Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France (FOB) - 2023
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France (CIF) - 2023
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France (FOB) - 2023
In November 2023, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $10,313 per ton, picking up by 6.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 27% m-o-m. As a result, the export price reached the peak level of $11,089 per ton. From January 2023 to November 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In November 2023, the country with the highest price was Spain ($10,519 per ton), while the average price for exports to Italy ($9,656 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France (CIF) - 2023
In November 2023, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $11,233 per ton, with an increase of 2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 27% against the previous month. The import price peaked at $13,597 per ton in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($14,511 per ton), while the price for the UK ($3,750 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Madagascar (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France
In 2022, the amount of molluscs; octopus (octopus spp.), live, fresh or chilleds exported from France skyrocketed to 3.1K tons, growing by 18% against 2021 figures. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 358% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds expanded significantly to $30M in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 430%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.6 | 0.4 | 15.0 | 18.0 | 210.7% |
| Italy | 3.7 | 4.1 | 9.9 | 10.3 | 40.7% |
| Portugal | N/A | N/A | 0.4 | 0.5 | 25.0% |
| Others | 0.4 | 0.5 | 1.2 | 1.4 | 51.8% |
| Total | 4.7 | 5.0 | 26.5 | 30.1 | 85.7% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from France in 2022:
- Spain (1721.2 tons)
- Italy (1206.1 tons)
- Portugal (48.8 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France
In 2022, the amount of molluscs; octopus (octopus spp.), live, fresh or chilleds imported into France soared to 530 tons, growing by 21% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds skyrocketed to $6M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 +74.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,536 | 1,443 | 2,179 | 3,161 | 27.2% |
| Senegal | 434 | 1,407 | 933 | 1,364 | 46.5% |
| Belgium | 430 | 283 | 409 | 491 | 4.5% |
| Madagascar | 111 | 86.0 | 147 | 207 | 23.1% |
| Venezuela | 126 | 4.7 | 183 | 163 | 9.0% |
| United Kingdom | 13.6 | 9.1 | 84.9 | 140 | 117.5% |
| Netherlands | 34.3 | 47.0 | 82.9 | 98.8 | 42.3% |
| Others | 770 | 598 | 608 | 404 | -19.3% |
| Total | 3,453 | 3,877 | 4,628 | 6,029 | 20.4% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to France in 2022:
- Spain (214.4 tons)
- Senegal (123.8 tons)
- Belgium (60.3 tons)
- United Kingdom (34.6 tons)
- Madagascar (26.9 tons)
- Netherlands (22.6 tons)
- Venezuela (19.7 tons)
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