Price for Mollusc Preparations; Mussels, Prepared or Preserved in India - 2022

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in India (FOB) - 2022
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in India (CIF) - 2022
  3. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in India
  4. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in India

Price for Mollusc Preparations; Mussels, Prepared or Preserved in India (FOB) - 2022

The average export price for mollusc preparations; mussels, prepared or preserveds stood at $13,768 per ton in 2022, rising by 6.6% against the previous year. In general, the export price showed a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 95%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($22,818 per ton), while the average price for exports to Estonia ($9,161 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 the United Arab Emirates (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in India (CIF) - 2022

In 2022, the average import price for mollusc preparations; mussels, prepared or preserveds amounted to $14,400 per ton, rising by 85% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 226% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +13.7% per year.

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in India

For the third year in a row, India recorded decline in overseas shipments of mollusc preparations; mussels, prepared or preserveds, which decreased by -61.5% to 224 kg in 2022. Overall, exports faced a dramatic shrinkage. The smallest decline of -12.7% was in 2021.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds contracted sharply to $3.1K in 2022. In general, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 31%.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KuwaitN/A2.81.51.8-19.8%
United Arab Emirates1.42.35.30.8-17.0%
Estonia1.10.90.60.3-35.2%
ArmeniaN/AN/AN/A0.30%
Norway0.9N/AN/AN/A0%
Moldova1.2N/AN/AN/A0%
Others0.10.10.2N/A41.4%
Total4.66.17.53.1-12.3%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from India in 2022:

  1. Kuwait (137.0 kg)
  2. United Arab Emirates (33.0 kg)
  3. Estonia (31.0 kg)
  4. Armenia (23.0 kg)

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in India

Imports of mollusc preparations; mussels, prepared or preserveds into India declined remarkably to 135 kg in 2022, which is down by -71.9% on the year before. Over the period under review, imports faced a significant decline. The smallest decline of -48.6% was in 2020.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds dropped markedly to $1.9K in 2022. Overall, imports saw a precipitous setback. The smallest decline of -40.5% was in 2020.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.610.80.51.9-54.1%
SpainN/AN/A3.2N/A0%
BrazilN/A0.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total19.611.73.71.9-54.1%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to India in 2022:

  1. Germany (135.0 kg)

Source: IndexBox Market Intelligence Platform

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