Price for Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg - 2023

Contents:

  1. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg (CIF) - 2022
  2. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg (FOB) - 2022
  3. Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg
  4. Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg (CIF) - 2022

The average import price for mollusc preparations; octopus, prepared or preserveds stood at $24,195 per ton in 2022, reducing by -4.7% against the previous year. In general, the import price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 143%. Over the period under review, average import prices attained the maximum at $25,393 per ton in 2021, and then reduced slightly in the following year.

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 Germany ($37,993 per ton), while the price for Portugal ($12,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg (FOB) - 2022

The average export price for mollusc preparations; octopus, prepared or preserveds stood at $22,484 per ton in 2022, with an increase of 8.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 17%. The export price peaked at $23,349 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($24,059 per ton), while the average price for exports to Belgium ($16,541 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 Germany (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg

In 2022, purchases abroad of mollusc preparations; octopus, prepared or preserveds decreased by -17.9% to 8.9 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 75%.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds contracted remarkably to $215K in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 83% against the previous year.

Import of Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France57.712616216842.8%
Germany9.219.433.428.345.4%
Italy6.35.210.311.722.9%
Belgium0.68.56.56.6122.4%
Portugal3.42.46.70.1-69.1%
Spain33.048.255.4N/A29.6%
Others4.3N/AN/AN/A0%
Total11520927521523.2%

Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Luxembourg in 2022:

  1. France (7.0 tons)
  2. Italy (0.8 tons)
  3. Germany (0.7 tons)
  4. Belgium (0.3 tons)

Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg

In 2022, after three years of growth, there was significant decline in overseas shipments of mollusc preparations; octopus, prepared or preserveds, when their volume decreased by -41.5% to 221 kg. Over the period under review, exports, however, continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2020 when exports increased by 50%.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds reduced markedly to $5K in 2022. Overall, exports, however, posted prominent growth. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $7.8K, and then fell rapidly in the following year.

Export of Mollusc Preparations; Octopus, Prepared or Preserved in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.74.06.13.931.9%
Belgium2.21.20.30.6-35.2%
GermanyN/AN/A1.40.4-71.4%
OthersN/AN/AN/AN/A0%
Total3.95.27.85.08.6%

Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Luxembourg in 2022:

  1. France (167.0 kg)
  2. Belgium (37.0 kg)
  3. Germany (17.0 kg)

Source: IndexBox Market Intelligence Platform

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