Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain - 2023
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain (FOB) - 2023
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain (CIF) - 2023
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain (FOB) - 2023
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $3,972 per ton in September 2023, with an increase of 2.8% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 10% month-to-month. Over the period under review, the average export prices hit record highs at $4,102 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($8,543 per ton), while the average price for exports to France ($2,825 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain (CIF) - 2023
In September 2023, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $4,197 per ton, jumping by 52% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $4,601 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Chile ($25,538 per ton), while the price for Peru ($3,808 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Chile (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain
Exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from Spain stood at 31K tons in 2022, increasing by 9.6% against 2021. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $111M in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 29.7 | 25.3 | 28.2 | 35.4 | 6.0% |
| United States | 16.6 | 19.7 | 23.5 | 16.9 | 0.6% |
| Italy | 13.0 | 12.5 | 13.2 | 12.4 | -1.6% |
| Germany | 6.7 | 7.9 | 8.5 | 10.6 | 16.5% |
| Portugal | 4.9 | 5.7 | 6.7 | 6.6 | 10.4% |
| United Kingdom | 1.6 | 2.6 | 4.4 | 4.0 | 35.7% |
| Belgium | 2.8 | 2.2 | 2.9 | 3.8 | 10.7% |
| Netherlands | 2.1 | 2.3 | 1.9 | 2.8 | 10.1% |
| Greece | 1.4 | 1.4 | 1.5 | 2.6 | 22.9% |
| Serbia | 0.9 | 0.9 | 1.2 | 1.3 | 13.0% |
| Others | 10.6 | 11.4 | 12.0 | 14.6 | 11.3% |
| Total | 90.3 | 91.9 | 104 | 111 | 7.1% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Spain in 2022:
- France (13.6K tons)
- Italy (2.8K tons)
- Germany (2.5K tons)
- United States (2.4K tons)
- Portugal (1.6K tons)
- Greece (1.1K tons)
- Belgium (1.0K tons)
- Netherlands (0.9K tons)
- United Kingdom (0.8K tons)
- Serbia (0.5K tons)
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain
After three years of growth, supplies from abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -43% to 1.8K tons in 2022. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 24%. As a result, imports attained the peak of 3.1K tons, and then reduced rapidly in the following year.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds shrank dramatically to $6.7M in 2022. In general, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $9.7M, and then fell sharply in the following year.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 6.8 | 7.3 | 7.5 | 4.9 | -10.3% |
| Chile | N/A | N/A | 0.4 | 0.4 | 0.0% |
| Portugal | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| Thailand | 0.2 | 0.3 | 0.6 | 0.4 | 26.0% |
| France | 0.7 | 0.1 | 0.1 | 0.1 | -47.7% |
| Others | 1.0 | 0.5 | 0.7 | 0.5 | -20.6% |
| Total | 8.9 | 8.4 | 9.7 | 6.7 | -9.0% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Spain in 2022:
- Peru (1501.1 tons)
- Chile (64.1 tons)
- Portugal (59.0 tons)
- Thailand (45.5 tons)
- France (22.8 tons)
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