Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam - 2022
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam
- Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam
Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $4,744 per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2014 an increase of 20%. As a result, the export price reached the peak level of $5,161 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($4,807 per ton), while the average price for exports to the United States stood at $4,045 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.5%), 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 Vietnam (CIF) - 2022
The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $1,769 per ton in 2022, declining by -50.1% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 170%. Over the period under review, average import prices attained the peak figure at $4,708 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +14.0% per year.
Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam
After three years of growth, overseas shipments of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine decreased by -1.7% to 38K tons in 2022. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 3.6% against the previous year.
In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine shrank to $182M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 5.2% against the previous year. As a result, the exports reached the peak of $186M, and then declined slightly in the following year.
| Export of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 114 | 170 | 179 | 168 | 13.8% |
| United States | 17.5 | 6.0 | 5.7 | 11.6 | -12.8% |
| Thailand | 28.0 | N/A | N/A | N/A | 0% |
| Others | 8.2 | 0.9 | 1.7 | 1.6 | -42.0% |
| Total | 168 | 177 | 186 | 182 | 2.7% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from Vietnam in 2022:
- Japan (35.0K tons)
- United States (2.9K tons)
Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam
In 2022, after two years of decline, there was significant growth in overseas purchases of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume increased by 146% to 571 tons. Over the period under review, imports, however, continue to indicate a abrupt setback.
In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine skyrocketed to $1M in 2022. In general, imports, however, faced a sharp decrease.
| Import of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.8 | 0.6 | 0.8 | 1.0 | -29.1% |
| Angola | N/A | 0.6 | N/A | N/A | 0% |
| Oman | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.1 | 1.2 | 0.8 | 1.0 | -31.4% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to Vietnam in 2022:
- India (571.3 tons)
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