Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh - 2022
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh (FOB) - 2022
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh (CIF) - 2022
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh (FOB) - 2022
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $7,385 per ton in 2022, leveling off at the previous year. Over the period under review, the export price saw a pronounced expansion. The growth pace was the most rapid in 2016 when the average export price increased by 72%. 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($7,509 per ton), while the average price for exports to Poland amounted to $4,416 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+20.5%), while the prices for the other major destinations experienced a decline.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh (CIF) - 2022
In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $2,589 per ton, growing by 37% against the previous year. In general, the import price, however, recorded a mild descent. The pace of growth was the most pronounced in 2017 an increase of 86%. As a result, import price attained the peak level of $4,748 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($10,455 per ton), while the price for Malaysia amounted to $1,213 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.8%), while the prices for the other major suppliers experienced a decline.
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh
In 2022, shipments abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by 0% to 5 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 97%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $37K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 92%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 33.6 | 0% |
| Poland | N/A | N/A | N/A | 2.5 | 0% |
| Germany | 6.9 | 13.3 | N/A | N/A | 92.8% |
| Others | N/A | N/A | N/A | 1.2 | 0% |
| Total | 6.9 | 13.3 | N/A | 37.3 | 75.5% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Bangladesh in 2022:
- Ukraine (4.5 tons)
- Poland (0.6 tons)
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh
In 2022, supplies from abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -94% to 752 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 845%. As a result, imports reached the peak of 12 tons, and then fell markedly in the following year.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds dropped remarkably to $1.9K in 2022. Over the period under review, imports, however, recorded a measured increase. The pace of growth was the most pronounced in 2021 when imports increased by 820% against the previous year. As a result, imports reached the peak of $24K, and then reduced sharply in the following year.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.3 | 0.7 | 2.9 | 1.2 | 58.7% |
| Malaysia | 1.4 | 0.9 | 1.3 | 0.8 | -17.0% |
| United Arab Emirates | N/A | N/A | 19.3 | N/A | 0% |
| Others | N/A | 0.9 | N/A | N/A | 0% |
| Total | 1.8 | 2.6 | 23.6 | 1.9 | 1.8% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Bangladesh in 2022:
- Malaysia (639.0 kg)
- South Korea (112.0 kg)
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