Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines - 2023
Contents:
- Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines (CIF) - 2022
- Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines (FOB) - 2022
- Imports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines
- Exports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines
Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines (CIF) - 2022
The average import price for mollusc preparations; clams, cockles and arkshells, prepared or preserveds stood at $2,602 per ton in 2022, shrinking by -11.7% against the previous year. Overall, import price indicated pronounced growth from 2017 to 2022: its price increased at an average annual rate of +3.4% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; clams, cockles and arkshells, prepared or preserveds decreased by -29.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 36% against the previous year. As a result, import price attained the peak level of $3,687 per ton. From 2020 to 2022, the average import prices remained at a 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 Indonesia ($3,828 per ton), while the price for the United States ($1,089 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines (FOB) - 2022
The average export price for mollusc preparations; clams, cockles and arkshells, prepared or preserveds stood at $1,500 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 100% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,910 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2017 to 2022, the rate of growth in terms of prices for South Korea amounted to -26.0% per year.
Imports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines
Imports of mollusc preparations; clams, cockles and arkshells, prepared or preserveds into the Philippines skyrocketed to 126 tons in 2022, increasing by 251% against the previous year. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mollusc preparations; clams, cockles and arkshells, prepared or preserveds soared to $328K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 20.0 | 31.6 | 88.5 | 198 | 114.7% |
| China | 47.6 | 8.7 | 17.0 | 65.0 | 10.9% |
| Indonesia | 50.6 | 25.6 | N/A | 57.2 | 4.2% |
| United States | 32.2 | 16.7 | N/A | 7.6 | -38.2% |
| Others | 4.5 | 5.1 | 0.5 | 0.3 | -59.5% |
| Total | 155 | 87.7 | 106 | 328 | 28.4% |
Top Suppliers of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved to the Philippines in 2022:
- Vietnam (75.0 tons)
- China (29.1 tons)
- Indonesia (14.9 tons)
- United States (7.0 tons)
Exports of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines
In 2022, after two years of decline, there was significant decline in shipments abroad of mollusc preparations; clams, cockles and arkshells, prepared or preserveds, when their volume decreased by -50% to 6.1 tons. Overall, exports, however, showed a significant expansion.
In value terms, exports of mollusc preparations; clams, cockles and arkshells, prepared or preserveds contracted notably to $9.1K in 2022. Over the period under review, exports, however, showed significant growth.
| Export of Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 18.3 | 9.1 | -50.3% |
| China | 4.3 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 4.4 | N/A | 18.3 | 9.1 | 27.4% |
Top Export Markets for Mollusc Preparations; Clams, Cockles and Arkshells, Prepared or Preserved from the Philippines in 2022:
- United States (6.1 tons)
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