Price for Mollusc Preparations; Octopus, Prepared or Preserved in Estonia - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Estonia (CIF) - 2022
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Estonia (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Estonia
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Estonia
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Estonia (CIF) - 2022
The average import price for mollusc preparations; octopus, prepared or preserveds stood at $22,258 per ton in 2022, which is down by -14.3% against the previous year. Overall, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 102% against the previous year. Over the period under review, average import prices hit record highs at $25,971 per ton in 2021, and then reduced in the following year.
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 ($28,862 per ton), while the price for Latvia ($13,718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Estonia (FOB) - 2022
The average export price for mollusc preparations; octopus, prepared or preserveds stood at $34,624 per ton in 2022, picking up by 4.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices reached the peak figure at $36,675 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($37,667 per ton), while the average price for exports to Latvia stood at $34,449 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+0.7%).
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Estonia
In 2022, imports of mollusc preparations; octopus, prepared or preserveds into Estonia reduced modestly to 5.7 tons, which is down by -3.7% compared with 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of 6 tons, and then shrank modestly in the following year.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds declined markedly to $128K in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports reached the peak of $155K, and then fell remarkably in the following year.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 81.0 | 59.9 | 122 | 71.3 | -4.2% |
| Lithuania | 27.8 | 21.8 | 27.9 | 26.9 | -1.1% |
| Italy | 2.0 | 14.2 | N/A | 13.5 | 89.0% |
| Latvia | N/A | 1.6 | 0.2 | 7.0 | 109.2% |
| Netherlands | 0.5 | 4.1 | 4.1 | 5.8 | 126.4% |
| Ukraine | N/A | 4.1 | N/A | N/A | 0% |
| Others | 4.0 | N/A | 1.1 | 3.4 | -5.3% |
| Total | 115 | 106 | 155 | 128 | 3.6% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Estonia in 2022:
- Spain (2471.0 kg)
- Lithuania (1630.0 kg)
- Italy (806.0 kg)
- Latvia (511.0 kg)
- Netherlands (210.0 kg)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Estonia
In 2022, shipments abroad of mollusc preparations; octopus, prepared or preserveds increased by 117% to 1.1 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt descent.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds skyrocketed to $38K in 2022. In general, exports, however, recorded a abrupt curtailment.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 46.5 | 22.0 | 14.0 | 35.9 | -8.3% |
| Finland | 3.1 | 1.5 | 2.9 | 2.3 | -9.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 49.7 | 23.5 | 16.8 | 38.1 | -8.5% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Estonia in 2022:
- Latvia (1041.0 kg)
- Finland (60.0 kg)
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