Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia - 2022
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia (CIF) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia (FOB) - 2022
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $6,881 per ton, reducing by -1.6% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine increased by +2.6% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 33%. Over the period under review, average import prices attained the maximum at $8,164 per ton in 2018; however, from 2019 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 Peru ($9,368 per ton), while the price for China ($3,150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $4,240 per ton, dropping by -13.3% against the previous year. In general, the export price saw a noticeable curtailment. The growth pace was the most rapid in 2021 an increase of 50% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,547 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to -4.3% per year.
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia
In 2022, the amount of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine imported into Colombia contracted markedly to 144 tons, with a decrease of -17% on the previous year. In general, imports faced a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 51%.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine dropped significantly to $994K in 2022. Over the period under review, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 58%.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2,473 | 425 | 503 | 458 | -43.0% |
| Chile | 661 | 102 | 323 | 232 | -29.5% |
| Vietnam | 201 | 29.5 | 145 | 104 | -19.7% |
| Peru | 184 | 74.5 | 85.3 | 66.3 | -28.8% |
| China | 161 | 31.6 | 55.6 | 40.0 | -37.1% |
| Philippines | 142 | 46.1 | 37.0 | 33.7 | -38.1% |
| Indonesia | 129 | 44.3 | 43.0 | 30.9 | -37.9% |
| India | 116 | 4.5 | 2.9 | 12.7 | -52.2% |
| United States | 49.2 | 2.6 | 12.2 | 8.8 | -43.7% |
| Others | 55.8 | 11.3 | 10.1 | 7.4 | -49.0% |
| Total | 4,173 | 771 | 1,216 | 994 | -38.0% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Colombia in 2022:
- Mexico (64.9 tons)
- Chile (26.5 tons)
- Vietnam (16.1 tons)
- China (12.7 tons)
- Peru (7.1 tons)
- Philippines (6.8 tons)
- Indonesia (6.1 tons)
- United States (2.1 tons)
- India (2.0 tons)
Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia
After three years of growth, overseas shipments of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -16.7% to 75 kg in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, the exports attained the peak of 90 kg, and then contracted dramatically in the following year.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine reduced notably to $318 in 2022. Overall, exports, however, enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2021 when exports increased by 124% against the previous year. As a result, the exports reached the peak of $440, and then reduced markedly in the following year.
| Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 300 | 196 | 440 | 318 | 2.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 300 | 196 | 440 | 318 | 2.0% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Colombia in 2022:
- Aruba (75.0 kg)
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