Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Azerbaijan - 2022

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Azerbaijan (CIF) - 2022
  2. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Azerbaijan

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Azerbaijan (CIF) - 2022

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $9,650 per ton, approximately reflecting the previous year. In general, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 8.1% against the previous year. The import price peaked at $12,071 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($14,760 per ton), while the price for Germany ($4,721 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+47.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Azerbaijan

In 2022, after two years of decline, there was significant decline in overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume decreased by -49.8% to 140 kg. Overall, imports continue to indicate a precipitous decline.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine fell rapidly to $1.4K in 2022. In general, imports saw a precipitous descent.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,463N/A780496-30.3%
Indonesia584N/A785369-14.2%
Germany837N/A524203-37.6%
Luxembourg371N/A339158-24.8%
Denmark314N/A274125-26.4%
China233N/AN/AN/A0%
India571N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4,373N/A2,7021,351-32.4%

Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Azerbaijan in 2022:

  1. Germany (43.0 kg)
  2. Russia (35.0 kg)
  3. Indonesia (25.0 kg)
  4. Denmark (20.0 kg)
  5. Luxembourg (17.0 kg)

Source: IndexBox Market Intelligence Platform

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