Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Iraq - 2022

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Iraq (CIF) - 2022
  2. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Iraq

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Iraq (CIF) - 2022

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $6,605 per ton in 2022, increasing by 14% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 55% against the previous year. Over the period under review, average import prices hit record highs at $13,191 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 South Korea ($10,566 per ton), while the price for Lebanon ($3,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the prices for the other major suppliers experienced a decline.

Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Iraq

In 2022, after three years of growth, there was significant decline in overseas purchases of mollusc preparations; cuttle fish and squid, prepared or preserveds, when their volume decreased by -54.7% to 2.8 tons. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 72%. As a result, imports reached the peak of 6.3 tons, and then shrank significantly in the following year.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds contracted sharply to $19K in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 84%. As a result, imports attained the peak of $37K, and then dropped significantly in the following year.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea20.56.010.710.7-19.5%
TurkeyN/AN/AN/A3.30%
Lebanon3.04.40.92.4-7.2%
United Arab EmiratesN/AN/AN/A1.30%
ItalyN/AN/AN/A1.10%
Netherlands3.45.3N/AN/A55.9%
BelarusN/A4.225.0N/A495.2%
OthersN/AN/AN/AN/A0%
Total26.919.936.518.8-11.3%

Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Iraq in 2022:

  1. South Korea (1016.0 kg)
  2. Turkey (749.0 kg)
  3. Lebanon (655.0 kg)
  4. United Arab Emirates (295.0 kg)
  5. Italy (134.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Mollusc preparations; cuttle fish and squid, prepared or preserved - Iraq