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

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Venezuela (FOB) - 2022
  2. Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Venezuela

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

In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $5,623 per ton, declining by -3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.6%. The pace of growth appeared the most rapid in 2013 an increase of 41%. The export price peaked at $5,840 per ton in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($6,210 per ton), while the average price for exports to the Dominican Republic ($2,706 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 France (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, shipments abroad of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -9.3% to 40 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 30%.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds contracted to $224K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 52%.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12499.118018113.4%
United StatesN/AN/AN/A24.90%
Dominican RepublicN/AN/A73.113.4-81.7%
Aruba1.950.42.83.826.0%
Saint LuciaN/A41.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total12619125622421.1%

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

  1. France (29.2 tons)
  2. Dominican Republic (5.0 tons)
  3. United States (4.4 tons)
  4. Aruba (1.1 tons)

Source: IndexBox Market Intelligence Platform

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