Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy (CIF) - 2023
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy (FOB) - 2023
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy (CIF) - 2023
The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $10,075 per ton in November 2023, falling by -5.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 20% m-o-m. The import price peaked at $15,205 per ton in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Senegal ($20,997 per ton), while the price for Portugal ($3,064 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Senegal (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy (FOB) - 2023
The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $19,293 per ton in November 2023, jumping by 19% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 43% against the previous month. The export price peaked at $25,053 per ton in March 2023; however, from April 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was France ($22,227 per ton), while the average price for exports to Slovakia ($8,512 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy
After three years of growth, overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -9.8% to 1.5K tons in 2022. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, imports attained the peak of 1.7K tons, and then declined in the following year.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine declined to $19M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $21M, and then shrank in the following year.
Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 9.3 | 13.0 | 19.7 | 17.4 | 23.2% |
France | 0.4 | 0.4 | 0.7 | 0.6 | 14.5% |
Portugal | 0.5 | 0.2 | 0.2 | 0.3 | -15.7% |
Greece | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
Mexico | 0.7 | N/A | N/A | N/A | 0% |
Others | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
Total | 11.4 | 13.9 | 21.4 | 18.7 | 17.9% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Italy in 2022:
- Spain (1354.3 tons)
- France (73.6 tons)
- Portugal (39.9 tons)
- Greece (32.7 tons)
Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy
In 2022, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine from Italy soared to 116 tons, picking up by 48% on the previous year's figure. Overall, exports continue to indicate tangible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine skyrocketed to $1.9M in 2022. In general, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 700 | 471 | 876 | 1,569 | 30.9% |
Germany | 316 | 168 | 240 | 176 | -17.7% |
Malta | 1.4 | 0.9 | 15.1 | 52.5 | 234.7% |
Slovakia | 1.1 | 0.2 | 16.2 | 24.9 | 182.9% |
Switzerland | 101 | 7.7 | 26.3 | 15.5 | -46.5% |
Greece | 0.8 | N/A | 18.5 | 13.6 | 157.1% |
Romania | 38.3 | 29.9 | 14.7 | 8.0 | -40.7% |
Luxembourg | 49.5 | 9.5 | 1.6 | 2.8 | -61.6% |
Spain | 35.1 | 10.9 | 0.7 | N/A | -85.9% |
Others | 150 | 84.9 | 61.3 | 73.2 | -21.3% |
Total | 1,393 | 782 | 1,270 | 1,936 | 11.6% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Italy in 2022:
- France (81.4 tons)
- Malta (12.7 tons)
- Germany (10.5 tons)
- Slovakia (3.3 tons)
- Greece (1.9 tons)
- Switzerland (1.1 tons)
- Romania (0.9 tons)
- Luxembourg (0.2 tons)
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Explore the top import markets for molluscs and discover key statistics and numbers. Spain, China, and Italy lead the way in mollusc imports. Find out more with IndexBox.
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