Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Chile - 2023

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Chile (CIF) - 2023
  2. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Chile (FOB) - 2022
  3. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Chile
  4. Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Chile

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Chile (CIF) - 2023

In April 2023, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $8,180 per ton, approximately mirroring the previous month. Over the period under review, the import price showed a abrupt shrinkage. As a result, import price reached the peak level of $14,129 per ton. From November 2022 to April 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Venezuela.

From October 2022 to April 2023, the rate of growth in terms of prices for Venezuela amounted to 0.0% per month.

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

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $31,123 per ton in 2022, dropping by -5.1% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. Over the period under review, the average export prices attained the peak figure at $33,411 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($79,756 per ton), while the average price for exports to Greece ($5,744 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 Colombia (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine imported into Chile fell remarkably to 573 kg, reducing by -36.2% on the previous year's figure. In general, imports showed a precipitous setback.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine shrank notably to $3K in 2022. Over the period under review, imports saw a dramatic descent. The smallest decline of -28% was in 2021.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.1N/AN/A3.0210.7%
Peru28.07.75.6N/A-55.3%
United States0.90.20.1N/A-66.7%
Others0.30.1N/AN/A-66.7%
Total29.38.05.83.0-53.2%

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

  1. South Korea (573.0 kg)

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

In 2022, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine from Chile shrank slightly to 1.4 tons, with a decrease of -2.5% against the previous year. Overall, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 5.2%.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine declined to $43K in 2022. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain26.116.717.615.5-15.9%
Portugal19.513.114.413.2-12.2%
Colombia4.01.13.83.6-3.5%
France3.02.22.82.9-1.1%
Greece0.60.30.30.2-30.7%
Others9.55.67.07.1-9.3%
Total62.839.145.942.5-12.2%

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

  1. Spain (694.0 kg)
  2. Portugal (272.0 kg)
  3. France (233.0 kg)
  4. Colombia (45.0 kg)
  5. Greece (39.0 kg)

Source: IndexBox Market Intelligence Platform

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