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

Contents:

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

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

The average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $19,284 per ton in 2022, with a decrease of -11.7% against the previous year. Overall, the import price, however, showed resilient growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 231% against the previous year. Over the period under review, average import prices reached the maximum at $49,540 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($29,380 per ton), while the price for South Korea ($8,533 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+18.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $7,478 per ton, rising by 9.8% against the previous year. Over the period under review, the export price posted a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 76% against the previous year. Over the period under review, the average export prices reached the maximum at $9,174 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($14,067 per ton), while the average price for exports to Vietnam ($3,997 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 Malaysia (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of molluscs; octopus (octopus spp.), live, fresh or chilleds into Indonesia soared to 366 kg in 2022, growing by 17% on the year before. Overall, imports, however, faced a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 101%.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds totaled $7.1K in 2022. Over the period under review, imports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan23.43.66.34.0-44.5%
Singapore0.40.30.22.993.5%
South Korea0.40.30.30.1-37.0%
OthersN/AN/AN/AN/A0%
Total24.24.26.87.1-33.6%

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

  1. Singapore (214.0 kg)
  2. Japan (137.0 kg)
  3. South Korea (15.0 kg)

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

In 2022, approx. 9.4 tons of molluscs; octopus (octopus spp.), live, fresh or chilleds were exported from Indonesia; reducing by -31.2% on the year before. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds contracted significantly to $71K in 2022. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 96%.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras75.214.825.819.4-36.3%
Mauritius11.05.314.911.72.1%
Poland16.94.29.08.4-20.8%
Malaysia36.46.710.77.5-40.9%
Vietnam34.36.210.06.9-41.4%
Dominican Republic27.62.76.85.7-40.9%
United States24.44.57.45.3-39.9%
Others24.83.38.95.6-39.1%
Total25047.793.570.6-34.4%

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

  1. Honduras (2.2 tons)
  2. Malaysia (1.8 tons)
  3. Vietnam (1.7 tons)
  4. Mauritius (1.5 tons)
  5. Poland (0.7 tons)
  6. United States (0.5 tons)
  7. Dominican Republic (0.4 tons)

Source: IndexBox Market Intelligence Platform

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