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

Contents:

  1. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Japan (FOB) - 2023
  2. Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Japan (CIF) - 2022
  3. Exports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Japan
  4. Imports of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Japan

Price for Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Japan (FOB) - 2023

In July 2023, the average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $16,182 per ton, rising by 11% against the previous month. Over the period from November 2022 to July 2023, it increased at an average monthly rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Russia ($25,536 per ton), while the average price for exports to Malaysia ($8,307 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.6%), 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 Japan (CIF) - 2022

In 2022, the average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds amounted to $8,052 per ton, approximately reflecting the previous year. In general, the import price saw a slight setback. The most prominent rate of growth was recorded in 2016 an increase of 15%. The import price peaked at $9,909 per ton in 2014; however, from 2015 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 Australia ($13,076 per ton), while the price for China ($3,973 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds from Japan expanded sharply to 415 tons, surging by 12% compared with 2021. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 272%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds reduced to $5.6M in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 278% against the previous year. As a result, the exports attained the peak of $6.2M, and then fell in the following year.

Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR2282403,6453,156140.1%
Taiwan (Chinese)23.341.8334955244.8%
China33225858991039.9%
Russia1,3331,0711,595312-38.4%
Singapore2.62.210.874.9206.6%
Malaysia2.3N/AN/A55.0188.1%
Others13425.415.8117-4.4%
Total2,0551,6396,1905,58039.5%

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

  1. Hong Kong SAR (229.2 tons)
  2. China (79.2 tons)
  3. Taiwan (Chinese) (60.6 tons)
  4. Russia (21.6 tons)
  5. Singapore (12.1 tons)
  6. Malaysia (7.1 tons)

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

For the third consecutive year, Japan recorded decline in overseas purchases of molluscs; oysters, whether in shell or not, live, fresh or chilleds, which decreased by -20.7% to 101 tons in 2022. In general, imports continue to indicate a sharp curtailment.

In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds declined notably to $817K in 2022. Overall, imports saw a precipitous curtailment.

Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2,1821,487664547-36.9%
Australia79.949.729.911412.6%
United States305256220113-28.2%
China26319811442.2-45.7%
Others13448.09.9N/A-72.8%
Total2,9642,0391,038817-34.9%

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

  1. South Korea (68.7 tons)
  2. United States (13.4 tons)
  3. China (10.6 tons)
  4. Australia (8.7 tons)

Source: IndexBox Market Intelligence Platform

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