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

Contents:

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

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

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $11,646 per ton in 2022, growing by 275% against the previous year. Over the period under review, the import price recorded a moderate expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +5.6% per year.

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

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $8,292 per ton in 2022, with a decrease of -14.2% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 increased by +15.4% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $11,053 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Palestine.

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +4.5% per year.

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

In 2022, supplies from abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine was finally on the rise to reach 3.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp descent.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine soared to $37K in 2022. In general, imports, however, continue to indicate a pronounced decrease.

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

1. Vietnam (3.2 tons)

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

After two years of decline, shipments abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine increased by 15% to 101 tons in 2022. In general, exports, however, continue to indicate a abrupt contraction.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine reduced modestly to $838K in 2022. Over the period under review, exports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 2.6%.

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

1. Palestine (101.0 tons)

Source: IndexBox Market Intelligence Platform