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

Contents:

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

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

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $4,348 per ton in 2022, surging by 50% against the previous year. Overall, the export price, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 206%. Over the period under review, the average export prices hit record highs at $8,221 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -0.4% per year.

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

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $3,891 per ton in 2022, surging by 8.5% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine increased by +9.6% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 28%. Over the period under review, average import prices hit record highs at $5,561 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +6.2% per year.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume decreased by -8.8% to 103 tons. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 69,786%.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine surged to $448K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 25,635%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GreeceN/A28029243925.2%
ItalyN/AN/A33.04.9-85.2%
Others1.11.81.83.952.5%
Total1.1282327448641.2%

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

  1. Greece (101.0 tons)
  2. Italy (1.2 tons)

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

After three years of growth, overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -17.9% to 640 kg in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 54% against the previous year.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine fell to $2.5K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of $2.8K, and then declined in the following year.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.7N/A2.82.552.9%
South Korea0.90.1N/AN/A-88.9%
Belgium0.4N/AN/AN/A0%
OmanN/A1.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.02.02.82.57.7%

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

  1. Netherlands (640.0 kg)

Source: IndexBox Market Intelligence Platform

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