Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka - 2022
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $3,860 per ton, shrinking by -11.5% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 10% against the previous year. The export price peaked at $8,752 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($5,184 per ton), while the average price for exports to Maldives stood at $3,734 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+18.7%), while the prices for the other major destinations experienced a decline.
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka (CIF) - 2022
The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $11,000 per ton in 2022, dropping by -12.5% against the previous year. Overall, the import price, however, showed a prominent expansion. The growth pace was the most rapid in 2020 when the average import price increased by 71% against the previous year. The import price peaked at $12,571 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($23,000 per ton), while the price for Australia ($9,929 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.6%), 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 Sri Lanka
In 2022, approx. 13 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were exported from Sri Lanka; increasing by 859% on 2021. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine surged to $51K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | N/A | 0.2 | N/A | 46.8 | 1429.7% |
| Japan | N/A | N/A | N/A | 2.5 | 0% |
| Russia | N/A | 1.1 | N/A | N/A | 0% |
| United States | 1.7 | 1.6 | 3.6 | N/A | 45.5% |
| Portugal | 3.2 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 2.8 | 2.3 | 1.4 | 67.1% |
| Total | 5.2 | 5.6 | 6.0 | 50.8 | 113.8% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Sri Lanka in 2022:
- Maldives (12.5 tons)
- Japan (0.5 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka
In 2022, overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were finally on the rise to reach 16 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt decline.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $176 in 2022. Overall, imports, however, showed a relatively flat trend pattern. The smallest decline of -0.6% was in 2021.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 110 | 122 | 130 | 139 | 8.1% |
| Singapore | 38.0 | 33.0 | 28.0 | 23.0 | -15.4% |
| India | 26.0 | 22.0 | 18.0 | 14.0 | -18.6% |
| Others | 3.0 | N/A | N/A | N/A | 0% |
| Total | 177 | 177 | 176 | 176 | -0.2% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Sri Lanka in 2022:
- Australia (14.0 kg)
- India (1.0 kg)
- Singapore (1.0 kg)
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