Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Iraq - 2022
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Iraq (CIF) - 2022
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Iraq
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Iraq (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $3,243 per ton, dropping by -4.4% against the previous year. Overall, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 28%. Over the period under review, average import prices hit record highs at $7,326 per ton in 2012; however, from 2013 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 Lebanon ($6,600 per ton), while the price for Bahrain ($3,118 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+7.5%), 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 Iraq
In 2022, after three years of growth, there was decline in supplies from abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume decreased by -0.2% to 6.6 tons. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 814%.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine fell modestly to $22K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 475% against the previous year.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | N/A | 11.6 | N/A | 19.2 | 28.7% |
| South Korea | 2.1 | 5.3 | 13.6 | 1.2 | -17.0% |
| Turkey | 0.7 | 2.1 | 6.1 | 0.6 | -5.0% |
| Lebanon | 0.5 | 1.1 | 2.6 | 0.2 | -26.3% |
| Others | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Total | 3.6 | 20.5 | 22.6 | 21.6 | 81.7% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Iraq in 2022:
- Bahrain (6.1 tons)
- South Korea (0.3 tons)
- Turkey (0.1 tons)
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