Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain (FOB) - 2023
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain (CIF) - 2023
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain (FOB) - 2023
In November 2023, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $13,015 per ton, shrinking by -4.8% against the previous month. Overall, the export price recorded a mild shrinkage. The growth pace was the most rapid in April 2023 when the average export price increased by 92% month-to-month. The export price peaked at $16,057 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($39,416 per ton), while the average price for exports to Portugal ($11,311 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.4%), 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 Spain (CIF) - 2023
In November 2023, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $10,694 per ton, waning by -35% against the previous month. Overall, the import price, however, saw pronounced growth. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 117% against the previous month. Over the period under review, average import prices reached the maximum at $17,321 per ton in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Portugal ($50,339 per ton), while the price for Ireland ($6,304 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Morocco (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain
In 2022, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine from Spain contracted sharply to 1.2K tons, falling by -30.5% against the previous year. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of less than 0.1% against the previous year.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine fell notably to $13M in 2022. In general, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. As a result, the exports attained the peak of $27M, and then reduced rapidly in the following year.
| Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.0 | 10.9 | 13.5 | 6.2 | -14.7% |
| France | 2.1 | 1.3 | 2.5 | 1.5 | -10.6% |
| Germany | 4.5 | 2.9 | 2.3 | 1.4 | -32.2% |
| Portugal | 3.7 | 3.1 | 3.2 | 1.1 | -33.3% |
| Belgium | 1.6 | 1.2 | 1.4 | 0.8 | -20.6% |
| Netherlands | 0.4 | 0.2 | 0.6 | 0.4 | 0.0% |
| Slovenia | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Others | 2.6 | 1.6 | 2.8 | 1.0 | -27.3% |
| Total | 25.2 | 21.6 | 26.5 | 12.8 | -20.2% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Spain in 2022:
- Italy (715.4 tons)
- Portugal (110.2 tons)
- Germany (102.9 tons)
- France (86.2 tons)
- Belgium (55.7 tons)
- Netherlands (42.8 tons)
- Slovenia (40.6 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain
Imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine into Spain soared to 429 tons in 2022, rising by 94% on the previous year. Overall, imports, however, saw a abrupt curtailment.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine soared to $3.6M in 2022. Over the period under review, imports, however, showed a deep slump.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1,151 | 225 | 967 | 1,158 | 0.2% |
| Morocco | 128 | N/A | N/A | 1,069 | 102.9% |
| France | 358 | 38.2 | 381 | 809 | 31.2% |
| Ireland | N/A | N/A | N/A | 318 | 0% |
| Peru | N/A | N/A | N/A | 105 | 0% |
| Italy | 1,770 | 474 | 190 | 33.7 | -73.3% |
| Netherlands | 120 | 75.3 | 0.1 | 13.8 | -51.4% |
| Algeria | 592 | N/A | N/A | N/A | 0% |
| Others | 103 | 31.5 | 9.9 | 63.1 | -15.1% |
| Total | 4,222 | 844 | 1,548 | 3,569 | -5.4% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Spain in 2022:
- Morocco (105.3 tons)
- France (101.5 tons)
- Portugal (99.3 tons)
- Ireland (62.4 tons)
- Peru (46.3 tons)
- Italy (5.7 tons)
- Netherlands (3.1 tons)
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