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

Contents:

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

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

In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $20,294 per ton, increasing by 47% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for molluscs; octopus (octopus spp.), live, fresh or chilleds increased by +57.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($23,868 per ton), while the price for Latvia stood at $17,151 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $12,138 per ton in 2022, picking up by 9.5% against the previous year. Over the last seven-year period, it increased at an average annual rate of +5.8%. The most prominent rate of growth was recorded in 2021 an increase of 18%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($13,480 per ton), while the average price for exports to Estonia amounted to $9,337 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+7.2%).

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

In 2022, supplies from abroad of molluscs; octopus (octopus spp.), live, fresh or chilleds was finally on the rise to reach 857 kg after two years of decline. Overall, imports, however, showed a abrupt downturn.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds soared to $17K in 2022. Over the period under review, imports, however, recorded a abrupt slump.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.77.5N/A9.6-8.9%
Latvia1.95.110.27.860.1%
Poland7.43.7N/AN/A-50.0%
Netherlands2.41.3N/AN/A-45.8%
OthersN/AN/AN/AN/A0%
Total24.417.610.217.4-10.7%

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

  1. Latvia (456.0 kg)
  2. Germany (401.0 kg)

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

Exports of molluscs; octopus (octopus spp.), live, fresh or chilleds from Lithuania fell remarkably to 1.4 tons in 2022, dropping by -57.1% on the previous year. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, the exports reached the peak of 3.3 tons, and then declined remarkably in the following year.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds declined sharply to $17K in 2022. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 114%. As a result, the exports attained the peak of $37K, and then reduced remarkably in the following year.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/A6.529.612.940.9%
Estonia22.110.77.14.3-42.1%
OthersN/AN/AN/AN/A0%
Total22.117.236.717.2-8.0%

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

  1. Latvia (960.0 kg)
  2. Estonia (460.0 kg)

Source: IndexBox Market Intelligence Platform

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