Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic (CIF) - 2022
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic
Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic (CIF) - 2022
The average import price for mollusc preparations; octopus, prepared or preserveds stood at $13,153 per ton in 2022, with an increase of 59% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $14,642 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15,315 per ton), while the price for Portugal ($8,867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic (FOB) - 2022
In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $4,440 per ton, which is down by -31.7% against the previous year. In general, the export price continues to indicate a dramatic slump. The export price peaked at $6,500 per ton in 2021, and then contracted markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2021 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic
In 2022, the amount of mollusc preparations; octopus, prepared or preserveds imported into the Dominican Republic surged to 15 tons, picking up by 81% on the previous year's figure. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 460%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds skyrocketed to $201K in 2022. Over the period under review, imports recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 275%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 78.8 | 11.5 | 56.3 | 100 | 8.3% |
| Philippines | N/A | N/A | N/A | 60.4 | 0% |
| United States | 29.8 | 3.6 | 10.6 | 34.2 | 4.7% |
| Germany | 10.0 | 1.0 | 1.9 | 3.3 | -30.9% |
| China | 4.9 | N/A | N/A | N/A | 0% |
| Others | 1.2 | 2.5 | 1.1 | 3.2 | 38.7% |
| Total | 125 | 18.7 | 69.9 | 201 | 17.2% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to the Dominican Republic in 2022:
- Spain (6.7 tons)
- Philippines (5.9 tons)
- United States (2.2 tons)
- Germany (0.3 tons)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic
Exports of mollusc preparations; octopus, prepared or preserveds from the Dominican Republic surged to 25 kg in 2022, jumping by 150% on the year before. In general, exports showed a significant increase. 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 soared to $111 in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Germany | N/A | 111 | 0% | ||
| United States | 65.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 65.0 | 111 | 70.8% | ||
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from the Dominican Republic in 2022:
- Germany (25.0 kg)
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