Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands - 2023

Contents:

1. Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands (FOB) - 2023
2. Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands (CIF) - 2023
3. Exports of Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands
4. Imports of Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands

Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands (FOB) - 2023

In September 2023, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $22,020 per ton, shrinking by -12% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +3.0%. The pace of growth was the most pronounced in August 2023 when the average export price increased by 47% against the previous month. As a result, the export price reached the peak level of $25,017 per ton, and then shrank in the following month.

As there is only one major export destination, the average price level is determined by prices for the UK.

From November 2022 to September 2023, the rate of growth in terms of prices for Belgium amounted to +7.1% per month.

Price for Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands (CIF) - 2023

In September 2023, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $18,743 per ton, stabilizing at the previous month. Overall, the import price recorded a slight downturn. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 51% against the previous month. The import price peaked at $23,972 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($25,877 per ton), while the price for China stood at $6,013 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands

Exports of mollusc preparations; octopus, prepared or preserveds from the Netherlands fell to 78 tons in 2022, reducing by -10.4% compared with 2021 figures. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 29%.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds fell rapidly to $1.5M in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $1.8M, and then contracted notably in the following year.

Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from the Netherlands in 2022:

1. Germany (27.8 tons)
2. Belgium (14.8 tons)
3. France (7.9 tons)
4. Italy (5.9 tons)
5. Spain (5.7 tons)
6. United States (3.9 tons)
7. United Kingdom (2.6 tons)
8. Austria (1.2 tons)
9. Finland (0.8 tons)
10. Sweden (0.7 tons)

Imports of Mollusc Preparations; Octopus, Prepared or Preserved in the Netherlands

In 2022, purchases abroad of mollusc preparations; octopus, prepared or preserveds was finally on the rise to reach 86 tons after two years of decline. In general, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds soared to $1.4M in 2022. Overall, imports continue to indicate a relatively flat trend pattern.

Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to the Netherlands in 2022:

1. Vietnam (30.8 tons)
2. China (30.3 tons)
3. Germany (10.1 tons)
4. Italy (7.1 tons)
5. United Kingdom (3.3 tons)
6. Belgium (2.8 tons)

Source: IndexBox Market Intelligence Platform