Price for Mollusc Preparations; Octopus, Prepared or Preserved in India - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in India (FOB) - 2022
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in India
Price for Mollusc Preparations; Octopus, Prepared or Preserved in India (FOB) - 2022
The average export price for mollusc preparations; octopus, prepared or preserveds stood at $3,496 per ton in 2022, increasing by 29% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable downturn. Over the period under review, the average export prices reached the peak figure at $4,399 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($7,304 per ton), while the average price for exports to China ($1,160 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.8%), while the prices for the other major destinations experienced a decline.
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in India
Exports of mollusc preparations; octopus, prepared or preserveds from India surged to 84 tons in 2022, with an increase of 217% compared with the previous year's figure. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds surged to $294K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.5 | 3.6 | 16.9 | 121 | 225.8% |
| Canada | 16.6 | 15.1 | 22.3 | 109 | 87.3% |
| United States | 4.8 | 6.5 | 18.5 | 32.4 | 89.0% |
| France | 2.9 | 4.1 | 10.4 | 21.4 | 94.7% |
| China | N/A | N/A | N/A | 4.4 | 0% |
| Italy | 1.5 | 1.0 | 0.6 | 3.9 | 37.5% |
| Others | 1.0 | 1.5 | 2.9 | 1.7 | 19.3% |
| Total | 30.2 | 31.8 | 71.6 | 294 | 113.5% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from India in 2022:
- Vietnam (49.8 tons)
- Canada (14.9 tons)
- United States (10.8 tons)
- China (3.8 tons)
- France (3.3 tons)
- Italy (1.2 tons)
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