Peru - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Molluscs Price in Peru - 2021

Contents:

  1. Molluscs Price in Peru (FOB) - 2021
  2. Molluscs Price in Peru (CIF) - 2021
  3. Molluscs Exports in Peru
  4. Molluscs Imports in Peru

Molluscs Price in Peru (FOB) - 2021

The average molluscs export price stood at $2,607 per ton in April 2020, which is down by -5.1% against the previous month. Over the last three-month period, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in February 2020 when the average export price increased by 5.7% against the previous month. The export price peaked at $2,746 per ton in March 2020, and then shrank in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was France ($8,206 per ton), while the average price for exports to Russia ($1,450 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Molluscs Price in Peru (CIF) - 2021

In April 2020, the average molluscs import price amounted to $4,204 per ton, rising by 42% against the previous month. Over the last three months, it increased at an average monthly rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In April 2020, the country with the highest price was Indonesia ($4,682 per ton), while the price for China stood at $3,770 per ton.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Indonesia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Molluscs Exports in Peru

In 2022, approx. 218K tons of molluscs (scallops, mussels, cuttle fish, squid and octopus) were exported from Peru; declining by -49.3% against the previous year's figure. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 45%. As a result, the exports reached the peak of 430K tons, and then shrank significantly in the following year.

In value terms, molluscs exports contracted sharply to $542M in 2022. Over the period under review, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year.

Export of Molluscs in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain179131118170-1.7%
Thailand54.962.270.657.11.3%
South Korea79.256.845.744.7-17.4%
China13950.512640.5-33.7%
Japan35.331.132.132.5-2.7%
United States30.433.462.128.5-2.1%
Italy29.125.926.927.9-1.4%
Mexico21.418.510.122.92.3%
Russia9.311.323.718.225.1%
Morocco7.02.47.07.94.1%
Taiwan (Chinese)20.910.313.85.8-34.8%
Colombia0.70.61.82.246.5%
Others33525434084.3-36.9%
Total941688878542-16.8%

Top Export Markets for Molluscs from Peru in 2022:

  1. Spain (51.2K tons)
  2. Thailand (32.6K tons)
  3. South Korea (27.1K tons)
  4. Japan (20.8K tons)
  5. China (20.8K tons)
  6. Italy (11.7K tons)
  7. Russia (9.7K tons)
  8. Mexico (8.8K tons)
  9. United States (4.1K tons)
  10. Morocco (4.0K tons)
  11. Colombia (3.5K tons)
  12. Taiwan (Chinese) (3.4K tons)

Molluscs Imports in Peru

In 2022, molluscs imports into Peru surged to 2.8K tons, growing by 93% against the previous year. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 110%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, molluscs imports skyrocketed to $10M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Molluscs in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.90.22.23.963.0%
China1.20.81.73.340.1%
ArgentinaN/A0.4N/A1.6100.0%
UruguayN/AN/A0.10.7600.0%
PhilippinesN/AN/AN/A0.30%
South KoreaN/A0.30.60.30.0%
Chile0.80.3N/A0.2-37.0%
Others0.80.40.40.2-37.0%
Total3.72.54.910.541.6%

Top Suppliers of Molluscs to Peru in 2022:

  1. United States (1033.5 tons)
  2. China (754.2 tons)
  3. Argentina (516.9 tons)
  4. Uruguay (244.3 tons)
  5. Chile (62.8 tons)
  6. South Korea (55.8 tons)
  7. Philippines (46.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the molluscs market in Peru. 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:

  • Peru

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Peru
  • 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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