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

Contents:

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

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

The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $7,418 per ton in 2022, which is down by -7.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs at $8,056 per ton in 2021, and then reduced in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Caledonia ($7,452 per ton), while the average price for exports to Australia amounted to $7,154 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tonga (+16.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $13,671 per ton, therefore, remained relatively stable against the previous year. In general, the import price showed a significant increase. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. Over the period under review, average import prices reached the peak figure at $18,543 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($13,769 per ton), while the price for South Korea amounted to $13,548 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+38.8%).

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

In 2022, overseas shipments of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -46.8% to 565 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year. As a result, the exports reached the peak of 1.1 tons, and then fell dramatically in the following year.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds plummeted to $4.2K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 124% against the previous year. As a result, the exports attained the peak of $8.6K, and then reduced markedly in the following year.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New CaledoniaN/AN/A0.53.7640.0%
Australia0.10.30.50.571.0%
SamoaN/A0.10.1N/A0.0%
Tonga1.83.57.4N/A102.8%
OthersN/AN/AN/AN/A0%
Total1.93.88.64.230.3%

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

  1. New Caledonia (500.0 kg)
  2. Australia (65.0 kg)

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

Imports of molluscs; octopus (octopus spp.), live, fresh or chilleds into New Zealand amounted to 70 kg in 2022, remaining stable against the previous year's figure. Overall, imports faced a sharp shrinkage. The smallest decline of 99.9% was in 2021.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $957 in 2022. Over the period under review, imports showed a significant decrease. The smallest decline of 99.9% was in 2021.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in New Zealand (USD)
COUNTRY202020212022CAGR,
2020-2022
Australia969N/A537-25.6%
South Korea904N/A420-31.8%
China40.0N/AN/A0%
OthersN/AN/AN/A0%
Total1,913N/A957-29.3%

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

  1. Australia (39.0 kg)
  2. South Korea (31.0 kg)

Source: IndexBox Market Intelligence Platform

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