Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Serbia - 2024

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Serbia (CIF) - 2024
  2. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Serbia (FOB) - 2022
  3. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Serbia
  4. Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Serbia

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Serbia (CIF) - 2024

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $3,209 per ton in September 2023, shrinking by -6.6% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 31% against the previous month. As a result, import price reached the peak level of $4,385 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Croatia ($5,565 per ton), while the price for Poland ($2,631 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), 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 Serbia (FOB) - 2022

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $5,177 per ton, rising by 102% against the previous year. Overall, the export price saw a pronounced increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($5,859 per ton), while the average price for exports to North Macedonia amounted to $3,388 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+4.1%), while the prices for the other major destinations experienced a decline.

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

Imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Serbia expanded to 475 tons in 2022, growing by 1.7% against the previous year. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds totaled $1.4M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain70876595194710.2%
Estonia35576.8229256-10.3%
PolandN/A34.640.244.112.9%
PeruN/A37.212.834.8-3.3%
Others74.487.767.669.0-2.5%
Total1,1371,0011,3001,3515.9%

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

  1. Spain (371.2 tons)
  2. Estonia (62.5 tons)
  3. Poland (16.9 tons)
  4. Peru (14.3 tons)

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

Exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from Serbia shrank markedly to 1.5 tons in 2022, reducing by -80.6% on the year before. Overall, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports attained the peak of 7.9 tons, and then reduced rapidly in the following year.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds dropped sharply to $7.9K in 2022. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 39%. As a result, the exports reached the peak of $20K, and then shrank notably in the following year.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro3.33.55.06.525.4%
North Macedonia14.211.015.11.4-53.8%
OthersN/AN/AN/AN/A0%
Total17.514.520.27.9-23.3%

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

  1. Montenegro (1102.0 kg)
  2. North Macedonia (420.0 kg)

Source: IndexBox Market Intelligence Platform

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