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

Contents:

1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Netherlands (FOB) - 2023
2. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Netherlands (CIF) - 2022
3. Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Netherlands
4. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in the Netherlands

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

In November 2023, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $13,301 per ton, approximately equating the previous month. Overall, export price indicated a pronounced increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine increased by +65.4% against September 2023 indices. The pace of growth appeared the most rapid in October 2023 an increase of 63% against the previous month. The export price peaked at $15,344 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Italy ($22,322 per ton), while the average price for exports to Panama ($4,236 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.6%), 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 the Netherlands (CIF) - 2022

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $7,569 per ton in 2022, waning by -18.1% against the previous year. In general, the import price, however, showed a moderate increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 33% against the previous year. The import price peaked at $9,238 per ton in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($8,057 per ton), while the price for Belgium ($4,768 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 158 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were exported from the Netherlands; with an increase of 23% on 2021. Over the period under review, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 195%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine surged to $1.4M in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 289%. The exports peaked in 2022 and are likely to continue growth in the near future.

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

1. United Arab Emirates (32.7 tons)
2. Belgium (24.8 tons)
3. Finland (14.2 tons)
4. Qatar (11.5 tons)
5. Portugal (10.2 tons)
6. Cyprus (8.3 tons)
7. Italy (7.2 tons)
8. Germany (5.9 tons)
9. Turkey (5.0 tons)
10. Estonia (4.8 tons)
11. Aruba (4.1 tons)
12. South Korea (4.1 tons)
13. Spain (4.1 tons)

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

In 2022, approx. 164 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were imported into the Netherlands; picking up by 94% on the previous year's figure. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 109%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine surged to $1.2M in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 158% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Spain (138.7 tons)
2. Germany (4.0 tons)
3. Italy (3.5 tons)

Source: IndexBox Market Intelligence Platform