Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal (CIF) - 2023
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal (FOB) - 2022
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal (CIF) - 2023
The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $9,442 per ton in November 2023, with a decrease of -10.3% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 19% against the previous month. The import price peaked at $11,725 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From November 2022 to November 2023, the rate of growth in terms of prices for Spain amounted to +0.0% per month.
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $7,313 per ton, picking up by 16% against the previous year. Overall, the export price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices reached the maximum at $11,236 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($11,610 per ton), while the average price for exports to Spain ($3,032 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.0%), 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 Portugal
In 2022, supplies from abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -26.8% to 352 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 7.4% against the previous year. As a result, imports attained the peak of 650 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 reduced markedly to $3.6M in 2022. Over the period under review, imports showed a abrupt contraction. The smallest decline of -1.6% was in 2021.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.8 | 4.6 | 4.5 | 3.6 | -9.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.8 | 4.6 | 4.5 | 3.6 | -9.1% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Portugal in 2022:
- Spain (352.1 tons)
Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal
In 2022, approx. 32 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were exported from Portugal; increasing by 19% on the year before. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 116%. As a result, the exports reached the peak of 68 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine surged to $235K in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 99.9% against the previous year. As a result, the exports reached the peak of $479K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 105 | 37.7 | 86.4 | -9.3% |
| France | 23.7 | 17.3 | 29.5 | 42.0 | 21.0% |
| Luxembourg | 10.5 | 19.9 | 19.7 | 41.7 | 58.4% |
| Spain | 75.3 | 294 | 57.4 | 30.6 | -25.9% |
| United Kingdom | 5.2 | 8.5 | 13.5 | 11.6 | 30.7% |
| Sao Tome and Principe | 8.0 | 4.0 | 2.1 | 8.0 | 0.0% |
| United States | 8.7 | N/A | 2.6 | 4.0 | -22.8% |
| Italy | 57.7 | N/A | N/A | N/A | 0% |
| Others | 50.2 | 29.3 | 8.7 | 10.7 | -40.3% |
| Total | 239 | 479 | 171 | 235 | -0.6% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Portugal in 2022:
- Spain (10.1 tons)
- Canada (10.0 tons)
- Luxembourg (5.0 tons)
- France (3.6 tons)
- United Kingdom (1.1 tons)
- Sao Tome and Principe (0.9 tons)
- United States (0.7 tons)
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