Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia - 2023

Contents:

  1. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia (FOB) - 2022
  2. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia (CIF) - 2022
  3. Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia
  4. Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia (FOB) - 2022

In 2022, the average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $12,705 per ton, surging by 5.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($16,561 per ton), while the average price for exports to Vietnam ($10,278 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia (CIF) - 2022

The average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $51,793 per ton in 2022, surging by 5.3% against the previous year. In general, the import price enjoyed a strong expansion. The growth pace was the most rapid in 2017 an increase of 90% against the previous year. Over the period under review, average import prices reached the maximum at $53,067 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +14.2% per year.

Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia

Exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds from Australia dropped remarkably to 47 tons in 2022, falling by -25.9% compared with 2021. In general, exports faced a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 4.4% against the previous year.

In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds plummeted to $603K in 2022. Overall, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.

Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR922542623208-39.1%
Singapore0.319.029.3139673.8%
Japan52.746.329.799.823.7%
Vietnam7.8N/A14.485.5122.1%
China49.65.446.443.0-4.6%
Brunei DarussalamN/A3.63.313.593.6%
Thailand19.515.92.0N/A-68.0%
Others20.85.920.114.7-10.9%
Total1,073638768603-17.5%

Top Export Markets for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled from Australia in 2022:

  1. Hong Kong SAR (13.8 tons)
  2. Singapore (10.4 tons)
  3. Japan (8.8 tons)
  4. Vietnam (8.3 tons)
  5. China (4.2 tons)
  6. Brunei Darussalam (0.8 tons)

Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia

In 2022, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds into Australia declined notably to 169 kg, which is down by -76.3% on the previous year. Over the period under review, imports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 2,277% against the previous year.

In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds contracted significantly to $8.8K in 2022. In general, imports recorded a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 2,103%.

Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand62.51.635.18.8-48.0%
OthersN/AN/AN/AN/A0%
Total62.51.635.18.8-48.0%

Top Suppliers of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled to Australia in 2022:

  1. New Zealand (169.0 kg)

Source: IndexBox Market Intelligence Platform

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