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

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Switzerland (CIF) - 2024
  2. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Switzerland

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

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $7,301 per ton in September 2023, which is down by -8.2% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 24% m-o-m. As a result, import price reached the peak level of $8,979 per ton. From April 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 China ($15,385 per ton), while the price for Spain ($5,768 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 Vietnam (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -6.6% to 658 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds shrank to $4.7M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, imports reached the peak of $5.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,3211,4481,5491,3711.2%
Spain1,1101,5611,7161,3466.6%
Italy8281,048747689-5.9%
Vietnam20449233355039.2%
Portugal259261279183-10.9%
Germany24930282.0118-22.0%
Belgium55.964.399.393.218.6%
Others446219431319-10.6%
Total4,4745,3955,2364,6701.4%

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

  1. Spain (238.4 tons)
  2. France (169.5 tons)
  3. Vietnam (81.7 tons)
  4. Italy (58.7 tons)
  5. Belgium (29.0 tons)
  6. Portugal (25.6 tons)
  7. Germany (20.0 tons)

Source: IndexBox Market Intelligence Platform

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