Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in New Zealand - 2024

Contents:

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

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

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $12,808 per ton in 2022, rising by 4.5% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 76%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($16,506 per ton), while the price for South Korea stood at $12,217 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), 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 New Zealand (FOB) - 2022

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $9,483 per ton in 2022, growing by 5.6% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.2% 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 decreased by -9.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 87%. As a result, the export price reached the peak level of $10,418 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was French Polynesia ($12,680 per ton), while the average price for exports to New Caledonia ($7,386 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 South Korea (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine into New Zealand declined to 11 tons, waning by -6.4% compared with 2021. In general, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine fell to $138K in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 28%.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea14094.3128122-4.5%
China7.114.911.911.617.8%
Others1.50.90.54.139.8%
Total148110141138-2.3%

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

  1. South Korea (10.0 tons)
  2. China (0.7 tons)

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

In 2022, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine from New Zealand soared to 1 tons, with an increase of 17% compared with 2021 figures. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 200%. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine skyrocketed to $9.9K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 127%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
French PolynesiaN/AN/AN/A5.10%
New CaledoniaN/A7.37.13.9-26.9%
Cook IslandsN/AN/AN/A0.90%
Australia4.11.90.9N/A-53.1%
OthersN/AN/AN/AN/A0%
Total4.19.28.09.934.2%

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

  1. New Caledonia (531.0 kg)
  2. French Polynesia (400.0 kg)
  3. Cook Islands (110.0 kg)

Source: IndexBox Market Intelligence Platform

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