Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy - 2023
Contents:
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy (CIF) - 2023
- Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy (FOB) - 2022
- Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy
- Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy (CIF) - 2023
In November 2023, the average import price for aquatic invertebrates; sea urchins, prepared or preserveds amounted to $30,785 per ton, dropping by -17.6% against the previous month. Overall, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in May 2023 an increase of 431% m-o-m. As a result, import price attained the peak level of $102K per ton. From June 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($31,297 per ton), while the price for the Netherlands ($4,943 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Greece (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy (FOB) - 2022
The average export price for aquatic invertebrates; sea urchins, prepared or preserveds stood at $44,337 per ton in 2022, reducing by -23.2% against the previous year. In general, the export price saw a slight descent. The most prominent rate of growth was recorded in 2015 an increase of 97%. Over the period under review, the average export prices attained the maximum at $142,462 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($180,795 per ton), while the average price for exports to Latvia ($17,239 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 France (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy
In 2022, supplies from abroad of aquatic invertebrates; sea urchins, prepared or preserveds decreased by -13.5% to 16 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2020 when imports increased by 4.3%. As a result, imports reached the peak of 51 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of aquatic invertebrates; sea urchins, prepared or preserveds fell sharply to $937K in 2022. Overall, imports continue to indicate a precipitous decrease. The smallest decline of -9.7% was in 2020.
| Import of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,248 | 1,213 | 1,092 | 567 | -23.1% |
| Slovenia | N/A | N/A | 33.6 | 162 | 382.1% |
| Chile | 218 | N/A | N/A | 151 | -11.5% |
| Croatia | 328 | 391 | 35.0 | 47.8 | -47.4% |
| France | 10.5 | 7.8 | 15.5 | 6.2 | -16.1% |
| Greece | 33.4 | 41.7 | 12.6 | 3.1 | -54.7% |
| Others | N/A | 7.4 | 62.6 | N/A | 745.9% |
| Total | 1,839 | 1,661 | 1,251 | 937 | -20.1% |
Top Suppliers of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved to Italy in 2022:
- Spain (6.6 tons)
- Chile (3.9 tons)
- Croatia (3.5 tons)
- Slovenia (0.9 tons)
- France (0.5 tons)
- Greece (0.3 tons)
Exports of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy
For the fourth year in a row, Italy recorded growth in shipments abroad of aquatic invertebrates; sea urchins, prepared or preserveds, which increased by 50% to 1.3 tons in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of aquatic invertebrates; sea urchins, prepared or preserveds soared to $56K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Aquatic Invertebrates; Sea Urchins, Prepared or Preserved in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 11.0 | 5.9 | 6.3 | 15.0 | 10.9% |
| Greece | N/A | N/A | N/A | 12.3 | 0% |
| United Arab Emirates | 3.3 | 4.7 | 4.9 | 8.0 | 34.3% |
| Austria | 1.3 | 0.7 | 1.6 | 5.6 | 62.7% |
| Malta | 3.9 | 4.3 | 9.3 | 4.6 | 5.7% |
| Croatia | 4.6 | 3.0 | 3.9 | 1.7 | -28.2% |
| Latvia | N/A | N/A | N/A | 1.2 | 0% |
| Others | 5.9 | 14.7 | 22.1 | 7.1 | 6.4% |
| Total | 29.9 | 33.4 | 48.2 | 55.5 | 22.9% |
Top Export Markets for Aquatic Invertebrates; Sea Urchins, Prepared or Preserved from Italy in 2022:
- United Arab Emirates (458.0 kg)
- Greece (389.0 kg)
- Switzerland (83.0 kg)
- Malta (72.0 kg)
- Austria (71.0 kg)
- Latvia (67.0 kg)
- Croatia (34.0 kg)
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