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

Contents:

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

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

In 2022, the average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $10,233 per ton, with an increase of 17% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.3% 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 +23.0% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 67%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($10,364 per ton), while the price for South Korea stood at $9,663 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.5%).

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

In 2022, overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -59.2% to 1.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 138% against the previous year. As a result, imports reached the peak of 6.1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine dropped notably to $17K in 2022. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 134% against the previous year. As a result, imports reached the peak of $50K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile21.550.435.114.0-13.3%
South KoreaN/AN/A0.63.0400.0%
OthersN/AN/AN/AN/A0%
Total21.550.435.717.0-7.5%

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

  1. Chile (1350.0 kg)
  2. South Korea (312.0 kg)

Source: IndexBox Market Intelligence Platform

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