Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK - 2024
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK (CIF) - 2024
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK (FOB) - 2022
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK (CIF) - 2024
The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $5,903 per ton in August 2023, waning by -6.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 16% month-to-month. The import price peaked at $6,412 per ton in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Myanmar ($8,261 per ton), while the price for Malaysia ($4,994 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by India (+5.9%), 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 the UK (FOB) - 2022
In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $7,221 per ton, picking up by 12% against the previous year. In general, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 26%. The export price peaked at $14,109 per ton in 2012; however, from 2013 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 France ($11,041 per ton), while the average price for exports to China ($5,834 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 the Netherlands (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK
In 2022, approx. 4.4K tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were imported into the UK; picking up by 70% against the previous year's figure. In general, imports saw a temperate increase. 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 skyrocketed to $26M in 2022. Over the period under review, imports enjoyed a strong increase. As a result, imports reached 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 UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 1.4 | 2.3 | 7.2 | 58.7% |
| Malaysia | 5.4 | 4.4 | 7.3 | 6.5 | 6.4% |
| Vietnam | 2.8 | 1.5 | 1.3 | 3.6 | 8.7% |
| Spain | 1.7 | 0.7 | 0.2 | 3.1 | 22.2% |
| India | 1.3 | 1.2 | 1.8 | 2.5 | 24.4% |
| Peru | N/A | N/A | N/A | 1.4 | 0% |
| Myanmar | 0.5 | 0.2 | 0.2 | 0.8 | 17.0% |
| Belgium | N/A | 0.2 | 1.6 | 0.1 | -29.3% |
| Germany | 2.9 | 0.8 | 0.5 | N/A | -58.5% |
| Others | 1.6 | 1.1 | 1.1 | 1.0 | -14.5% |
| Total | 18.0 | 11.6 | 16.2 | 26.2 | 13.3% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to the UK in 2022:
- China (1326.5 tons)
- Malaysia (985.8 tons)
- Spain (660.7 tons)
- Vietnam (500.8 tons)
- India (359.7 tons)
- Peru (271.6 tons)
- Myanmar (113.4 tons)
- Belgium (16.0 tons)
- Germany (2.9 tons)
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK
In 2022, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from the UK contracted dramatically to 125 tons, waning by -19.2% against the previous year. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 101%. As a result, the exports reached the peak of 155 tons, and then contracted remarkably in the following year.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds fell to $904K in 2022. In general, exports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. As a result, the exports reached the peak of $999K, and then reduced in the following year.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.7 | 0.6 | 405 | 489 | 247.0% |
| Ireland | 673 | 440 | 324 | 233 | -29.8% |
| China | N/A | 19.7 | N/A | 84.9 | 107.6% |
| France | 163 | 119 | 247 | 59.3 | -28.6% |
| Others | 111 | 58.6 | 22.5 | 38.6 | -29.7% |
| Total | 959 | 639 | 999 | 904 | -1.9% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from the UK in 2022:
- Netherlands (63.9 tons)
- Ireland (35.0 tons)
- China (14.6 tons)
- France (5.4 tons)
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