Price for Mollusc Preparations; Octopus, Prepared or Preserved in the UK - 2024
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in the UK (CIF) - 2022
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in the UK (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in the UK
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in the UK
Price for Mollusc Preparations; Octopus, Prepared or Preserved in the UK (CIF) - 2022
In 2022, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $21,146 per ton, increasing by 19% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; octopus, prepared or preserveds increased by +108.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($28,860 per ton), while the price for Greece ($10,535 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in the UK (FOB) - 2022
The average export price for mollusc preparations; octopus, prepared or preserveds stood at $10,503 per ton in 2022, jumping by 25% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 179% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($10,538 per ton), while the average price for exports to Ireland stood at $9,105 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in the UK
After three years of growth, supplies from abroad of mollusc preparations; octopus, prepared or preserveds decreased by -4.9% to 194 tons in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 108% against the previous year. As a result, imports reached the peak of 204 tons, and then contracted in the following year.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds rose sharply to $4.1M in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 134%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 611 | 477 | 696 | 2,463 | 59.2% |
| Italy | 407 | 742 | 796 | 1,058 | 37.5% |
| Portugal | N/A | 28.3 | 0.2 | 130 | 114.3% |
| China | N/A | 5.1 | 8.4 | 126 | 397.1% |
| Vietnam | N/A | N/A | N/A | 87.2 | 0% |
| Greece | 218 | 214 | 120 | 83.3 | -27.4% |
| Belgium | N/A | 18.1 | 1,930 | 3.4 | -56.7% |
| Others | 90.6 | 67.7 | 74.0 | 153 | 19.1% |
| Total | 1,326 | 1,551 | 3,625 | 4,104 | 45.7% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to the UK in 2022:
- Spain (101.1 tons)
- Italy (64.3 tons)
- Greece (7.9 tons)
- China (5.5 tons)
- Portugal (4.9 tons)
- Vietnam (3.4 tons)
- Belgium (0.2 tons)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in the UK
After two years of decline, shipments abroad of mollusc preparations; octopus, prepared or preserveds increased by 33% to 766 kg in 2022. Overall, exports, however, saw a dramatic slump.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds skyrocketed to $8K in 2022. Over the period under review, exports, however, recorded a sharp downturn.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.4 | N/A | N/A | 7.9 | 170.3% |
| Ireland | 9.1 | 4.4 | N/A | 0.2 | -72.0% |
| Spain | 67.9 | N/A | N/A | N/A | 0% |
| Greece | 454 | 383 | N/A | N/A | -15.6% |
| Others | 3.4 | 1.1 | 4.8 | N/A | 18.8% |
| Total | 535 | 388 | 4.8 | 8.0 | -75.4% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from the UK in 2022:
- Netherlands (747.0 kg)
- Ireland (19.0 kg)
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