Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic (CIF) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic (FOB) - 2022
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $11,791 per ton, surging by 5.7% against the previous year. Over the period under review, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 52% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Morocco ($15,028 per ton), while the price for China ($4,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritania (+10.9%), 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 the Dominican Republic (FOB) - 2022
The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $10,925 per ton in 2022, falling by -5.9% against the previous year. In general, the export price, however, showed a remarkable increase. The growth pace was the most rapid in 2015 when the average export price increased by 106% against the previous year. As a result, the export price attained the peak level of $11,750 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.1% per year.
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic
In 2022, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine into the Dominican Republic fell significantly to 86 tons, reducing by -37.3% against the year before. Overall, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 633%. As a result, imports reached the peak of 137 tons, and then dropped significantly in the following year.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine reduced markedly to $1M in 2022. Over the period under review, imports, however, posted a strong expansion. The growth pace was the most rapid in 2021 with an increase of 1,016% against the previous year. As a result, imports reached the peak of $1.5M, and then shrank markedly in the following year.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | N/A | 1.0 | N/A | 557 | 2260.1% |
| Spain | 190 | 43.2 | 172 | 322 | 19.2% |
| China | 15.5 | 1.6 | 47.3 | 96.3 | 83.8% |
| Morocco | 46.9 | 28.6 | 751 | 34.5 | -9.7% |
| Belgium | 56.6 | 17.0 | 90.3 | N/A | 26.3% |
| United States | 17.9 | 3.4 | 11.7 | N/A | -19.2% |
| Indonesia | 42.3 | 1.0 | 88.1 | N/A | 44.3% |
| Philippines | 42.5 | 9.7 | 38.9 | N/A | -4.3% |
| Mexico | 36.5 | 8.0 | 30.7 | N/A | -8.3% |
| Algeria | 142 | N/A | N/A | N/A | 0% |
| Portugal | 25.6 | 2.7 | 23.2 | N/A | -4.8% |
| Mauritania | 78.2 | 15.8 | 262 | N/A | 83.0% |
| Others | 22.8 | 4.4 | 9.3 | N/A | -36.1% |
| Total | 716 | 137 | 1,525 | 1,010 | 12.2% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to the Dominican Republic in 2022:
- Senegal (38.5 tons)
- Spain (22.9 tons)
- China (22.0 tons)
- Morocco (2.3 tons)
Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic
In 2022, the amount of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine exported from the Dominican Republic reduced to 186 kg, declining by -10.1% on the year before. Over the period under review, exports saw a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 25%.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine declined remarkably to $2K in 2022. In general, exports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 45%.
| Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.5 | 1.7 | 2.4 | 2.0 | 10.1% |
| Haiti | 6.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 1.7 | 2.4 | 2.0 | -36.5% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from the Dominican Republic in 2022:
- United States (186.0 kg)
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