Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Azerbaijan - 2023

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Azerbaijan (CIF) - 2022
  2. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Azerbaijan

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Azerbaijan (CIF) - 2022

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $9,742 per ton, rising by 57% against the previous year. Overall, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 295%. As a result, import price reached the peak level of $10,978 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($18,846 per ton), while the price for Spain ($7,068 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Azerbaijan

In 2022, after three years of growth, there was significant decline in supplies from abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds, when their volume decreased by -66.4% to 1.6 tons. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 50% against the previous year.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds shrank rapidly to $16K in 2022. Over the period under review, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 68%. As a result, imports attained the peak of $29K, and then dropped significantly in the following year.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A6.00%
Spain1.30.23.94.146.6%
ChinaN/AN/A14.53.8-73.8%
Belarus9.310.53.11.6-44.4%
ThailandN/A1.97.20.1-77.1%
Russia0.71.00.7N/A0.0%
Denmark2.03.1N/AN/A55.0%
OthersN/A0.8N/AN/A0%
Total13.317.629.415.55.2%

Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Azerbaijan in 2022:

  1. Spain (574.0 kg)
  2. China (513.0 kg)
  3. Turkey (318.0 kg)
  4. Belarus (184.0 kg)
  5. Thailand (5.0 kg)

Source: IndexBox Market Intelligence Platform

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