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

Contents:

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

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

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,945 per ton, approximately reflecting the previous year. Overall, the export price, however, recorded a resilient expansion. The growth pace was the most rapid in 2014 an increase of 59% against the previous year. Over the period under review, the average export prices hit record highs at $4,953 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +13.6% per year.

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

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $5,613 per ton, rising by 43% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 81% against the previous year. Over the period under review, average import prices hit record highs at $5,624 per ton in 2012; afterwards, it flattened through to 2022.

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 the UK ($7,145 per ton), while the price for the United Arab Emirates ($3,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+72.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -22.7% to 208 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. As a result, the exports reached the peak of 349 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds contracted rapidly to $1M in 2022. Overall, exports, however, saw resilient growth. The growth pace was the most rapid in 2020 with an increase of 124% against the previous year. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar5.610.31,3341,031468.9%
China532384N/AN/A-27.8%
Vietnam1381,332N/AN/A865.2%
Taiwan (Chinese)92.9N/AN/AN/A0%
Others0.5N/AN/AN/A0%
Total7691,7271,3341,03110.3%

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

  1. Qatar (208.4 tons)

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

In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds imported into Oman fell notably to 1.9 tons, reducing by -78.6% against the previous year's figure. Overall, imports saw a significant curtailment. The smallest decline of -56.7% was in 2021.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds contracted significantly to $10K in 2022. In general, imports showed a dramatic decline. The smallest decline of -44.7% was in 2020.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China62.130.126.77.6-50.4%
United Arab Emirates15.417.14.01.4-55.0%
United Kingdom4.85.41.30.5-52.9%
Germany1.92.80.80.5-35.9%
ThailandN/AN/A0.40.2-50.0%
India24.6N/AN/AN/A0%
Others2.96.30.90.2-59.0%
Total11261.734.110.4-54.7%

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

  1. China (1209.0 kg)
  2. United Arab Emirates (428.0 kg)
  3. Germany (90.0 kg)
  4. United Kingdom (69.0 kg)
  5. Thailand (32.0 kg)

Source: IndexBox Market Intelligence Platform

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