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

Contents:

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

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

The average export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $4,436 per ton in August 2023, increasing by 23% against the previous month. In general, export price indicated a tangible expansion from November 2022 to August 2023: its price increased at an average monthly rate of +2.6% over the last nine-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for molluscs; oysters, whether in shell or not, live, fresh or chilleds increased by +37.9% against May 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 58% m-o-m. As a result, the export price reached the peak level of $5,965 per ton. From May 2023 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($22,007 per ton), while the average price for exports to the Netherlands ($3,633 per ton) was amongst the lowest.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+19.9%), 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 the UK (CIF) - 2023

The average import price for molluscs; oysters, whether in shell or not, live, fresh or chilleds stood at $7,235 per ton in August 2023, waning by -27.3% against the previous month. Overall, the import price recorded a abrupt decline. The pace of growth was the most pronounced in June 2023 an increase of 53% against the previous month. The import price peaked at $13,896 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($15,539 per ton), while the price for Ireland amounted to $5,508 per ton.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+0.3%).

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

After three years of growth, overseas shipments of molluscs; oysters, whether in shell or not, live, fresh or chilleds decreased by -44.4% to 1.5K tons in 2022. In general, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 2.6K tons, and then fell rapidly in the following year.

In value terms, exports of molluscs; oysters, whether in shell or not, live, fresh or chilleds shrank rapidly to $5.7M in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. As a result, the exports attained the peak of $9.2M, and then fell markedly in the following year.

Export of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.04.67.83.115.7%
Ireland1.40.31.00.1-58.5%
Others0.30.30.42.5102.7%
Total3.75.29.25.715.5%

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

  1. France (985.9 tons)
  2. Ireland (21.4 tons)

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

In 2022, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds into the UK soared to 215 tons, jumping by 644% against the previous year. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 986%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of molluscs; oysters, whether in shell or not, live, fresh or chilleds soared to $1.9M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,597% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Molluscs; Oysters, Whether in Shell or Not, Live, Fresh or Chilled in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11.05.02921,206378.6%
Ireland43.55.216.2596139.3%
Netherlands28.54.650.6N/A33.2%
Others4.37.010.962.8144.4%
Total87.321.83701,865177.5%

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

  1. Ireland (115.8 tons)
  2. France (94.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Molluscs; oysters, whether in shell or not, live, fresh or chilled - United Kingdom