022. In general, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.7% 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 +63.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Mollusc Preparations; Abalone, Prepared or Preserved in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1,169 | 634 | 1,092 | 1,659 | 12.4% |
| Taiwan (Chinese) | N/A | N/A | N/A | 152 | 0% |
| South Korea | 103 | 20.2 | 260 | 111 | 2.5% |
| Thailand | 628 | 358 | 238 | 98.0 | -46.2% |
| Australia | N/A | N/A | N/A | 24.7 | 0% |
| Hong Kong SAR | 5.5 | 97.0 | 237 | 6.1 | 3.5% |
| Vietnam | 23.7 | 155 | 13.7 | N/A | -24.0% |
| Others | 5.8 | 18.0 | 39.0 | 44.9 | 97.8% |
| Total | 1,935 | 1,282 | 1,880 | 2,096 | 2.7% |
Top Export Markets for Mollusc Preparations; Abalone, Prepared or Preserved from Malaysia in 2022:
- Singapore (124.2 tons)
- Taiwan (Chinese) (22.6 tons)
- South Korea (7.0 tons)
- Thailand (3.3 tons)
- Australia (2.4 tons)
- Hong Kong SAR (0.3 tons)
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