Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in India - 2023

Contents:

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

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

In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $6,138 per ton, rising by 44% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($8,720 per ton), while the average price for exports to Japan ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+23.7%), 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 India (CIF) - 2022

In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $12,667 per ton, almost unchanged from the previous year. In general, the import price enjoyed a measured expansion. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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

From 2017 to 2022, the rate of growth in terms of prices for Brazil amounted to +2.7% per year.

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

In 2022, overseas shipments of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -78.8% to 1.1 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 5.8 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds contracted rapidly to $6.9K in 2022. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. As a result, the exports reached the peak of $25K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A3.00%
France0.10.2N/A2.6196.2%
MauritiusN/A0.10.11.0216.2%
NetherlandsN/AN/AN/A0.20%
Spain2.23.42.8N/A12.8%
Russia0.30.70.7N/A52.8%
Cyprus0.71.21.0N/A19.5%
Japan3.15.85.6N/A34.4%
Italy6.110.59.6N/A25.5%
Others1.93.22.7N/A19.2%
Total14.425.122.66.9-21.7%

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

  1. United Kingdom (592.0 kg)
  2. France (378.0 kg)
  3. Mauritius (126.0 kg)
  4. Netherlands (25.0 kg)
  5. Japan (1.0 kg)

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

In 2022, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds into India amounted to 6 kg, remaining constant against 2021. Over the period under review, imports enjoyed a buoyant increase. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $76 in 2022. In general, imports saw a prominent increase. The smallest decline of 99.9% was in 2021. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in India (USD)
COUNTRY202020212022CAGR,
2020-2022
Brazil60.0N/A76.012.5%
OthersN/AN/AN/A0%
Total60.0N/A76.012.5%

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

  1. Brazil (6.0 kg)

Source: IndexBox Market Intelligence Platform

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