Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia - 2022
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia (FOB) - 2022
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia (CIF) - 2022
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia (FOB) - 2022
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $9,159 per ton in March 2022, increasing by 2.4% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 35% against the previous month. The export price peaked at $10,454 per ton in October 2021; however, from November 2021 to March 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In March 2022, the country with the highest price was Canada ($9,790 per ton), while the average price for exports to the United States amounted to $9,007 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia (CIF) - 2022
The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $7,451 per ton in 2022, declining by -7.1% against the previous year. In general, the import price, however, saw prominent growth. The pace of growth appeared the most rapid in 2014 an increase of 97%. Over the period under review, average import prices reached the maximum at $8,288 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 China ($8,996 per ton), while the price for Taiwan (Chinese) ($595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia
In 2022, shipments abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -18.2% to 788 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. As a result, the exports reached the peak of 1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds dropped rapidly to $6.9M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,100 | 4,623 | 5,964 | 4,340 | 11.9% |
| Canada | 1,277 | 1,435 | 486 | 686 | -18.7% |
| Greece | 342 | 355 | 471 | 605 | 20.9% |
| New Zealand | 35.9 | 69.1 | 106 | 308 | 104.7% |
| Vietnam | 397 | 376 | 356 | 301 | -8.8% |
| Taiwan (Chinese) | 145 | 190 | 323 | 196 | 10.6% |
| China | 164 | 89.1 | 11.2 | 82.5 | -20.5% |
| South Korea | 52.8 | 315 | 187 | 61.5 | 5.2% |
| Others | 426 | 391 | 263 | 284 | -12.6% |
| Total | 5,939 | 7,844 | 8,167 | 6,864 | 4.9% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Indonesia in 2022:
- United States (299.5 tons)
- Vietnam (295.9 tons)
- Canada (47.1 tons)
- Greece (46.4 tons)
- New Zealand (26.3 tons)
- China (19.9 tons)
- South Korea (13.6 tons)
- Taiwan (Chinese) (12.8 tons)
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia
In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Indonesia surged to 12 tons, with an increase of 60% against 2021 figures. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 171%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds skyrocketed to $93K in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 163%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.5 | 21.9 | 43.0 | 80.5 | 55.3% |
| Malaysia | 2.7 | 1.6 | 4.7 | 8.3 | 45.4% |
| Japan | N/A | 0.1 | 0.5 | 1.4 | 274.2% |
| South Korea | N/A | N/A | 0.1 | 1.0 | 900.0% |
| Taiwan (Chinese) | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Pakistan | N/A | N/A | 13.1 | N/A | 0% |
| Others | 0.4 | 0.2 | 0.8 | 1.5 | 55.4% |
| Total | 24.7 | 23.8 | 62.4 | 92.7 | 55.4% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Indonesia in 2022:
- China (8.9 tons)
- Malaysia (2.5 tons)
- Japan (0.4 tons)
- Taiwan (Chinese) (0.2 tons)
- South Korea (0.2 tons)
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