Price for Mollusc Preparations; Octopus, Prepared or Preserved in Brazil - 2024

Contents:

1. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Brazil (CIF) - 2022
2. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Brazil (FOB) - 2022
3. Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Brazil
4. Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Brazil

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Brazil (CIF) - 2022

In 2022, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $33,105 per ton, increasing by 46% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 62%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($34,623 per ton), while the price for Portugal totaled $13,833 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.3%).

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Brazil (FOB) - 2022

In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $11,355 per ton, rising by 44% against the previous year. In general, export price indicated a remarkable increase from 2018 to 2022: its price increased at an average annual rate of +6.8% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for mollusc preparations; octopus, prepared or preserveds increased by +93.0% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($17,450 per ton), while the average price for exports to Cyprus ($8,385 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+102.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Brazil

In 2022, the amount of mollusc preparations; octopus, prepared or preserveds imported into Brazil fell notably to 2 tons, declining by -60% against 2021. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 795% against the previous year. As a result, imports attained the peak of 5 tons, and then fell dramatically in the following year.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds shrank notably to $66K in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 903%. As a result, imports attained the peak of $113K, and then plummeted in the following year.

Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Brazil in 2022:

1. Spain (1842.0 kg)
2. Portugal (144.0 kg)

Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Brazil

For the fourth year in a row, Brazil recorded growth in shipments abroad of mollusc preparations; octopus, prepared or preserveds, which increased by 6.2% to 425 kg in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 94% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds soared to $4.8K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Brazil in 2022:

1. Malta (108.0 kg)
2. Marshall Islands (71.0 kg)
3. Liberia (50.0 kg)
4. Panama (41.0 kg)
5. Bahamas (40.0 kg)
6. Italy (30.0 kg)
7. Norway (28.0 kg)
8. Greece (20.0 kg)
9. Cyprus (13.0 kg)
10. Singapore (12.0 kg)

Source: IndexBox Market Intelligence Platform