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

Contents:

1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Thailand (CIF) - 2022
2. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Thailand (FOB) - 2022
3. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Thailand
4. Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Thailand

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

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $1,375 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 91%. Over the period under review, average import prices attained the maximum at $7,188 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +52.1% per year.

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

The average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $31,386 per ton in 2022, increasing by 71% against the previous year. Overall, the export price saw a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 248% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($31,422 per ton), while the average price for exports to Australia stood at $18,667 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+27.9%), 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 Thailand

In 2022, after two years of decline, there was decline in purchases abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume decreased by 0% to 27 tons. Over the period under review, imports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $37K in 2022. In general, imports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. China (26.9 tons)

Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Thailand

In 2022, shipments abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -29% to 1.1 tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,918%. As a result, the exports reached the peak of 1.5 tons, and then reduced rapidly in the following year.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine skyrocketed to $34K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 10,412%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Thailand in 2022:

1. United States (1069.0 kg)

Source: IndexBox Market Intelligence Platform