Price for Mollusc Preparations; Octopus, Prepared or Preserved in France - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in France (CIF) - 2023
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in France (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in France
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in France
Price for Mollusc Preparations; Octopus, Prepared or Preserved in France (CIF) - 2023
In September 2023, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $18,819 per ton, declining by -6.6% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 16% m-o-m. The import price peaked at $20,147 per ton in August 2023, and then contracted in the following month.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Madagascar ($11,791 per ton), while the price for Vietnam stood at $7,919 per ton.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Portugal (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in France (FOB) - 2022
In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $16,111 per ton, with a decrease of -22.2% against the previous year. Over the period under review, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 74% against the previous year. The export price peaked at $21,241 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($29,106 per ton), while the average price for exports to New Caledonia ($9,314 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 Finland (+258.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in France
In 2022, the amount of mollusc preparations; octopus, prepared or preserveds imported into France contracted to 619 tons, dropping by -11.7% on 2021. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds contracted to $10M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $11M, and then shrank in the following year.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5,648 | 4,715 | 6,675 | 6,419 | 4.4% |
| Spain | 1,565 | 1,538 | 2,579 | 2,475 | 16.5% |
| Portugal | 394 | 254 | 446 | 330 | -5.7% |
| Madagascar | 224 | 393 | 55.7 | 157 | -11.2% |
| Belgium | 201 | 166 | 97.6 | 131 | -13.3% |
| Indonesia | 106 | 63.6 | 60.5 | 126 | 5.9% |
| Netherlands | 35.1 | 47.3 | 109 | 120 | 50.6% |
| China | 3.8 | N/A | 77.5 | 116 | 212.5% |
| Vietnam | 85.1 | 131 | 42.3 | 72.7 | -5.1% |
| Greece | 134 | 143 | 568 | N/A | 105.9% |
| Others | 287 | 174 | 392 | 133 | -22.6% |
| Total | 8,684 | 7,624 | 11,103 | 10,080 | 5.1% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to France in 2022:
- Italy (389.1 tons)
- Spain (114.8 tons)
- Portugal (40.3 tons)
- Madagascar (15.5 tons)
- Netherlands (13.6 tons)
- Indonesia (10.5 tons)
- China (10.0 tons)
- Vietnam (9.0 tons)
- Belgium (8.8 tons)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in France
In 2022, overseas shipments of mollusc preparations; octopus, prepared or preserveds were finally on the rise to reach 48 tons after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds totaled $772K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.2 | 10.9 | 269 | 198 | 261.2% |
| Belgium | 95.8 | 164 | 177 | 148 | 15.6% |
| Switzerland | 69.5 | 20.1 | 35.5 | 124 | 21.3% |
| Luxembourg | 5.7 | 27.5 | 63.3 | 63.0 | 122.8% |
| Germany | 8.3 | 7.7 | 9.1 | 59.7 | 93.0% |
| New Caledonia | 70.5 | 91.2 | 65.6 | 50.2 | -10.7% |
| United States | N/A | N/A | 9.8 | 37.6 | 283.7% |
| Italy | 48.8 | 5.0 | 8.6 | 18.1 | -28.2% |
| Spain | 24.5 | 16.9 | 19.2 | 15.8 | -13.6% |
| Singapore | 9.1 | 36.3 | 46.3 | 1.4 | -46.4% |
| Netherlands | 120 | 1.0 | 0.4 | 0.1 | -90.6% |
| Finland | 45.1 | 0.2 | N/A | N/A | -99.6% |
| Canada | 0.4 | 46.4 | N/A | N/A | 11500.0% |
| Others | 68.1 | 57.8 | 65.4 | 56.4 | -6.1% |
| Total | 570 | 485 | 769 | 772 | 10.6% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from France in 2022:
- Belgium (13.7 tons)
- United Kingdom (8.2 tons)
- Switzerland (6.0 tons)
- New Caledonia (5.4 tons)
- Germany (3.6 tons)
- Luxembourg (2.9 tons)
- United States (2.8 tons)
- Italy (1.9 tons)
- Spain (0.8 tons)
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