Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Colombia - 2022
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Colombia (CIF) - 2022
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Colombia
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Colombia (CIF) - 2022
In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $5,927 per ton, with a decrease of -23.7% against the previous year. Over the period under review, the import price showed a slight decline. The growth pace was the most rapid in 2017 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $8,291 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($13,452 per ton), while the price for the United States ($1,612 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Colombia
In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds imported into Colombia skyrocketed to 32 tons, jumping by 27% compared with 2021. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.1% 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 +91.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds dropped modestly to $191K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of $197K, and then fell in the following year.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 30.0 | 69.5 | 75.4 | 88.0 | 43.1% |
| Spain | 66.8 | 58.7 | 101 | 58.9 | -4.1% |
| China | 1.3 | 2.1 | 5.9 | 20.1 | 149.1% |
| United States | 6.2 | 5.3 | 7.9 | 14.2 | 31.8% |
| Chile | 10.3 | 4.9 | 5.1 | 6.4 | -14.7% |
| Others | 3.1 | 1.0 | 2.1 | 3.2 | 1.1% |
| Total | 118 | 142 | 197 | 191 | 17.4% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Colombia in 2022:
- Peru (13.7 tons)
- United States (8.8 tons)
- Spain (4.8 tons)
- China (4.2 tons)
- Chile (0.5 tons)
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