Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka - 2022
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka (FOB) - 2022
The average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $7,093 per ton in 2022, shrinking by -21.8% against the previous year. Overall, the export price, however, continues to indicate noticeable growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 41%. As a result, the export price attained the peak level of $9,336 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($13,329 per ton), while the average price for exports to Maldives ($6,718 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 Germany (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $14,179 per ton, dropping by -6.2% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of 49% against the previous year. Over the period under review, average import prices hit record highs at $15,113 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($28,676 per ton), while the price for Australia totaled $4,931 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.3%).
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka
Exports of molluscs; octopus (octopus spp.), live, fresh or chilleds from Sri Lanka surged to 3.1 tons in 2022, picking up by 29% on 2021. Overall, exports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $22K in 2022. In general, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 55%.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 13.8 | 1.8 | 11.6 | 19.3 | 11.8% |
| United Kingdom | 3.6 | 0.9 | 0.3 | 1.9 | -19.2% |
| Georgia | 0.4 | 0.1 | 0.1 | 1.1 | 40.1% |
| Thailand | N/A | 9.2 | N/A | N/A | 0% |
| Vietnam | 10.9 | N/A | N/A | N/A | 0% |
| Germany | 4.8 | 0.9 | 2.1 | N/A | -33.9% |
| Others | 8.7 | 1.3 | 8.0 | N/A | -4.1% |
| Total | 42.2 | 14.2 | 22.1 | 22.3 | -19.2% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Sri Lanka in 2022:
- Maldives (2.9 tons)
- United Kingdom (0.2 tons)
- Georgia (0.1 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka
In 2022, supplies from abroad of molluscs; octopus (octopus spp.), live, fresh or chilleds decreased by -36.7% to 190 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 275% against the previous year. As a result, imports attained the peak of 300 kg, and then fell rapidly in the following year.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds fell dramatically to $2.7K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 430%. As a result, imports attained the peak of $4.5K, and then dropped remarkably in the following year.
| Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 219 | 568 | 349 | 2,122 | 113.2% |
| Australia | 152 | 287 | 129 | 572 | 55.5% |
| Japan | N/A | N/A | 4,056 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 371 | 855 | 4,534 | 2,694 | 93.6% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Sri Lanka in 2022:
- Australia (116.0 kg)
- India (74.0 kg)
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