Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy (CIF) - 2023
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy (FOB) - 2023
- Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy (CIF) - 2023
In November 2023, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $9,837 per ton, with an increase of 11% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 20% against the previous month. The import price peaked at $11,040 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($10,019 per ton), while the price for Greece ($5,957 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy (FOB) - 2023
In November 2023, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $15,917 per ton, waning by -3.1% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 15% month-to-month. The export price peaked at $16,806 per ton in August 2023; however, from September 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Romania ($19,505 per ton), while the average price for exports to Switzerland ($10,841 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+1.7%), 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 Italy
Imports of molluscs; octopus (octopus spp.), live, fresh or chilleds into Italy amounted to 3.5K tons in 2022, growing by 2.7% compared with 2021. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds reduced to $33M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 62%. As a result, imports reached the peak of $35M, and then reduced in the following year.
| Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 19.9 | 15.1 | 21.0 | 19.5 | -0.7% |
| France | 5.1 | 3.8 | 10.7 | 10.0 | 25.2% |
| Portugal | 0.8 | 0.6 | 1.0 | 1.3 | 17.6% |
| Tunisia | 0.4 | 0.6 | 0.8 | 0.6 | 14.5% |
| Others | 1.6 | 1.4 | 1.2 | 1.3 | -6.7% |
| Total | 27.8 | 21.5 | 34.8 | 32.7 | 5.6% |
Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Italy in 2022:
- Spain (2054.2 tons)
- France (1166.0 tons)
- Portugal (113.5 tons)
- Tunisia (53.2 tons)
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy
In 2022, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds from Italy dropped to 163 tons, remaining constant against 2021. The total export volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. As a result, the exports reached the peak of 163 tons, leveling off in the following year.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds shrank modestly to $2.5M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $2.5M, and then dropped in the following year.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 604 | 852 | 1,029 | 1,002 | 18.4% |
| Romania | 409 | 267 | 609 | 649 | 16.6% |
| Austria | 57.3 | 50.8 | 57.4 | 185 | 47.8% |
| Slovenia | 164 | 82.0 | 118 | 155 | -1.9% |
| Croatia | 54.9 | 25.5 | 125 | 108 | 25.3% |
| France | 53.9 | 47.4 | 51.3 | 86.0 | 16.9% |
| Ukraine | 85.2 | 97.9 | 250 | 85.6 | 0.2% |
| Czech Republic | 113 | 81.1 | 55.2 | 44.3 | -26.8% |
| Malta | 44.3 | 33.9 | 57.5 | 23.6 | -18.9% |
| Others | 142 | 100 | 175 | 158 | 3.6% |
| Total | 1,727 | 1,638 | 2,526 | 2,496 | 13.1% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Italy in 2022:
- Germany (65.9 tons)
- Romania (36.5 tons)
- Slovenia (11.9 tons)
- Austria (10.8 tons)
- Croatia (10.4 tons)
- Ukraine (5.6 tons)
- France (5.4 tons)
- Czech Republic (2.8 tons)
- Malta (1.9 tons)
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