Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Turkey - 2024

Contents:

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

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

The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $3,062 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $4,328 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to -0.1% per year.

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

In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $6,005 per ton, picking up by 5.7% against the previous year. In general, the import price posted a noticeable expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 45% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($9,788 per ton), while the price for Senegal ($5,787 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -47.6% to 95 tons, falling for the second consecutive year after two years of growth. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 74%. As a result, the exports attained the peak of 282 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds declined rapidly to $290K in 2022. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 89% against the previous year. As a result, the exports attained the peak of $757K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece400640410290-10.2%
Italy0.710686.1N/A1009.1%
Others0.210.62.40.1-20.6%
Total401757498290-10.2%

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

  1. Greece (94.6 tons)

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

In 2022, approx. 3.5 tons of molluscs; octopus (octopus spp.), live, fresh or chilleds were imported into Turkey; increasing by 512% against the previous year's figure. Over the period under review, imports showed a significant 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 $21K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Senegal6.9N/AN/A19.240.7%
MauritaniaN/AN/AN/A1.10%
EgyptN/AN/AN/A1.00%
PhilippinesN/AN/A1.6N/A0%
NetherlandsN/AN/A1.7N/A0%
OthersN/AN/AN/AN/A0%
Total6.9N/A3.321.345.6%

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

  1. Senegal (3.3 tons)
  2. Egypt (0.1 tons)
  3. Mauritania (0.1 tons)

Source: IndexBox Market Intelligence Platform

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