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

Contents:

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

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

In September 2023, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,395 per ton, remaining relatively unchanged against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 6.9% month-to-month. As a result, import price reached the peak level of $4,423 per ton; afterwards, it flattened through to September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Indonesia ($16,060 per ton), while the price for Peru ($4,465 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Peru (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In September 2023, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $8,036 per ton, increasing by 2.5% against the previous month. Over the last nine months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2023 an increase of 11% against the previous month. The export price peaked in September 2023.

Average prices varied somewhat for the major export markets. In September 2023, the countries with the highest prices were Switzerland ($8,938 per ton) and French Polynesia ($7,878 per ton), while the average price for exports to the UK ($6,056 per ton) and the United Arab Emirates ($6,409 per ton) were amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.3%), 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 France

In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into France surged to 13K tons, increasing by 16% against the previous year's figure. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.1% 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 +51.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $47M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain28.129.131.337.29.8%
Peru1.00.71.12.026.0%
Germany1.51.52.21.98.2%
Italy2.01.21.61.6-7.2%
Others5.83.14.64.8-6.1%
Total38.435.640.747.57.3%

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

  1. Spain (11.5K tons)
  2. Germany (0.4K tons)
  3. Peru (0.4K tons)
  4. Italy (0.2K tons)

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

Exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from France rose to 2.7K tons in 2022, with an increase of 4.8% against 2021 figures. Over the period under review, exports, however, saw a mild decline.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds contracted to $18M in 2022. Overall, exports, however, continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $22M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.814.210.010.1-5.1%
Austria1.82.32.41.91.8%
Switzerland1.41.81.71.52.3%
Romania0.30.20.50.944.2%
Belgium0.91.01.20.90.0%
Italy2.31.31.00.7-32.7%
United Kingdom0.20.21.00.644.2%
Others1.31.21.61.42.5%
Total20.022.219.418.0-3.5%

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

  1. Germany (1496.6 tons)
  2. Austria (221.4 tons)
  3. Switzerland (184.5 tons)
  4. Belgium (180.3 tons)
  5. Romania (177.2 tons)
  6. Italy (153.1 tons)
  7. United Kingdom (89.6 tons)

Source: IndexBox Market Intelligence Platform

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