Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France - 2023

Contents:

1. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France (CIF) - 2023
2. Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France (FOB) - 2022
3. Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France
4. Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France (CIF) - 2023

The average import price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine stood at $17,756 per ton in October 2023, which is down by -13.8% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 55% m-o-m. Over the period under review, average import prices reached the peak figure at $20,589 per ton in September 2023, and then declined in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($19,035 per ton), while the price for the Netherlands ($4,668 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France (FOB) - 2022

In 2022, the average export price for molluscs; octopus (octopus spp.), frozen, dried, salted or in brine amounted to $15,218 per ton, declining by -10.9% against the previous year. Overall, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 76%. Over the period under review, the average export prices attained the maximum at $17,085 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($28,827 per ton), while the average price for exports to Portugal ($9,021 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 Czech Republic (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France

In 2022, after three years of growth, there was significant decline in purchases abroad of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine, when their volume decreased by -12.2% to 309 tons. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of 352 tons, and then reduced in the following year.

In value terms, imports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine contracted rapidly to $3.6M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of $4.3M, and then dropped significantly in the following year.

Top Suppliers of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine to France in 2022:

1. Spain (176.6 tons)
2. Netherlands (97.1 tons)
3. Italy (27.1 tons)
4. Portugal (5.0 tons)

Exports of Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine in France

In 2022, approx. 119 tons of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine were exported from France; picking up by 29% compared with the year before. In general, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 67%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of molluscs; octopus (octopus spp.), frozen, dried, salted or in brine skyrocketed to $1.8M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 92% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Molluscs; Octopus (Octopus Spp.), Frozen, Dried, Salted or in Brine from France in 2022:

1. Portugal (65.4 tons)
2. Switzerland (22.2 tons)
3. United Arab Emirates (8.6 tons)
4. Ukraine (4.7 tons)
5. Italy (4.2 tons)
6. Belgium (3.2 tons)
7. Singapore (2.0 tons)
8. Netherlands (1.5 tons)

Source: IndexBox Market Intelligence Platform