Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine - 2023

Contents:

  1. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine (CIF) - 2023
  2. Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine (FOB) - 2022
  3. Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine
  4. Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine

Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine (CIF) - 2023

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $5,162 per ton in August 2023, shrinking by -6.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 11% month-to-month. Over the period under review, average import prices reached the peak figure at $6,090 per ton in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($8,409 per ton), while the price for China ($5,105 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $10,838 per ton, dropping by -10.1% against the previous year. Overall, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 28% against the previous year. The export price peaked at $12,548 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,726 per ton), while the average price for exports to Israel ($4,059 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+45.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds, when their volume decreased by -40.8% to 1.3K tons. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of 2.2K tons, and then shrank sharply in the following year.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds contracted sharply to $5.4M in 2022. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 12%. As a result, imports reached the peak of $7.2M, and then dropped notably in the following year.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.95.96.75.2-4.1%
Belarus0.30.30.30.1-30.7%
Others0.20.20.20.20.0%
Total6.46.47.25.4-5.5%

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

  1. China (1246.1 tons)
  2. Belarus (15.1 tons)

Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine

In 2022, overseas shipments of mollusc preparations; cuttle fish and squid, prepared or preserveds increased by 16% to 13 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a slight reduction.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds expanded to $146K in 2022. Overall, exports, however, showed a abrupt decline.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova13298.110591.6-11.5%
Georgia10.46.319.416.015.4%
United States2.4N/AN/A14.582.1%
PolandN/AN/AN/A14.20%
United Arab EmiratesN/AN/A0.83.8375.0%
AzerbaijanN/A6.03.23.5-23.6%
IsraelN/AN/AN/A2.10%
Belarus28.938.99.9N/A-41.5%
Others3.30.80.80.2-60.7%
Total177150139146-6.2%

Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Ukraine in 2022:

  1. Moldova (7.7 tons)
  2. Poland (2.3 tons)
  3. Georgia (1.2 tons)
  4. United States (1.2 tons)
  5. Israel (0.5 tons)
  6. United Arab Emirates (0.3 tons)
  7. Azerbaijan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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