Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt (FOB) - 2022
The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $10,745 per ton in 2022, rising by 20% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Palestine.
From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +17.0% per year.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt (CIF) - 2022
The average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $6,256 per ton in 2022, declining by -3.9% against the previous year. Over the period under review, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 59%. The import price peaked at $6,510 per ton in 2021, and then reduced modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Yemen.
From 2012 to 2022, the rate of growth in terms of prices for Yemen amounted to +13.1% per year.
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt
In 2022, approx. 51 kg of molluscs; octopus (octopus spp.), live, fresh or chilleds were exported from Egypt; with a decrease of -99.7% on the previous year's figure. Over the period under review, exports showed a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 240% against the previous year. As a result, the exports attained the peak of 18 tons, and then declined notably in the following year.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds fell notably to $548 in 2022. Overall, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 284% against the previous year. As a result, the exports reached the peak of $165K, and then shrank notably in the following year.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | N/A | N/A | N/A | 0.5 | 0% |
| Spain | 3.3 | N/A | N/A | N/A | 0% |
| Cyprus | 8.7 | 4.4 | 11.5 | N/A | 15.0% |
| Greece | 45.9 | 28.4 | 90.4 | N/A | 40.3% |
| Jordan | 4.4 | 1.3 | 0.9 | N/A | -54.8% |
| Italy | 12.6 | 3.5 | 41.8 | N/A | 82.1% |
| Israel | 0.5 | 0.2 | 1.3 | N/A | 61.2% |
| Turkey | 2.5 | 0.6 | 0.9 | N/A | -40.0% |
| Others | 4.1 | 4.3 | 18.0 | N/A | 109.5% |
| Total | 81.9 | 42.9 | 165 | 0.5 | -81.7% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Egypt in 2022:
- Palestine (51.0 kg)
Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt
After three years of growth, supplies from abroad of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -0.9% to 7.9 tons in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 1.8% against the previous year. As a result, imports attained the peak of 8 tons, leveling off in the following year.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds dropped slightly to $50K in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. As a result, imports reached the peak of $52K, and then contracted modestly in the following year.
| Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 6.7 | 47.2 | 52.1 | 49.7 | 95.0% |
| China | 16.5 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 19.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 42.8 | 47.2 | 52.1 | 49.7 | 5.1% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Egypt in 2022:
- Yemen (7.9 tons)
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