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

Contents:

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

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

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,684 per ton, dropping by -10.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the peak figure at $14,809 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($13,376 per ton), while the price for Belgium ($2,792 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+21.3%), 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 Ireland (FOB) - 2022

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $5,670 per ton, declining by -14.7% against the previous year. Over the period under review, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 9.3%. Over the period under review, the average export prices reached the maximum at $8,636 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($5,681 per ton), while the average price for exports to the UK totaled $5,670 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.5%), while the prices for the other major destinations experienced a decline.

Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ireland

In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds imported into Ireland skyrocketed to 236 tons, rising by 32% against the previous year's figure. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 190%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $1.1M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 99%. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Belgium (130.0 tons)
2. Malaysia (43.3 tons)
3. Italy (43.0 tons)
4. United Kingdom (11.0 tons)
5. Myanmar (3.8 tons)
6. China (3.6 tons)

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

In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds exported from Ireland soared to 7.6 tons, increasing by 102% on the year before. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 331% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds skyrocketed to $43K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 346% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. United Kingdom (7.4 tons)
2. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform