Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania (CIF) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania (FOB) - 2022
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $10,051 per ton, waning by -3.1% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine increased by +71.1% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 56%. The import price peaked at $10,378 per ton in 2021, and then declined modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14,892 per ton), while the price for Latvia ($5,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.8%), 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 Lithuania (FOB) - 2022
The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $6,036 per ton in 2022, surging by 5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 24%. As a result, the export price attained the peak level of $7,566 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($6,263 per ton), while the average price for exports to Latvia totaled $5,955 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.4%).
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania
In 2022, supplies from abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -36% to 7.8 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine dropped notably to $78K in 2022. Over the period under review, imports, however, showed a temperate expansion. The growth pace was the most rapid in 2020 when imports increased by 110%. As a result, imports attained the peak of $144K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.6 | 90.1 | 71.2 | 52.8 | 83.1% |
| Belgium | 54.6 | 42.0 | 50.0 | 17.6 | -31.4% |
| Germany | N/A | 1.7 | 4.8 | 5.6 | 81.5% |
| Netherlands | 5.3 | 9.7 | N/A | 2.0 | -27.7% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 68.5 | 144 | 126 | 78.1 | 4.5% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Lithuania in 2022:
- Spain (4.4 tons)
- Belgium (2.7 tons)
- Germany (0.4 tons)
- Netherlands (0.3 tons)
Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania
For the third year in a row, Lithuania recorded decline in shipments abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, which decreased by -20.3% to 302 kg in 2022. Over the period under review, exports continue to indicate a dramatic downturn.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine declined remarkably to $1.8K in 2022. In general, exports faced a dramatic decrease.
| Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 10.8 | 3.8 | 0.8 | 1.3 | -50.6% |
| Estonia | 1.1 | 1.1 | 1.4 | 0.5 | -23.1% |
| United Kingdom | 0.3 | 0.8 | N/A | N/A | 166.7% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 12.4 | 5.6 | 2.2 | 1.8 | -47.4% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Lithuania in 2022:
- Latvia (222.0 kg)
- Estonia (80.0 kg)
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