Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States (CIF) - 2022
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States (FOB) - 2022
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States (CIF) - 2022
The average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds stood at $11,922 per ton in 2022, with a decrease of -21.5% against the previous year. Over the period under review, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 116% against the previous year. As a result, import price reached the peak level of $20,566 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +5.7% per year.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $17,410 per ton, increasing by 70% against the previous year. In general, the export price continues to indicate resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Barbados ($29,105 per ton), while the average price for exports to Saint Kitts and Nevis ($9,159 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 Barbados (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States
In 2022, approx. 10 tons of molluscs; octopus (octopus spp.), live, fresh or chilleds were imported into the United States; picking up by 11% on the year before. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 192% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds declined to $120K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 299%. As a result, imports attained the peak of $137K, and then declined in the following year.
| Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 117 | 0% |
| South Korea | 10.1 | N/A | 60.2 | 1.3 | -49.5% |
| Japan | 4.8 | 28.8 | 36.8 | N/A | 176.9% |
| China | N/A | 5.6 | N/A | N/A | 0% |
| Senegal | 8.1 | N/A | N/A | N/A | 0% |
| Mexico | N/A | N/A | 38.3 | N/A | 0% |
| Others | 3.0 | N/A | 2.1 | 2.4 | -7.2% |
| Total | 26.0 | 34.4 | 137 | 120 | 66.5% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to the United States in 2022:
- Spain (9.9 tons)
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States
Exports of molluscs; octopus (octopus spp.), live, fresh or chilleds from the United States plummeted to 1.3 tons in 2022, which is down by -81.1% compared with the previous year's figure. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 931% against the previous year. As a result, the exports reached the peak of 6.8 tons, and then dropped dramatically in the following year.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds shrank notably to $22K in 2022. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,142% against the previous year. As a result, the exports attained the peak of $70K, and then dropped significantly in the following year.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | N/A | 14.5 | 0% |
| Saint Kitts and Nevis | N/A | N/A | N/A | 4.5 | 0% |
| Barbados | N/A | N/A | N/A | 3.3 | 0% |
| Saint Vincent and the Grenadines | N/A | N/A | 10.4 | N/A | 0% |
| Netherlands | N/A | N/A | 7.0 | N/A | 0% |
| Jamaica | 29.7 | N/A | N/A | N/A | 0% |
| Canada | 12.1 | 5.6 | 48.4 | N/A | 100.0% |
| Others | N/A | N/A | 3.7 | N/A | 0% |
| Total | 41.7 | 5.6 | 69.5 | 22.3 | -18.8% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from the United States in 2022:
- Honduras (679.0 kg)
- Saint Kitts and Nevis (490.0 kg)
- Barbados (114.0 kg)
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