Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Norway - 2024

Contents:

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

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

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $5,352 per ton, picking up by 6.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 27%. Over the period under review, average import prices reached the peak figure at $5,658 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($34,010 per ton), while the price for Spain ($3,443 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.6%), 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 Norway (FOB) - 2022

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $6,250 per ton, waning by -27.8% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 351% against the previous year. The export price peaked at $45,370 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +10.0% per year.

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

Imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Norway soared to 86 tons in 2022, growing by 38% compared with 2021. In general, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% 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 +56.6% against 2020 indices. As a result, imports reached 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 surged to $458K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Spain (44.5 tons)
2. Malaysia (17.7 tons)
3. Denmark (14.3 tons)
4. Vietnam (4.2 tons)
5. Peru (2.2 tons)

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

In 2022, shipments abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -99.3% to 60 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 10,636%. As a result, the exports reached the peak of 8.6 tons, and then fell rapidly in the following year.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds shrank dramatically to $375 in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 9,318%. As a result, the exports reached the peak of $74K, and then declined dramatically in the following year.

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

1. Namibia (60.0 kg)

Source: IndexBox Market Intelligence Platform