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

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Venezuela (FOB) - 2022
  2. Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Venezuela

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

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $10,547 per ton in 2022, approximately equating the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -1.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 25% against the previous year. The export price peaked at $10,694 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +61.5% per year.

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

In 2022, approx. 1.6 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were exported from Venezuela; falling by -4.8% on 2021. Over the period under review, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine reduced modestly to $17K in 2022. In general, exports showed a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 7.7%.

Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain37.116.31.717.0-22.9%
CanadaN/AN/A15.9N/A0%
OthersN/AN/AN/AN/A0%
Total37.116.317.617.0-22.9%

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

  1. Spain (1.6 tons)

Source: IndexBox Market Intelligence Platform

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