Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia - 2022

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia (CIF) - 2022
  2. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia (FOB) - 2022
  3. Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia
  4. Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia

Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia (CIF) - 2022

In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $4,981 per ton, falling by -28.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 110%. As a result, import price reached the peak level of $11,295 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +11.4% per year.

Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia (FOB) - 2022

In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $6,473 per ton, which is down by -67.5% against the previous year. In general, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 141%. Over the period under review, the average export prices reached the maximum at $25,808 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +13.7% per year.

Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia

Imports of molluscs; octopus (octopus spp.), live, fresh or chilleds into Australia shrank remarkably to 780 kg in 2022, which is down by -82% compared with the previous year. In general, imports faced a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 16%.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds reduced remarkably to $3.9K in 2022. Over the period under review, imports faced a significant decrease. The smallest decline of -28.6% was in 2021.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/AN/A3.90%
SpainN/A31.6N/AN/A0%
New ZealandN/A3.430.0N/A782.4%
Indonesia46.97.1N/AN/A-84.9%
South Africa11.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total58.842.030.03.9-59.5%

Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Australia in 2022:

  1. Vietnam (780.0 kg)

Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia

In 2022, approx. 300 kg of molluscs; octopus (octopus spp.), live, fresh or chilleds were exported from Australia; falling by -89.2% against 2021. Overall, exports showed a dramatic descent. The smallest decline of -39.3% was in 2021.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds declined significantly to $1.9K in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of -16.6% was in 2020.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Caledonia1.23.85.91.916.6%
Germany43.3N/AN/AN/A0%
United Kingdom19.4N/AN/AN/A0%
SingaporeN/A82.144.8N/A-45.4%
United States74.631.8N/AN/A-57.4%
Others2.8N/A4.5N/A26.8%
Total14111855.21.9-76.2%

Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Australia in 2022:

  1. New Caledonia (300.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Molluscs; octopus (octopus spp.), live, fresh or chilled - Australia