Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam - 2022
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam (FOB) - 2022
The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $9,793 per ton in 2022, reducing by -7.2% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 increased by +22.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 44%. As a result, the export price reached the peak level of $12,008 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($9,795 per ton), while the average price for exports to South Korea stood at $9,793 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $12,149 per ton, surging by 4.4% against the previous year. Over the period under review, the import price enjoyed a notable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum at $13,115 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($12,149 per ton), while the price for China totaled $12,149 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.7%), while the prices for the other major suppliers experienced a decline.
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam
In 2022, overseas shipments of molluscs; octopus (octopus spp.), live, fresh or chilleds increased by 805% to 19 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a dramatic descent.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds skyrocketed to $184K in 2022. Overall, exports, however, continue to indicate a precipitous decrease.
Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 1,768 | 118 | N/A | 173 | -53.9% |
Australia | N/A | N/A | N/A | 10.0 | 0% |
China | 221 | N/A | N/A | N/A | 0% |
Others | 19.4 | 12.5 | 21.9 | 1.4 | -58.4% |
Total | 2,008 | 130 | 21.9 | 184 | -54.9% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Vietnam in 2022:
- South Korea (17.6 tons)
- Australia (1.0 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam
In 2022, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds into Vietnam soared to 4.2 tons, rising by 3,655% compared with the previous year. Overall, imports, however, recorded a precipitous shrinkage.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds surged to $51K in 2022. In general, imports, however, faced a abrupt descent.
Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | N/A | N/A | 40.7 | 0% | |
Japan | N/A | 1.3 | 10.4 | 700.0% | |
India | 79.3 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 79.3 | 1.3 | 51.1 | -19.7% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Vietnam in 2022:
- China (3.4 tons)
- Japan (0.9 tons)
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