Price for Mollusc Preparations; Octopus, Prepared or Preserved in Spain - 2023
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Spain (FOB) - 2023
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Spain (CIF) - 2023
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Spain
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Spain
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Spain (FOB) - 2023
In September 2023, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $16,678 per ton, waning by -1.5% against the previous month. In general, the export price recorded a noticeable shrinkage. The growth pace was the most rapid in April 2023 an increase of 7.4% against the previous month. The export price peaked at $20,202 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was the UK ($31,590 per ton), while the average price for exports to the United States ($14,334 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.5%), while the prices for the other major destinations experienced a decline.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Spain (CIF) - 2023
The average import price for mollusc preparations; octopus, prepared or preserveds stood at $10,284 per ton in September 2023, almost unchanged from the previous month. Overall, the import price posted slight growth. The pace of growth was the most pronounced in April 2023 when the average import price increased by 135% month-to-month. The import price peaked at $10,973 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($44,746 per ton), while the price for the Netherlands ($7,163 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+132.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Spain
Exports of mollusc preparations; octopus, prepared or preserveds from Spain declined to 5.1K tons in 2022, with a decrease of -5.1% against the previous year. In general, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year. As a result, the exports reached the peak of 5.4K tons, and then declined in the following year.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds fell modestly to $86M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 120% against the previous year. As a result, the exports attained the peak of $87M, and then shrank slightly in the following year.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.2 | 12.0 | 31.0 | 31.5 | 22.3% |
| Italy | 6.5 | 6.0 | 15.7 | 14.7 | 31.3% |
| France | 5.9 | 6.3 | 11.2 | 11.4 | 24.6% |
| Portugal | 1.9 | 3.1 | 7.9 | 7.2 | 55.9% |
| Germany | 1.3 | 4.1 | 7.6 | 6.2 | 68.3% |
| United Kingdom | 0.8 | 1.0 | 2.2 | 2.9 | 53.6% |
| Switzerland | 1.8 | 0.6 | 0.5 | 0.4 | -39.4% |
| Others | 6.3 | 6.6 | 11.2 | 11.8 | 23.3% |
| Total | 41.6 | 39.7 | 87.3 | 86.1 | 27.4% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Spain in 2022:
- United States (1968.6 tons)
- Italy (1016.1 tons)
- France (592.3 tons)
- Portugal (453.5 tons)
- Germany (345.3 tons)
- United Kingdom (122.4 tons)
- Switzerland (28.6 tons)
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Spain
In 2022, the amount of mollusc preparations; octopus, prepared or preserveds imported into Spain amounted to 372 tons, approximately reflecting the previous year. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 405% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds amounted to $3.8M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 349%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 180 | 131 | 611 | 1,705 | 111.6% |
| United States | N/A | N/A | N/A | 940 | 0% |
| France | 12.8 | 21.9 | 1,585 | 498 | 238.8% |
| Indonesia | 499 | 411 | 443 | 494 | -0.3% |
| Italy | 46.6 | 45.8 | 583 | 65.7 | 12.1% |
| Netherlands | 11.1 | 47.2 | 50.9 | 29.2 | 38.0% |
| China | 91.0 | N/A | 74.3 | 20.8 | -38.9% |
| Others | 31.8 | 94.3 | 28.3 | 56.2 | 20.9% |
| Total | 873 | 751 | 3,376 | 3,809 | 63.4% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Spain in 2022:
- Portugal (185.5 tons)
- United States (74.4 tons)
- France (63.2 tons)
- Indonesia (27.8 tons)
- Italy (6.5 tons)
- Netherlands (5.3 tons)
- China (4.6 tons)
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