Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Brazil - 2024

Contents:

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

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

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $7,426 per ton in 2022, picking up by 18% against the previous year. Overall, the export price continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 36%. The export price peaked at $12,132 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($7,465 per ton), while the average price for exports to Portugal ($3,663 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $10,297 per ton in 2022, almost unchanged from the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. Over the period under review, average import prices attained the peak figure at $11,794 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Chile ($46,313 per ton), while the price for Portugal ($8,336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+21.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume decreased by -58.6% to 56 tons. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 100,564%. As a result, the exports reached the peak of 136 tons, and then dropped sharply in the following year.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine fell markedly to $417K in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 70,859% against the previous year. As a result, the exports attained the peak of $859K, and then fell dramatically in the following year.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.90.9588253555.1%
South Korea0.30.2221163716.0%
Others0.10.149.71.5146.6%
Total1.41.2859417567.8%

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

  1. United States (34.2 tons)
  2. South Korea (21.8 tons)

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

In 2022, approx. 4.5 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were imported into Brazil; approximately mirroring 2021. Overall, imports continue to indicate a sharp setback. The smallest decline of 99.9% was in 2021.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $46K in 2022. Over the period under review, imports faced a significant curtailment. The smallest decline of 99.9% was in 2021.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Brazil (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Portugal58.2N/A29.8-28.4%
Spain21.1N/A9.0-34.7%
Chile13.1N/A7.4-24.8%
OthersN/AN/AN/A0%
Total92.4N/A46.2-29.3%

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

  1. Portugal (3.6 tons)
  2. Spain (0.8 tons)
  3. Chile (0.2 tons)

Source: IndexBox Market Intelligence Platform

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