Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK (FOB) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK (CIF) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $4,072 per ton, declining by -9.7% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 74%. As a result, the export price attained the peak level of $4,510 per ton, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4,166 per ton), while the average price for exports to Spain ($1,250 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 Netherlands (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK (CIF) - 2022
In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $12,163 per ton, with an increase of 18% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for molluscs; octopus (octopus spp.), live, fresh or chilleds increased by +40.5% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 33%. The import price peaked at $14,847 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Portugal ($16,149 per ton), while the price for Senegal ($10,140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.6%), while the prices for the other major suppliers experienced a decline.
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK
In 2022, overseas shipments of molluscs; octopus (octopus spp.), live, fresh or chilleds were finally on the rise to reach 32 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a dramatic setback.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds surged to $132K in 2022. In general, exports, however, showed a precipitous slump.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 41.5 | 4.2 | 81.4 | 127 | 45.2% |
| Netherlands | N/A | N/A | N/A | 3.5 | 0% |
| Spain | 175 | 102 | N/A | 1.2 | -81.0% |
| Denmark | 6.9 | 12.5 | N/A | N/A | 81.2% |
| Italy | 124 | N/A | N/A | N/A | 0% |
| Others | 5.4 | 9.7 | N/A | 0.1 | -73.5% |
| Total | 353 | 129 | 81.4 | 132 | -28.0% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from the UK in 2022:
- France (30.5 tons)
- Netherlands (0.9 tons)
- Spain (0.9 tons)
Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK
In 2022, approx. 10 tons of molluscs; octopus (octopus spp.), live, fresh or chilleds were imported into the UK; with a decrease of -84.2% compared with 2021. In general, imports faced a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 51%.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds declined rapidly to $125K in 2022. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, imports attained the peak of $672K, and then declined notably in the following year.
| Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 474 | 323 | 483 | 106 | -39.3% |
| Portugal | N/A | N/A | N/A | 11.6 | 0% |
| Senegal | N/A | 1.1 | 12.7 | 2.8 | 59.5% |
| Germany | N/A | 39.5 | 15.3 | N/A | -61.3% |
| Vietnam | N/A | N/A | 106 | N/A | 0% |
| Netherlands | 102 | 4.4 | 41.1 | N/A | -36.5% |
| Others | 5.5 | 4.8 | 14.4 | 5.1 | -2.5% |
| Total | 582 | 373 | 672 | 125 | -40.1% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to the UK in 2022:
- Spain (9.2 tons)
- Portugal (0.7 tons)
- Senegal (0.3 tons)
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