Price for Mollusc Preparations; Octopus, Prepared or Preserved in Norway - 2024
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Norway (CIF) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Norway
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Norway (CIF) - 2022
The average import price for mollusc preparations; octopus, prepared or preserveds stood at $16,642 per ton in 2022, with an increase of 7.7% against the previous year. In general, the import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 74%. As a result, import price attained the peak level of $20,263 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($27,486 per ton), while the price for China ($6,546 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Norway
For the fourth year in a row, Norway recorded growth in overseas purchases of mollusc preparations; octopus, prepared or preserveds, which increased by 19% to 6.1 tons in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 76%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds surged to $102K in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 21.4 | 59.6 | 178.5% |
| Thailand | 13.5 | 18.1 | 16.6 | 22.0 | 17.7% |
| Vietnam | 15.1 | 8.3 | 17.5 | 8.8 | -16.5% |
| Portugal | 5.9 | 7.7 | 13.1 | 7.8 | 9.8% |
| China | 0.8 | 5.2 | 6.5 | 2.2 | 40.1% |
| Italy | 8.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.9 | 4.4 | 1.1 | -38.4% |
| Total | 43.7 | 42.1 | 79.5 | 102 | 32.6% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Norway in 2022:
- Spain (3.0 tons)
- Portugal (1.1 tons)
- Thailand (0.8 tons)
- Vietnam (0.7 tons)
- China (0.3 tons)
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