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

Contents:

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

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

The average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $7,347 per ton in 2022, rising by 34% against the previous year. In general, the import price, however, saw a mild decline. The pace of growth appeared the most rapid in 2019 an increase of 41% against the previous year. As a result, import price reached the peak level of $8,242 per ton. From 2020 to 2022, the average 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 Spain ($13,222 per ton), while the price for Peru ($1,343 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+17.2%), 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 the Dominican Republic (FOB) - 2022

The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $7,000 per ton in 2022, reducing by -17.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the maximum at $18,917 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($10,571 per ton), while the average price for exports to the United States totaled $2,833 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+7.8%).

Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the Dominican Republic

In 2022, the amount of molluscs; octopus (octopus spp.), live, fresh or chilleds imported into the Dominican Republic soared to 41 tons, picking up by 109% against 2021. Overall, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds skyrocketed to $299K in 2022. In general, imports posted notable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11771.114.916812.8%
Mexico55.320.431.910925.4%
VenezuelaN/AN/A34.512.1-64.9%
Peru23.114.57.19.3-26.2%
Indonesia23.59.18.0N/A-41.7%
Philippines17.55.10.4N/A-84.9%
Portugal15.511.97.2N/A-31.8%
Others9.84.02.90.1-78.3%
Total2621361072994.5%

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

  1. Mexico (17.7 tons)
  2. Spain (12.7 tons)
  3. Peru (7.0 tons)
  4. Venezuela (3.4 tons)

Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the Dominican Republic

Exports of molluscs; octopus (octopus spp.), live, fresh or chilleds from the Dominican Republic reduced remarkably to 13 kg in 2022, waning by -18.8% compared with 2021 figures. Over the period under review, exports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2021 with an increase of 167%. As a result, the exports attained the peak of 16 kg, and then contracted notably in the following year.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds dropped notably to $91 in 2022. Overall, exports showed a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 196%.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti17825.010674.0-25.4%
United States49.021.030.017.0-29.7%
OthersN/AN/AN/AN/A0%
Total22746.013691.0-26.3%

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

  1. Haiti (7.0 kg)
  2. United States (6.0 kg)

Source: IndexBox Market Intelligence Platform

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