Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador - 2022

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador (CIF) - 2022
  2. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador (FOB) - 2022
  3. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador
  4. Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador (CIF) - 2022

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $6,234 per ton in 2022, growing by 43% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -31.2% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 46% against the previous year. As a result, import price reached the peak level of $9,066 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,523 per ton), while the price for Spain stood at $5,563 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.2%).

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador (FOB) - 2022

The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $6,734 per ton in 2022, surging by 7.2% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 50%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($30,455 per ton), while the average price for exports to the United States ($5,384 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+87.9%), 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 Ecuador

In 2022, approx. 8.5 tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were imported into Ecuador; reducing by -31.9% compared with 2021. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 242% against the previous year.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds reduced slightly to $53K in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 128% against the previous year.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6.221.244.039.385.1%
United States0.52.710.513.7201.5%
Peru69.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total76.423.954.553.0-11.5%

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

  1. Spain (7.1 tons)
  2. United States (1.4 tons)

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

For the third year in a row, Ecuador recorded decline in overseas shipments of mollusc preparations; cuttle fish and squid, prepared or preserveds, which decreased by -80.5% to 1.5 tons in 2022. Over the period under review, exports showed a sharp shrinkage. The smallest decline of -38.1% was in 2020.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds reduced sharply to $10K in 2022. Overall, exports saw a sharp downturn. The smallest decline of -29.8% was in 2020.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11683.820.17.8-59.3%
SlovakiaN/AN/A3.81.5-60.5%
Czech RepublicN/AN/A12.61.0-92.1%
France6.7N/AN/AN/A0%
ItalyN/AN/A12.5N/A0%
OthersN/A2.10.40.1-78.2%
Total12386.049.410.3-56.3%

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

  1. United States (1441.0 kg)
  2. Slovakia (50.0 kg)
  3. Czech Republic (33.0 kg)

Source: IndexBox Market Intelligence Platform

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