Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Guatemala - 2023

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Guatemala (CIF) - 2022
  2. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Guatemala

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Guatemala (CIF) - 2022

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $7,738 per ton, growing by 44% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($9,898 per ton), while the price for the Philippines ($6,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+79.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Guatemala

In 2022, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine into Guatemala dropped markedly to 7.6 tons, waning by -45.4% against 2021 figures. Over the period under review, imports saw a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, imports reached the peak of 14 tons, and then contracted significantly in the following year.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine reduced remarkably to $59K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of $74K, and then shrank sharply in the following year.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A7.233.1359.7%
VietnamN/AN/AN/A8.80%
ChileN/AN/AN/A7.80%
United States43.043.267.16.9-45.7%
PhilippinesN/AN/AN/A1.90%
OthersN/AN/AN/AN/A0%
Total43.043.274.358.510.8%

Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Guatemala in 2022:

  1. India (4.6 tons)
  2. Vietnam (1.0 tons)
  3. United States (0.9 tons)
  4. Chile (0.8 tons)
  5. Philippines (0.3 tons)

Source: IndexBox Market Intelligence Platform

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