Price for Mollusc Preparations; Octopus, Prepared or Preserved in Greece - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Greece (CIF) - 2023
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Greece (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Greece
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Greece
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Greece (CIF) - 2023
The average import price for mollusc preparations; octopus, prepared or preserveds stood at $19,841 per ton in September 2023, which is down by -6% against the previous month. Over the period under review, import price indicated resilient growth from December 2022 to September 2023: its price increased at an average monthly rate of +6.4% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for mollusc preparations; octopus, prepared or preserveds decreased by -18.5% against July 2023 indices. The pace of growth appeared the most rapid in March 2023 an increase of 48% against the previous month. The import price peaked at $24,341 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From December 2022 to September 2023, the rate of growth in terms of prices for Italy amounted to +18.8% per month.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Greece (FOB) - 2022
In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $12,212 per ton, growing by 2% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2017 an increase of 33%. Over the period under review, the average export prices reached the peak figure at $12,934 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($25,571 per ton), while the average price for exports to Italy ($5,942 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 Australia (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Greece
In 2022, approx. 176 tons of mollusc preparations; octopus, prepared or preserveds were imported into Greece; increasing by 49% on 2021. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 372%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds soared to $2.5M in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 636% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 95.8 | 34.7 | 1,371 | 1,730 | 162.4% |
| Italy | 300 | 134 | 100 | 557 | 22.9% |
| France | 11.7 | 6.2 | N/A | 108 | 109.8% |
| Indonesia | 54.3 | 22.9 | 19.1 | 76.2 | 12.0% |
| Netherlands | 2.2 | 0.1 | 29.4 | 1.3 | -16.1% |
| Thailand | 59.0 | 20.0 | 36.7 | N/A | -21.1% |
| Others | 5.2 | 1.1 | 57.0 | 16.4 | 46.6% |
| Total | 528 | 219 | 1,614 | 2,489 | 67.7% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Greece in 2022:
- Spain (115.3 tons)
- Italy (36.3 tons)
- France (11.8 tons)
- Indonesia (10.8 tons)
- Netherlands (0.2 tons)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Greece
Exports of mollusc preparations; octopus, prepared or preserveds from Greece contracted dramatically to 63 tons in 2022, with a decrease of -61.5% on 2021. Overall, exports showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when exports increased by 196% against the previous year. As a result, the exports reached the peak of 162 tons, and then shrank sharply in the following year.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds fell markedly to $764K in 2022. Over the period under review, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 213%. As a result, the exports reached the peak of $1.9M, and then reduced sharply in the following year.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 111 | 147 | 210 | 185 | 18.6% |
| Bulgaria | 7.3 | 23.0 | 152 | 103 | 141.6% |
| Spain | N/A | N/A | 16.6 | 86.9 | 423.5% |
| Belgium | 9.9 | 12.0 | 297 | 83.7 | 103.7% |
| Germany | 62.4 | 87.4 | 153 | 81.1 | 9.1% |
| Romania | 8.4 | 64.9 | 261 | 62.5 | 95.2% |
| Italy | 1.1 | 12.4 | 37.8 | 46.9 | 249.3% |
| Ireland | N/A | 16.1 | 41.1 | 22.7 | 18.7% |
| Czech Republic | 32.6 | N/A | 46.8 | 21.6 | -12.8% |
| France | 117 | 129 | 538 | 19.7 | -44.8% |
| Australia | 129 | N/A | N/A | 6.2 | -63.6% |
| United Kingdom | 196 | 111 | 15.2 | 5.4 | -69.8% |
| Others | 49.3 | 18.9 | 176 | 40.3 | -6.5% |
| Total | 724 | 622 | 1,945 | 764 | 1.8% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Greece in 2022:
- Cyprus (15.1 tons)
- Spain (9.6 tons)
- Belgium (8.1 tons)
- Italy (7.9 tons)
- Bulgaria (7.2 tons)
- Germany (3.6 tons)
- Romania (2.9 tons)
- Czech Republic (2.1 tons)
- Ireland (2.1 tons)
- France (1.4 tons)
- United Kingdom (0.4 tons)
- Australia (0.3 tons)
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