Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States - 2024
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States (CIF) - 2024
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States (FOB) - 2024
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States (CIF) - 2024
In September 2023, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $8,120 per ton, rising by 5.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 13% month-to-month. The import price peaked at $8,470 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($16,890 per ton), while the price for China ($5,736 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Peru (+7.1%), 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 the United States (FOB) - 2024
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $2,612 per ton in September 2023, declining by -61.5% against the previous month. In general, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 8.7% against the previous month. Over the period under review, the average export prices reached the maximum at $8,121 per ton in April 2023; however, from May 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 Canada ($8,629 per ton), while the average price for exports to the Dominican Republic ($1,200 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cayman Islands (0.0%), 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 the United States
In 2022, purchases abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -6% to 11K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +35.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 11K tons, and then contracted in the following year.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds dropped slightly to $84M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +42.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of $86M, and then contracted slightly in the following year.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.1 | 11.7 | 15.3 | 14.2 | 0.2% |
| Spain | 14.1 | 14.4 | 18.1 | 14.2 | 0.2% |
| Thailand | 5.6 | 6.3 | 10.2 | 14.1 | 36.0% |
| Peru | 3.9 | 6.0 | 9.5 | 10.6 | 39.6% |
| Indonesia | 3.5 | 4.9 | 6.4 | 6.5 | 22.9% |
| South Korea | 4.7 | 5.6 | 6.7 | 6.5 | 11.4% |
| Taiwan (Chinese) | 4.1 | 4.3 | 5.5 | 4.9 | 6.1% |
| Others | 9.2 | 9.1 | 13.7 | 13.3 | 13.1% |
| Total | 59.2 | 62.3 | 85.6 | 84.2 | 12.5% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to the United States in 2022:
- China (2.4K tons)
- Spain (2.0K tons)
- Peru (1.8K tons)
- Thailand (1.4K tons)
- Indonesia (0.7K tons)
- South Korea (0.5K tons)
- Taiwan (Chinese) (0.4K tons)
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States
In 2022, overseas shipments of mollusc preparations; cuttle fish and squid, prepared or preserveds increased by 90% to 909 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds soared to $5.2M in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,075 | 925 | 963 | 4,601 | 62.4% |
| Peru | N/A | N/A | N/A | 347 | 0% |
| Cayman Islands | 73.0 | 15.6 | 31.2 | 74.1 | 0.5% |
| Mexico | 23.1 | 3.2 | 66.2 | 10.2 | -23.9% |
| Spain | N/A | 39.5 | N/A | 10.0 | -49.7% |
| Bahamas | 27.6 | N/A | 26.2 | 9.9 | -28.9% |
| Guatemala | 14.6 | 4.3 | 54.7 | 9.8 | -12.4% |
| Belgium | N/A | N/A | 90.0 | N/A | 0% |
| Germany | 411 | 252 | 42.5 | N/A | -67.8% |
| France | 518 | 295 | 54.2 | N/A | -67.7% |
| Others | 173 | 44.5 | 95.4 | 150 | -4.6% |
| Total | 2,314 | 1,579 | 1,424 | 5,211 | 31.1% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from the United States in 2022:
- Canada (462.2 tons)
- Peru (293.4 tons)
- Cayman Islands (49.3 tons)
- Mexico (8.6 tons)
- Bahamas (8.4 tons)
- Guatemala (8.3 tons)
- Spain (4.2 tons)
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