Price for Mollusc Preparations; Octopus, Prepared or Preserved in Turkey - 2024
Contents:
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Turkey (CIF) - 2022
- Price for Mollusc Preparations; Octopus, Prepared or Preserved in Turkey (FOB) - 2022
- Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Turkey
- Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Turkey
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Turkey (CIF) - 2022
In 2022, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $10,608 per ton, reducing by -5.2% against the previous year. Over the period under review, the import price recorded a pronounced reduction. The growth pace was the most rapid in 2021 an increase of 76%. Over the period under review, average import prices hit record highs at $14,680 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($16,768 per ton), while the price for Tanzania totaled $4,722 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mollusc Preparations; Octopus, Prepared or Preserved in Turkey (FOB) - 2022
In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $21,867 per ton, dropping by -1.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 66% against the previous year. As a result, the export price reached the peak level of $27,235 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($22,086 per ton), while the average price for exports to Georgia totaled $21,756 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+13.4%).
Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Turkey
Imports of mollusc preparations; octopus, prepared or preserveds into Turkey skyrocketed to 37 tons in 2022, jumping by 279% on 2021 figures. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of mollusc preparations; octopus, prepared or preserveds skyrocketed to $394K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mollusc Preparations; Octopus, Prepared or Preserved in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 38.3 | N/A | 104 | 305 | 99.7% |
| Tanzania | N/A | 37.2 | 5.4 | 89.8 | 55.4% |
| China | 19.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 58.1 | 37.2 | 110 | 394 | 89.3% |
Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Turkey in 2022:
- Tanzania (19.0 tons)
- Spain (18.2 tons)
Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Turkey
After two years of decline, shipments abroad of mollusc preparations; octopus, prepared or preserveds increased by 1.8% to 555 kg in 2022. Overall, exports, however, continue to indicate a noticeable curtailment.
In value terms, exports of mollusc preparations; octopus, prepared or preserveds reached $12K in 2022. Over the period under review, exports, however, saw a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 4.7% against the previous year.
| Export of Mollusc Preparations; Octopus, Prepared or Preserved in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 12.4 | 9.8 | 8.9 | 8.0 | -13.6% |
| Cyprus | N/A | 1.5 | 3.3 | 4.1 | 65.3% |
| Azerbaijan | 1.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 13.4 | 11.6 | 12.1 | 12.1 | -3.3% |
Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Turkey in 2022:
- Georgia (369.0 kg)
- Cyprus (186.0 kg)
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