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

Contents:

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

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

The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $8,708 per ton in 2022, rising by 113% against the previous year. In general, the export price enjoyed a slight expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($14,200 per ton), while the average price for exports to Democratic Republic of the Congo totaled $9,171 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+2.8%), 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 South Africa (CIF) - 2022

In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $971 per ton, approximately reflecting the previous year. Overall, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 4.6%. Over the period under review, average import prices hit record highs at $5,846 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mozambique ($1,112 per ton), while the price for China amounted to $392 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+39.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of molluscs; octopus (octopus spp.), live, fresh or chilleds were finally on the rise to reach 785 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp downturn.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds soared to $6.8K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decrease.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo2.10.3N/A6.445.0%
NigeriaN/AN/AN/A0.30%
Namibia1.80.40.1N/A-76.4%
Mauritius16.23.70.8N/A-77.8%
Portugal4.00.90.2N/A-77.6%
Angola4.71.00.2N/A-79.4%
Australia24.54.20.7N/A-83.1%
Others1.50.2N/A0.1-59.5%
Total54.810.72.06.8-50.1%

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

  1. Democratic Republic of the Congo (700.0 kg)
  2. Nigeria (20.0 kg)

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

Imports of molluscs; octopus (octopus spp.), live, fresh or chilleds into South Africa totaled 659 kg in 2022, approximately mirroring the previous year's figure. In general, imports continue to indicate a dramatic downturn. The smallest decline of -71% was in 2020.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $640 in 2022. Over the period under review, imports recorded a significant decrease. The smallest decline of -80.6% was in 2020.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique3.11.2N/A0.6-42.2%
China0.20.1N/A0.1-20.6%
Botswana3.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.61.3N/A0.6-55.0%

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

  1. Mozambique (528.0 kg)
  2. China (130.0 kg)

Source: IndexBox Market Intelligence Platform

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