India - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 6, 2024

India - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights

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Molluscs Price in India - 2023

Contents:

  1. Molluscs Price in India (FOB) - 2023
  2. Molluscs Price in India (CIF) - 2023
  3. Molluscs Exports in India
  4. Molluscs Imports in India

Molluscs Price in India (FOB) - 2023

In September 2023, the average molluscs export price amounted to $3,974 per ton, remaining relatively unchanged against the previous month. Overall, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 3.1% month-to-month. The export price peaked at $5,224 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,245 per ton), while the average price for exports to China ($2,635 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Molluscs Price in India (CIF) - 2023

The average molluscs import price stood at $10,942 per ton in September 2023, approximately mirroring the previous month. In general, the import price recorded a moderate increase. The growth pace was the most rapid in June 2023 when the average import price increased by 377% month-to-month. As a result, import price attained the peak level of $18,239 per ton. From July 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($29,635 per ton), while the price for Thailand ($5,465 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Molluscs Exports in India

Molluscs exports from India amounted to 167K tons in 2022, growing by 6.9% on the year before. Overall, exports, however, showed a perceptible downturn. The growth pace was the most rapid in 2021 when exports increased by 14%.

In value terms, molluscs exports surged to $852M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Molluscs in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain13213416521417.5%
Italy95.066.611513211.6%
Thailand11276.568.8104-2.4%
United States39.125.760.978.326.0%
China85.360.376.876.7-3.5%
Vietnam89.548.339.554.6-15.2%
Malaysia20.320.426.136.021.0%
Greece22.417.129.132.112.7%
Portugal27.621.527.329.72.5%
France18.813.320.022.05.4%
Others67.542.159.572.32.3%
Total7105256888526.3%

Top Export Markets for Molluscs from India in 2022:

  1. Spain (38.9K tons)
  2. Thailand (22.9K tons)
  3. Italy (22.2K tons)
  4. China (20.5K tons)
  5. Vietnam (12.8K tons)
  6. United States (11.0K tons)
  7. Malaysia (8.4K tons)
  8. Greece (6.1K tons)
  9. Portugal (6.0K tons)
  10. France (4.0K tons)

Molluscs Imports in India

Molluscs imports into India reached 1K tons in 2022, picking up by 7.3% on the previous year's figure. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, molluscs imports skyrocketed to $4.9M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Molluscs in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0281,2891,5921,64316.9%
Spain1063576081,532143.6%
OmanN/AN/AN/A4100%
China361336356343-1.7%
Italy415259280307-9.6%
ChileN/A66.072.917361.9%
FranceN/A62.3N/A64.92.1%
Thailand691163210N/A-44.9%
Canada193361164N/A-7.8%
Others1,809773681455-36.9%
Total4,6043,6673,9654,9262.3%

Top Suppliers of Molluscs to India in 2022:

  1. Spain (346.5 tons)
  2. United States (316.2 tons)
  3. Oman (99.0 tons)
  4. China (98.1 tons)
  5. Italy (57.9 tons)
  6. France (21.0 tons)
  7. Chile (20.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the molluscs market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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