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

Contents:

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

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

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $7,239 per ton, increasing by 11% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine increased by +65.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49% against the previous year. Over the period under review, average import prices attained the peak figure at $8,277 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($16,967 per ton), while the price for Vietnam ($4,899 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -48.5% to 13 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 370% against the previous year. As a result, imports reached the peak of 26 tons, and then fell markedly in the following year.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine fell rapidly to $97K in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 601%. As a result, imports attained the peak of $170K, and then contracted dramatically in the following year.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/A7.941.363.7184.0%
United Arab Emirates2.97.01149.749.6%
Netherlands2.83.14.98.343.7%
Vietnam5.84.85.77.38.0%
Egypt0.50.73.05.9127.7%
Lebanon0.70.81.22.144.2%
OthersN/AN/AN/AN/A0%
Total12.724.217097.096.9%

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

  1. Bahrain (9.6 tons)
  2. Vietnam (1.5 tons)
  3. United Arab Emirates (1.1 tons)
  4. Netherlands (0.5 tons)
  5. Egypt (0.5 tons)
  6. Lebanon (0.3 tons)

Source: IndexBox Market Intelligence Platform

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