Price for Mollusc Preparations; Octopus, Prepared or Preserved in Venezuela - 2022

Contents:

  1. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Venezuela (CIF) - 2022
  2. Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Venezuela

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

The average import price for mollusc preparations; octopus, prepared or preserveds stood at $8,467 per ton in 2022, reducing by -47.3% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2017 an increase of 44% against the previous year. The import price peaked at $19,929 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 Spain ($18,761 per ton), while the price for the United States ($5,267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.1%), while the prices for the other major suppliers experienced a decline.

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

For the fourth consecutive year, Venezuela recorded growth in overseas purchases of mollusc preparations; octopus, prepared or preserveds, which increased by 295% to 2.6 tons in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 445% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds soared to $22K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 270% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Mollusc Preparations; Octopus, Prepared or Preserved in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A9.60%
Spain0.32.29.69.6217.5%
Taiwan (Chinese)0.81.90.92.546.2%
OthersN/AN/AN/AN/A0%
Total1.14.110.421.7170.2%

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

  1. United States (1814.0 kg)
  2. Spain (514.0 kg)
  3. Taiwan (Chinese) (233.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Mollusc preparations; octopus, prepared or preserved - Venezuela