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

Contents:

1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Greece (CIF) - 2023
2. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Greece (FOB) - 2022
3. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Greece
4. Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Greece

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Greece (CIF) - 2023

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $4,311 per ton in September 2023, increasing by 2.8% against the previous month. Over the period under review, the import price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in May 2023 an increase of 74% m-o-m. As a result, import price attained the peak level of $5,331 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($4,314 per ton), while the price for the Netherlands stood at $4,094 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+61.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $7,586 per ton, declining by -9.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 21%. Over the period under review, the average export prices hit record highs at $8,350 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($13,719 per ton), while the average price for exports to Romania ($3,947 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 (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Greece surged to 756 tons, jumping by 19% compared with the previous year. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds soared to $3M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Spain (488.9 tons)
2. Thailand (93.0 tons)
3. Indonesia (86.1 tons)
4. Poland (26.8 tons)
5. Germany (22.1 tons)
6. Netherlands (18.3 tons)
7. France (17.5 tons)

Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Greece

In 2022, overseas shipments of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -9.4% to 35 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. As a result, the exports reached the peak of 40 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds fell sharply to $269K in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year.

Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Greece in 2022:

1. Cyprus (14.4 tons)
2. Germany (9.5 tons)
3. Bulgaria (6.8 tons)
4. United States (2.6 tons)
5. Romania (1.2 tons)
6. United Kingdom (0.5 tons)

Source: IndexBox Market Intelligence Platform