Price for Mollusc Preparations; Octopus, Prepared or Preserved in Poland - 2023

Contents:

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

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

The average import price for mollusc preparations; octopus, prepared or preserveds stood at $18,726 per ton in 2022, growing by 25% against the previous year. In general, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 124% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($26,729 per ton), while the price for Portugal ($6,524 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $26,922 per ton, which is down by -4.5% against the previous year. In general, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 370%. Over the period under review, the average export prices hit record highs at $28,203 per ton in 2021, and then dropped in the following year.

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 Lithuania ($29,316 per ton), while the average price for exports to the Czech Republic ($8,092 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 the Czech Republic (+51.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of mollusc preparations; octopus, prepared or preserveds decreased by -4.4% to 18 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 49%.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds surged to $340K in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Italy (7.8 tons)
2. Spain (5.7 tons)
3. Portugal (2.3 tons)
4. Netherlands (1.9 tons)
5. Belarus (0.4 tons)

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

In 2022, approx. 1.7 tons of mollusc preparations; octopus, prepared or preserveds were exported from Poland; declining by -68% compared with the previous year. Overall, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 3,393% against the previous year.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds shrank notably to $45K in 2022. Over the period under review, exports saw a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 8,319% against the previous year. As a result, the exports reached the peak of $148K, and then declined remarkably in the following year.

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

1. Lithuania (1465.0 kg)
2. Czech Republic (153.0 kg)
3. Netherlands (42.0 kg)
4. Slovenia (14.0 kg)

Source: IndexBox Market Intelligence Platform