Price for Mollusc Preparations; Octopus, Prepared or Preserved in Denmark - 2023

Contents:

1. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Denmark (CIF) - 2022
2. Price for Mollusc Preparations; Octopus, Prepared or Preserved in Denmark (FOB) - 2022
3. Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Denmark
4. Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Denmark

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Denmark (CIF) - 2022

In 2022, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $12,842 per ton, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 90%. The import price peaked at $14,863 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Indonesia ($21,248 per ton), while the price for the Netherlands ($4,625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Octopus, Prepared or Preserved in Denmark (FOB) - 2022

In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $23,921 per ton, growing by 74% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($36,868 per ton), while the average price for exports to Greenland ($4,871 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 Romania (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Denmark

In 2022, approx. 40 tons of mollusc preparations; octopus, prepared or preserveds were imported into Denmark; picking up by 25% on 2021 figures. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 134% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds soared to $516K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Mollusc Preparations; Octopus, Prepared or Preserved to Denmark in 2022:

1. Spain (29.2 tons)
2. Indonesia (6.4 tons)
3. Italy (2.4 tons)
4. Germany (1.1 tons)
5. Netherlands (0.6 tons)

Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Denmark

After three years of growth, overseas shipments of mollusc preparations; octopus, prepared or preserveds decreased by -61.2% to 8.5 tons in 2022. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 89%. As a result, the exports attained the peak of 22 tons, and then declined markedly in the following year.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds contracted dramatically to $204K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 146%. As a result, the exports attained the peak of $302K, and then fell significantly in the following year.

Top Export Markets for Mollusc Preparations; Octopus, Prepared or Preserved from Denmark in 2022:

1. Italy (4635.0 kg)
2. Greenland (1712.0 kg)
3. Germany (582.0 kg)
4. Romania (472.0 kg)
5. Belgium (457.0 kg)
6. Austria (284.0 kg)
7. Sweden (167.0 kg)
8. Norway (101.0 kg)

Source: IndexBox Market Intelligence Platform