Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia - 2022
Contents:
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia (FOB) - 2022
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia (CIF) - 2022
- Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia
- Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia (FOB) - 2022
In March 2022, the average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds amounted to $44,477 per ton, jumping by 76% against the previous month. Over the period under review, the export price posted resilient growth. The growth pace was the most rapid in December 2021 an increase of 139% month-to-month. Over the period under review, the average export prices reached the peak figure in March 2022.
Average prices varied somewhat for the major overseas markets. In March 2022, the country with the highest price was South Korea ($52,372 per ton), while the average price for exports to Malaysia totaled $37,300 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+21.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia (CIF) - 2022
In 2022, the average import price for aquatic invertebrates; sea cucumbers, prepared or preserveds amounted to $4,048 per ton, picking up by 7.6% against the previous year. Overall, the import price, however, faced a dramatic slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 94%. The import price peaked at $56,571 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Singapore ($9,006 per ton), while the price for China totaled $3,893 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.9%).
Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia
In 2022, after three years of growth, there was significant decline in overseas shipments of aquatic invertebrates; sea cucumbers, prepared or preserveds, when their volume decreased by -30% to 333 tons. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 217% against the previous year. As a result, the exports attained the peak of 476 tons, and then contracted significantly in the following year.
In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds declined remarkably to $3.4M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year. As a result, the exports attained the peak of $5.2M, and then declined sharply in the following year.
| Export of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.4 | 678 | 3,931 | 2,917 | 323.5% |
| South Korea | 665 | 810 | 771 | 298 | -23.5% |
| Singapore | 437 | 208 | 78.6 | 42.7 | -53.9% |
| Hong Kong SAR | 452 | 102 | 49.3 | 37.1 | -56.5% |
| Vietnam | 55.5 | 19.1 | 20.3 | 6.7 | -50.6% |
| Others | 247 | 67.3 | 356 | 122 | -21.0% |
| Total | 1,895 | 1,885 | 5,206 | 3,423 | 21.8% |
Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from Indonesia in 2022:
- China (323.2 tons)
- Hong Kong SAR (3.1 tons)
- South Korea (2.9 tons)
- Singapore (1.2 tons)
- Vietnam (1.2 tons)
Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia
In 2022, after three years of growth, there was significant decline in supplies from abroad of aquatic invertebrates; sea cucumbers, prepared or preserveds, when their volume decreased by -22.2% to 12 tons. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 363%. As a result, imports attained the peak of 15 tons, and then reduced remarkably in the following year.
In value terms, imports of aquatic invertebrates; sea cucumbers, prepared or preserveds reduced rapidly to $48K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 93%.
| Import of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 48.2 | 44.8 | -7.1% |
| Singapore | 20.1 | 38.8 | 9.2 | 3.3 | -45.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 20.1 | 38.8 | 57.4 | 48.1 | 33.8% |
Top Suppliers of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved to Indonesia in 2022:
- China (11.5 tons)
- Singapore (0.4 tons)
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