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

Contents:

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

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

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,673 per ton, reducing by -8.1% against the previous year. Over the period under review, the import price saw a pronounced descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $7,416 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($17,454 per ton), while the price for the United States ($2,617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the prices for the other major suppliers experienced a decline.

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

In 2021, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $5,100 per ton, picking up by 276% against the previous year. In general, the export price saw a slight expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2021, the rate of growth in terms of prices for the United States amounted to +1.0% per year.

Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the Dominican Republic

In 2022, approx. 20 tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were imported into the Dominican Republic; jumping by 252% on 2021 figures. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $94K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.04.75.337.5110.9%
Peru12.75.113.329.232.0%
Spain7.93.54.717.831.1%
United States1.41.32.17.272.6%
Germany8.62.53.21.6-42.9%
Others0.41.00.40.614.5%
Total34.918.129.093.939.1%

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

  1. Peru (8.8 tons)
  2. China (7.2 tons)
  3. United States (2.8 tons)
  4. Spain (1.0 tons)
  5. Germany (0.2 tons)

Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the Dominican Republic

In 2021, after two years of growth, there was significant decline in shipments abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds, when their volume decreased by -11.1% to 40 kg. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 800%. As a result, the exports attained the peak of 45 kg, and then shrank in the following year.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $204 in 2021. Overall, exports, however, saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the Dominican Republic (USD)
COUNTRY201920202021CAGR,
2019-2021
United States25.024.0204185.7%
HaitiN/A37.0N/A0%
OthersN/AN/AN/A0%
Total25.061.0204185.7%

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

  1. United States (40.0 kg)

Source: IndexBox Market Intelligence Platform

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