Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $4,547 per ton, which is down by -22.8% against the previous year. Over the period under review, the export price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2018 when the average export price decreased by -12.5% against the previous year. The export price peaked at $5,889 per ton in 2021, and then shrank sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +8.1% per year.
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland (CIF) - 2022
In 2020, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $7,043 per ton, with an increase of 3.1% against the previous year. Overall, the import price showed prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 99% against the previous year. Over the period under review, average import prices hit record highs at $7,879 per ton in 2016; however, from 2017 to 2020, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Vietnam ($14,333 per ton), while the price for the Netherlands ($6,232 per ton) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (+39.8%), 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 Ireland
In 2022, approx. 3.8 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were exported from Ireland; picking up by 41,633% against 2021 figures. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine skyrocketed to $17K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Spain | N/A | 17.1 | 0% | ||
| Others | 0.1 | N/A | 0% | ||
| Total | 0.1 | 17.1 | 17000.0% | ||
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Ireland in 2022:
- Spain (3.8 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland
In 2020, the amount of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine imported into Ireland totaled 418 kg, picking up by 11% on the year before. The total import volume increased at an average annual rate of +10.6% over the period from 2019 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine expanded sharply to $2.9K in 2020. The total import value increased at an average annual rate of +14.0% from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Netherlands | 1.7 | 2.3 | 35.3% | ||
| China | 0.9 | 0.4 | -55.6% | ||
| Vietnam | N/A | 0.2 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 2.6 | 2.9 | 11.5% | ||
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Ireland in 2022:
- Netherlands (371.0 kg)
- China (32.0 kg)
- Vietnam (15.0 kg)
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