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

Contents:

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

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

In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $6,807 per ton, growing by 29% against the previous year. In general, the export price, however, recorded a mild shrinkage. The export price peaked at $7,924 per ton in 2017; however, from 2018 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 Norway.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +6.2% per year.

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

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $10,194 per ton, standing approx. at the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28% against the previous year. The import price peaked at $48,380 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 Indonesia ($10,409 per ton), while the price for the Netherlands amounted to $4,363 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine exported from Denmark surged to 2.3 tons, rising by 16% on the year before. In general, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 654%.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine surged to $15K in 2022. Overall, exports, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2021 when exports increased by 535%.

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

1. Norway (2.3 tons)

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

In 2022, overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by 0% to 24 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,641% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine totaled $242K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 174%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Indonesia (22.8 tons)
2. Netherlands (0.9 tons)

Source: IndexBox Market Intelligence Platform