Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Pakistan - 2022

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Pakistan (FOB) - 2022
  2. Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Pakistan

Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Pakistan (FOB) - 2022

In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $4,473 per ton, dropping by -23.8% against the previous year. In general, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 91% against the previous year. As a result, the export price attained the peak level of $5,873 per ton, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($8,556 per ton), while the average price for exports to the United Arab Emirates ($3,048 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 United Arab Emirates (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Pakistan

In 2022, shipments abroad of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -51% to 901 kg, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 542,938%. As a result, the exports attained the peak of 87 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds fell sharply to $4K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 524,306%. As a result, the exports attained the peak of $267K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/A25810.13.8-87.9%
QatarN/A2.40.40.2-71.1%
United Arab EmiratesN/A1.10.20.1-69.8%
OthersN/A5.60.1N/A-98.2%
Total0.126710.84.0242.0%

Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Pakistan in 2022:

  1. Vietnam (861.0 kg)
  2. United Arab Emirates (21.0 kg)
  3. Qatar (18.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Molluscs; octopus (octopus spp.), live, fresh or chilled - Pakistan