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

Contents:

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

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

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $8,991 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of 95% against the previous year. Over the period under review, the average export prices attained the maximum at $13,106 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($8,992 per ton), while the average price for exports to France ($8,987 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (-15.6%).

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

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $4,167 per ton, which is down by -11.3% against the previous year. In general, the import price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 287% against the previous year. Over the period under review, average import prices attained the maximum at $4,696 per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +20.8% per year.

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

In 2022, shipments abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by 0% to 14 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a abrupt setback. The smallest decline of 99.9% was in 2020.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine totaled $128K in 2022. Over the period under review, exports showed a abrupt setback. The smallest decline of 99.9% was in 2020.

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

1. Italy (9.0 tons)
2. Malaysia (4.3 tons)
3. France (0.9 tons)

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

In 2022, approx. 5.5 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were imported into Oman; picking up by 92% against the year before. Overall, imports, however, showed a significant curtailment.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine soared to $23K in 2022. In general, imports, however, saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 71% against the previous year.

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

1. United Arab Emirates (5.5 tons)

Source: IndexBox Market Intelligence Platform