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

Contents:

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

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

In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $21,637 per ton, picking up by 16% against the previous year. Over the period under review, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 128%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($22,016 per ton), while the average price for exports to Macao SAR ($18,935 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $12,668 per ton, with an increase of 8.6% against the previous year. In general, the import price showed a perceptible increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain 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 +6.7% per year.

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

For the third consecutive year, Japan recorded decline in overseas shipments of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, which decreased by -43.8% to 3.2 tons in 2022. In general, exports recorded a precipitous decrease. The smallest decline of -3.4% was in 2021.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine shrank rapidly to $70K in 2022. Over the period under review, exports continue to indicate a dramatic setback. The smallest decline of -1.3% was in 2021.

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

1. Hong Kong SAR (2.9 tons)
2. Taiwan (Chinese) (0.2 tons)
3. Macao SAR (0.2 tons)

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

For the third consecutive year, Japan recorded decline in supplies from abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, which decreased by -41.1% to 2.1 tons in 2022. Over the period under review, imports recorded a dramatic slump. The smallest decline of -6.2% was in 2021.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine dropped sharply to $26K in 2022. In general, imports continue to indicate a precipitous contraction. The smallest decline of -1.1% was in 2021.

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

1. Vietnam (2.1 tons)

Source: IndexBox Market Intelligence Platform