Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia - 2023
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia (CIF) - 2023
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia (FOB) - 2022
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia (CIF) - 2023
The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $9,693 per ton in September 2023, surging by 114% against the previous month. Overall, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in April 2023 an increase of 139% m-o-m. The import price peaked at $10,242 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($9,989 per ton), while the price for Lithuania ($3,750 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia (FOB) - 2022
In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,433 per ton, surging by 9.8% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mollusc preparations; cuttle fish and squid, prepared or preserveds increased by +105.1% against 2015 indices. The growth pace was the most rapid in 2020 when the average export price increased by 29%. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($24,253 per ton), while the average price for exports to Serbia ($3,779 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 Czech Republic (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia
In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Estonia totaled 180 tons, growing by 15% on the year before. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds dropped to $1.2M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $1.3M, and then declined in the following year.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 475 | 692 | 1,063 | 809 | 19.4% |
| Peru | 320 | 244 | 109 | 193 | -15.5% |
| Latvia | 1.2 | 59.7 | 82.7 | 110 | 350.9% |
| Lithuania | 12.0 | 51.6 | 52.0 | 29.7 | 35.3% |
| Belgium | 20.1 | 16.4 | 19.8 | 22.3 | 3.5% |
| Denmark | N/A | 5.2 | 5.5 | 13.2 | 59.3% |
| Spain | 62.3 | 1.7 | 3.4 | 8.4 | -48.7% |
| Others | 24.1 | 14.2 | 13.9 | 36.1 | 14.4% |
| Total | 914 | 1,084 | 1,349 | 1,220 | 10.1% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Estonia in 2022:
- Peru (71.5 tons)
- China (65.9 tons)
- Latvia (21.1 tons)
- Lithuania (8.3 tons)
- Belgium (4.9 tons)
- Denmark (2.9 tons)
- Spain (1.1 tons)
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia
Exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from Estonia fell remarkably to 91 tons in 2022, reducing by -24.4% against the previous year. In general, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 89%.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds fell remarkably to $402K in 2022. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 85%.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 474 | 167 | 390 | 306 | -13.6% |
| Lithuania | 46.8 | 61.7 | 60.8 | 52.7 | 4.0% |
| Bulgaria | 11.6 | 16.1 | 8.9 | 22.3 | 24.3% |
| Others | 18.4 | 17.0 | 24.3 | 20.6 | 3.8% |
| Total | 551 | 262 | 484 | 402 | -10.0% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Estonia in 2022:
- Serbia (81.0 tons)
- Bulgaria (5.6 tons)
- Lithuania (2.2 tons)
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