Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya - 2022
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya (FOB) - 2022
In December 2021, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $5,610 per ton, surging by 39% against the previous month. Overall, export price indicated strong growth from January 2021 to December 2021: its price increased at an average monthly rate of +6.5% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine increased by +145.3% against August 2021 indices. The growth pace was the most rapid in September 2021 an increase of 67% m-o-m. Over the period under review, the average export prices attained the peak figure in December 2021.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Italy ($8,365 per ton), while the average price for exports to the Netherlands ($2,502 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $6,161 per ton, with a decrease of -78.6% against the previous year. Over the period under review, the import price, however, showed temperate growth. The pace of growth appeared the most rapid in 2018 an increase of 34%. Over the period under review, average import prices attained the peak figure at $28,727 per ton in 2021, and then contracted markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Senegal amounted to +23.6% per year.
Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya
In 2022, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine from Kenya soared to 1.3K tons, picking up by 28% against the previous year's figure. In general, exports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 64%.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine surged to $6.2M in 2022. Overall, exports recorded temperate growth. The growth pace was the most rapid in 2021 with an increase of 89%. Over the period under review, the exports of attained 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 Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3,081 | 1,326 | 2,473 | 3,263 | 1.9% |
| Netherlands | 791 | 296 | 515 | 1,250 | 16.5% |
| France | 154 | 108 | 91.8 | 626 | 59.6% |
| Spain | 50.3 | 120 | 156 | 538 | 120.3% |
| Greece | 290 | 56.6 | 417 | 178 | -15.0% |
| Malta | 69.3 | 19.1 | 106 | 143 | 27.3% |
| Portugal | 764 | 73.3 | 98.8 | 132 | -44.3% |
| South Korea | 228 | 232 | 297 | N/A | 14.1% |
| Others | 87.1 | 59.5 | 165 | 37.4 | -24.6% |
| Total | 5,514 | 2,290 | 4,320 | 6,167 | 3.8% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Kenya in 2022:
- Italy (496.6 tons)
- Netherlands (340.4 tons)
- France (214.0 tons)
- Spain (98.6 tons)
- Malta (60.5 tons)
- Greece (37.9 tons)
- Portugal (18.6 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya
For the third year in a row, Kenya recorded decline in supplies from abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, which decreased by -94.4% to 1.3 tons in 2022. Over the period under review, imports faced a sharp decline. The smallest decline of -6.4% was in 2021.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine reduced notably to $8.3K in 2022. Overall, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 13.3 | 13.7 | 18.7 | 8.3 | -14.5% |
| Senegal | 467 | 560 | 673 | N/A | 20.0% |
| Others | 0.6 | 2.7 | N/A | N/A | 350.0% |
| Total | 481 | 577 | 692 | 8.3 | -74.2% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Kenya in 2022:
- Tanzania (1.3 tons)
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