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

Contents:

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

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

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $6,639 per ton, rising by 5.6% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the peak figure at $7,932 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($27,206 per ton), while the price for Spain ($4,691 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.6%), 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 Sweden (FOB) - 2022

The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $13,886 per ton in 2022, reducing by -9.3% against the previous year. Overall, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 142% against the previous year. As a result, the export price attained the peak level of $17,015 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($18,667 per ton), while the average price for exports to Norway ($13,070 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 Norway (+18.2%), 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 Sweden

For the fourth year in a row, Sweden recorded growth in purchases abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds, which increased by 58% to 134 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 106%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds soared to $891K in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 96% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Spain (75.2 tons)
2. Denmark (33.7 tons)
3. Germany (10.1 tons)
4. France (5.1 tons)
5. Thailand (4.2 tons)
6. Netherlands (3.1 tons)
7. China (2.4 tons)

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

After two years of decline, shipments abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds increased by 12% to 132 kg in 2022. Over the period under review, exports, however, recorded a significant decline.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds reached $1.8K in 2022. In general, exports, however, continue to indicate a mild contraction. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of $2.3K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Denmark (66.0 kg)
2. Norway (57.0 kg)
3. Iceland (9.0 kg)

Source: IndexBox Market Intelligence Platform