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

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Belarus (CIF) - 2022
  2. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Belarus (FOB) - 2022
  3. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Belarus
  4. Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Belarus

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

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $12,250 per ton in 2022, approximately reflecting the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 115% against the previous year. Over the period under review, average import prices reached the maximum at $12,402 per ton in 2021, and then contracted slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($11,450 per ton), while the price for India totaled $10,210 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.9%).

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

In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $5,917 per ton, increasing by 1.7% against the previous year. Overall, the export price, however, showed a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 31% against the previous year. The export price peaked at $10,463 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -5.5% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume decreased by -7.9% to 1 tons. The total import volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23%.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine contracted to $13K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +42.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28%.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam8.110.312.311.111.1%
India0.40.50.70.614.5%
Others0.50.71.11.130.1%
Total9.011.614.112.812.5%

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

  1. Vietnam (966.0 kg)
  2. India (62.0 kg)

Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Belarus

In 2022, shipments abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine was finally on the rise to reach 24 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt curtailment.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine rose remarkably to $142 in 2022. Overall, exports, however, saw a drastic downturn.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia189156128142-9.1%
OthersN/AN/AN/AN/A0%
Total189156128142-9.1%

Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Belarus in 2022:

  1. Russia (24.0 kg)

Source: IndexBox Market Intelligence Platform

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