Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium - 2023

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium (CIF) - 2023
  2. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium (FOB) - 2023
  3. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium
  4. Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium (CIF) - 2023

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $5,167 per ton in September 2023, shrinking by -6.2% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 72% month-to-month. As a result, import price reached the peak level of $8,213 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($7,486 per ton), while the price for China totaled $5,545 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium (FOB) - 2023

In September 2023, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $6,585 per ton, declining by -9.9% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +4.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 39% month-to-month. Over the period under review, the average export prices reached the peak figure at $7,415 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was Moldova ($3,518 per ton), while the average price for exports to Seychelles stood at $3,200 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.1%), 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 Belgium

In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Belgium expanded rapidly to 2.1K tons, surging by 10% on the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $8.9M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 76%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2,8542,2484,4504,78318.8%
Netherlands5935651,3441,24027.9%
Italy22629273187056.7%
France8601,0431,138710-6.2%
Vietnam53.0116253589123.2%
Denmark69.275.319529061.2%
Germany2282302362523.4%
Others20.019148.814593.5%
Total4,9044,7628,3968,87921.9%

Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Belgium in 2022:

  1. Spain (1438.4 tons)
  2. Netherlands (181.5 tons)
  3. France (139.3 tons)
  4. Italy (106.7 tons)
  5. Vietnam (87.3 tons)
  6. Germany (46.7 tons)
  7. Denmark (41.4 tons)

Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium

In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds exported from Belgium expanded modestly to 749 tons, surging by 3.2% against the previous year's figure. Overall, total exports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 +77.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 72%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds reached $3.8M in 2022. Over the period under review, exports, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2021 when exports increased by 83%.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2,238735676893-26.4%
United Kingdom3.63.4803865521.7%
Germany7054749107873.7%
France2321412002695.1%
Luxembourg1931841922133.3%
Switzerland63.357.397.812425.1%
Poland12158.379.192.2-8.7%
Finland43.48.042.557.39.7%
Lithuania11815288.650.0-24.9%
Others4062076024775.5%
Total4,1232,0203,6903,827-2.5%

Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Belgium in 2022:

  1. Netherlands (186.6 tons)
  2. Germany (173.1 tons)
  3. United Kingdom (147.9 tons)
  4. France (54.0 tons)
  5. Switzerland (36.4 tons)
  6. Luxembourg (35.7 tons)
  7. Finland (17.2 tons)
  8. Poland (13.9 tons)
  9. Lithuania (6.8 tons)

Source: IndexBox Market Intelligence Platform

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