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

Contents:

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

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

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $9,148 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by less than 0.1%. Over the period under review, average import prices reached the maximum at $12,225 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to -2.9% per year.

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

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $9,157 per ton in 2022, surging by 4.5% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -17.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. Over the period under review, the average export prices hit record highs at $11,067 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($100,000 per ton), while the average price for exports to France stood at $7,076 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+75.4%).

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

After three years of growth, supplies from abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -8.3% to 11 tons in 2022. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine declined to $104K in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20%.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile78.894.51131049.7%
OthersN/AN/AN/AN/A0%
Total78.894.51131049.7%

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

  1. Chile (11.4 tons)

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

In 2022, overseas shipments of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were finally on the rise to reach 134 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep contraction.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine skyrocketed to $1.2K in 2022. In general, exports, however, recorded a deep setback.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.11.41.00.9-24.6%
MaldivesN/AN/AN/A0.30%
OthersN/AN/AN/AN/A0%
Total2.11.41.01.2-17.0%

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

  1. France (131.0 kg)
  2. Maldives (3.0 kg)

Source: IndexBox Market Intelligence Platform

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