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

Contents:

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

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

The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $4,039 per ton in 2022, with an increase of 48% against the previous year. In general, the export price enjoyed prominent growth. The growth pace was the most rapid in 2016 an increase of 89% against the previous year. The export price peaked at $4,835 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,263 per ton), while the average price for exports to Spain ($2,691 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 Spain (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $2,544 per ton in 2022, shrinking by -12% against the previous year. In general, the import price saw a deep slump. The growth pace was the most rapid in 2019 an increase of 19% against the previous year. The import price peaked at $16,829 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($12,580 per ton), while the price for the United States ($2,241 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 40K tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were exported from Peru; which is down by -29.7% on the previous year. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 6.3%.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds rose modestly to $163M in 2022. Overall, exports recorded a abrupt decline.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea88.884.348.083.4-2.1%
China11550.564.236.9-31.5%
United States4.87.09.810.730.6%
Japan19.012.72.57.0-28.3%
Italy3.64.19.25.817.2%
Russia13.27.06.75.3-26.2%
Spain7.37.55.24.6-14.3%
Others10.811.011.79.8-3.2%
Total262184157163-14.6%

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

  1. South Korea (18.7K tons)
  2. China (11.5K tons)
  3. United States (2.0K tons)
  4. Russia (1.7K tons)
  5. Spain (1.7K tons)
  6. Japan (1.6K tons)
  7. Italy (1.2K tons)

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

In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Peru soared to 33 tons, picking up by 52% on the year before. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 101%. Over the period under review, imports of hit record highs 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 $83K in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.50.145.865.4252.0%
Spain23.154.314.915.7-12.1%
China9.28.71.52.0-39.9%
South Korea4.41.2N/AN/A-72.7%
OthersN/A1.6N/AN/A0%
Total38.265.962.383.029.5%

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

  1. United States (29.2 tons)
  2. Spain (3.3 tons)
  3. China (0.2 tons)

Source: IndexBox Market Intelligence Platform

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