Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand - 2024
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $6,783 per ton, declining by -14.3% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -15.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 20%. As a result, the export price attained the peak level of $7,985 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($9,060 per ton), while the average price for exports to Myanmar ($1,430 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 South Korea (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand (CIF) - 2022
The average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $902 per ton in 2022, increasing by 3.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1,100% against the previous year. As a result, import price reached the peak level of $9,969 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cambodia ($1,176 per ton), while the price for Myanmar stood at $761 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+19.4%).
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand
In 2022, approx. 537 tons of molluscs; octopus (octopus spp.), live, fresh or chilleds were exported from Thailand; with a decrease of -8.5% on 2021 figures. Overall, exports recorded a drastic downturn. The smallest decline of -6.5% was in 2020.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds plummeted to $3.6M in 2022. In general, exports recorded a deep setback. The smallest decline of -7.5% was in 2020.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.6 | 5.3 | 4.5 | 3.4 | -15.3% |
| Myanmar | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Lao People's Democratic Republic | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 5.7 | 5.3 | 4.6 | 3.6 | -14.2% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Thailand in 2022:
- South Korea (374.5 tons)
- Myanmar (152.2 tons)
- Lao People's Democratic Republic (8.3 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand
In 2022, purchases abroad of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -14.1% to 1.7K tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -37.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 88%. As a result, imports attained the peak of 2.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds fell to $1.6M in 2022. Overall, imports saw a noticeable decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of $2.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 1,375 | 2,102 | 1,606 | 1,273 | -2.5% |
| Cambodia | 255 | 162 | 28.3 | 65.4 | -36.5% |
| Others | 109 | 115 | 141 | 236 | 29.4% |
| Total | 1,738 | 2,380 | 1,776 | 1,574 | -3.2% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Thailand in 2022:
- Myanmar (1672.0 tons)
- Cambodia (55.6 tons)
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