Price for Mollusc Preparations; Octopus, Prepared or Preserved in South Africa - 2024
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in South Africa (FOB) - 2022
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in South Africa (CIF) - 2022
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in South Africa
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in South Africa
Price for Mollusc Preparations; Octopus, Prepared or Preserved in South Africa (FOB) - 2022
In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $7,990 per ton, increasing by 170% against the previous year. Over the period under review, the export price enjoyed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($12,536 per ton), while the average price for exports to Namibia ($2,398 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 Nigeria (+80.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in South Africa (CIF) - 2022
The average import price for mollusc preparations; octopus, prepared or preserveds stood at $4,638 per ton in 2022, shrinking by -59% against the previous year. In general, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by 2,064%. As a result, import price reached the peak level of $21,643 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
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 Spain ($6,143 per ton), while the price for China ($1,158 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.4%), while the prices for the other major suppliers experienced a decline.
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in South Africa
In 2022, exports of mollusc preparations; octopus, prepared or preserveds from South Africa skyrocketed to 3.2 tons, increasing by 362% against the previous year's figure. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds soared to $25K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | 0.3 | 23.8 | 7833.3% |
| Nigeria | 0.3 | N/A | 0.3 | 1.4 | 67.1% |
| Namibia | 1.3 | 1.2 | 1.4 | 0.2 | -46.4% |
| Ghana | 1.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.9 | 1.2 | 2.0 | 25.4 | 106.1% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from South Africa in 2022:
- Democratic Republic of the Congo (3.0 tons)
- Nigeria (0.1 tons)
- Namibia (0.1 tons)
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in South Africa
After three years of growth, supplies from abroad of mollusc preparations; octopus, prepared or preserveds decreased by -81.9% to 486 kg in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 19,036%. As a result, imports attained the peak of 2.7 tons, and then declined sharply in the following year.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds declined dramatically to $2.3K in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 30,200%.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 1.7 | 0% |
| Spain | N/A | 0.1 | 30.3 | 0.4 | 100.0% |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | N/A | 0.3 | 30.3 | 2.3 | 176.9% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to South Africa in 2022:
- Hong Kong SAR (277.0 kg)
- China (139.0 kg)
- Spain (70.0 kg)
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