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

Contents:

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

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

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $12,050 per ton in 2022, increasing by 65% against the previous year. Overall, the import price recorded a tangible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($12,677 per ton), while the price for Turkey ($4,725 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.4%), 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 Greece (FOB) - 2023

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $5,989 per ton in November 2023, with an increase of 6.2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices hit record highs at $6,730 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In November 2023, the country with the highest price was Cyprus ($6,131 per ton), while the average price for exports to Italy amounted to $5,981 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.4%).

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

Imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine into Greece shrank markedly to 86 tons in 2022, declining by -59.9% on the year before. In general, imports faced a sharp slump. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine shrank rapidly to $1M in 2022. Overall, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 93%.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3,4045761,188810-38.0%
FranceN/A5.593.068.4252.7%
Netherlands25.747.078.053.327.5%
Germany286N/A81.543.3-46.7%
TurkeyN/AN/AN/A18.40%
Oman69.649.223.9N/A-41.4%
Mexico180N/AN/AN/A0%
Others70.813710645.1-14.0%
Total4,0378151,5701,038-36.4%

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

  1. Spain (63.9 tons)
  2. France (6.9 tons)
  3. Netherlands (4.8 tons)
  4. Germany (4.2 tons)
  5. Turkey (3.9 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume decreased by -41.9% to 155 tons. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 89% against the previous year.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine dropped markedly to $902K in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, the exports attained the peak of $1.3M, and then dropped markedly in the following year.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3076721,15180537.9%
Cyprus86.418.525.361.9-10.5%
Bulgaria4.02.330.614.654.0%
Others80.050.810120.4-36.6%
Total4787431,30890223.6%

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

  1. Italy (143.3 tons)
  2. Cyprus (6.2 tons)
  3. Bulgaria (3.1 tons)

Source: IndexBox Market Intelligence Platform

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