Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bangladesh - 2022
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bangladesh (CIF) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Bangladesh
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Bangladesh (CIF) - 2022
The average import price for mollusc preparations; octopus, prepared or preserveds stood at $7,169 per ton in 2022, remaining stable against the previous year. Overall, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 24%. As a result, import price attained the peak level of $19,132 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($34,775 per ton), while the price for Thailand totaled $786 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.3%).
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Bangladesh
In 2022, purchases abroad of mollusc preparations; octopus, prepared or preserveds decreased by 0% to 213 kg, falling for the second consecutive year after two years of growth. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 192% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds amounted to $1.5K in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 264%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 1,391 | 0% |
| Thailand | 7.0 | N/A | N/A | 136 | 168.8% |
| Singapore | 193 | 727 | N/A | N/A | 276.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 200 | 727 | N/A | 1,527 | 96.9% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Bangladesh in 2022:
- Thailand (173.0 kg)
- Spain (40.0 kg)
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