Price for Mollusc Preparations; Octopus, Prepared or Preserved in Russia - 2022

Contents:

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

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

The average import price for mollusc preparations; octopus, prepared or preserveds stood at $8,056 per ton in 2022, increasing by 3.6% against the previous year. Over the period under review, the import price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 26% against the previous year. The import price peaked at $11,357 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9,493 per ton), while the price for Indonesia stood at $7,830 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (-2.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for mollusc preparations; octopus, prepared or preserveds stood at $9,797 per ton in 2022, with an increase of 28% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 41% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($11,389 per ton), while the average price for exports to Armenia ($8,571 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 Belarus (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of mollusc preparations; octopus, prepared or preserveds into Russia reduced notably to 45 tons in 2022, with a decrease of -47.4% on 2021. In general, imports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 3.4%.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds contracted rapidly to $360K in 2022. Over the period under review, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 7.7% against the previous year.

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

1. Indonesia (40.4 tons)
2. China (4.0 tons)

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

In 2022, exports of mollusc preparations; octopus, prepared or preserveds from Russia fell to 4.3 tons, declining by -6.1% on the previous year's figure. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds soared to $42K in 2022. Overall, exports showed a abrupt shrinkage.

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

1. Kazakhstan (4.0 tons)
2. Armenia (0.2 tons)

Source: IndexBox Market Intelligence Platform