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

Contents:

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

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

The average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $1,251 per ton in 2022, which is down by -66.6% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 26%. Over the period under review, the average export prices reached the peak figure at $7,265 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($1,676 per ton), while the average price for exports to Bhutan amounted to $332 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+25.9%), while the prices for the other major destinations experienced a decline.

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

In 2020, the average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $14,138 per ton, rising by 21% against the previous year. Over the period from 2019 to 2020, it increased at an average annual rate of +20.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Norway ($17,846 per ton), while the price for the Netherlands totaled $11,125 per ton.

From 2019 to 2020, the most notable rate of growth in terms of prices was attained by Norway (+1,684.6%).

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

After three years of growth, shipments abroad of molluscs; oysters, whether in shell or not, live, fresh or chilleds decreased by -88.8% to 790 kg in 2022. In general, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports attained the peak of 7 tons, and then contracted rapidly in the following year.

In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds dropped significantly to $988 in 2022. Overall, exports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 18%. As a result, the exports reached the peak of $26K, and then declined remarkably in the following year.

Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/A0.10.20.9200.0%
BhutanN/AN/AN/A0.10%
Vietnam1.60.1N/AN/A-93.8%
Qatar18.021.824.7N/A17.1%
Others0.80.31.5N/A36.9%
Total20.522.326.41.0-63.5%

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

  1. Thailand (540.0 kg)
  2. Bhutan (250.0 kg)

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

In 2020, the amount of molluscs; oysters, whether in shell or not, live, fresh or chilleds imported into India skyrocketed to 29 kg, with an increase of 314% against 2019. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds surged to $410 in 2020. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in India (USD)
COUNTRY20192020CAGR,
2019-2020
Norway1.023223100.0%
NetherlandsN/A1780%
United Kingdom2.0N/A0%
United States79.0N/A0%
OthersN/AN/A0%
Total82.0410400.0%

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

  1. Netherlands (16.0 kg)
  2. Norway (13.0 kg)

Source: IndexBox Market Intelligence Platform

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