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

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Spain (CIF) - 2023
  2. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Spain (FOB) - 2023
  3. Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Spain
  4. Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Spain

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

The average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $8,807 per ton in November 2023, with a decrease of -3.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 15% month-to-month. Over the period under review, average import prices reached the maximum at $10,556 per ton in September 2023; however, from October 2023 to November 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was France ($9,262 per ton), while the price for Portugal totaled $8,574 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%), 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 Spain (FOB) - 2023

The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $11,214 per ton in November 2023, growing by 6.5% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +5.0%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 52% m-o-m. Over the period under review, the average export prices attained the maximum at $12,042 per ton in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In November 2023, the countries with the highest prices were Portugal ($12,066 per ton) and France ($11,775 per ton), while the average price for exports to Italy ($9,175 per ton) and the Netherlands ($9,632 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.5%), 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 Spain

In 2022, approx. 4.3K tons of molluscs; octopus (octopus spp.), live, fresh or chilleds were imported into Spain; rising by 17% against 2021 figures. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 190%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds rose sharply to $39M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 307%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5.45.916.319.854.2%
France2.21.115.417.6100.0%
Netherlands2.40.92.41.4-16.4%
Others1.10.70.70.6-18.3%
Total11.18.634.839.452.5%

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

  1. Portugal (2.3K tons)
  2. France (1.8K tons)
  3. Netherlands (0.1K tons)

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

In 2022, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds from Spain dropped to 3K tons, approximately mirroring 2021 figures. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 8.8% against the previous year. As a result, the exports attained the peak of 3K tons, leveling off in the following year.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds dropped to $29M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $29M, leveling off in the following year.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14.613.217.818.58.2%
Portugal5.15.75.94.8-2.0%
France1.71.52.32.412.2%
Germany0.80.50.80.7-4.4%
Belgium0.40.30.20.57.7%
Others1.81.41.61.80.0%
Total24.322.628.828.75.7%

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

  1. Italy (2092.1 tons)
  2. Portugal (461.9 tons)
  3. France (219.7 tons)
  4. Belgium (45.7 tons)
  5. Germany (42.3 tons)

Source: IndexBox Market Intelligence Platform

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