Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Myanmar - 2023
Contents:
- Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Myanmar (FOB) - 2022
- Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Myanmar
Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Myanmar (FOB) - 2022
In 2022, the average export price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $4,590 per ton, surging by 48% against the previous year. Overall, export price indicated a slight expansion from 2014 to 2022: its price increased at an average annual rate of +1.9% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for molluscs; octopus (octopus spp.), live, fresh or chilleds increased by +118.9% against 2016 indices. 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($4,788 per ton), while the average price for exports to China totaled $2,046 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Myanmar
In 2022, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds from Myanmar surged to 639 tons, increasing by 93% on the previous year's figure. In general, exports, however, recorded a pronounced curtailment.
In value terms, exports of molluscs; octopus (octopus spp.), live, fresh or chilleds soared to $2.9M in 2022. Over the period under review, exports recorded a strong expansion.
| Export of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,949 | 3,744 | 856 | 2,839 | 13.4% |
| China | 9.6 | 4.5 | 41.3 | 94.5 | 114.3% |
| South Korea | 103 | 126 | 130 | N/A | 12.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,061 | 3,875 | 1,028 | 2,934 | 12.5% |
Top Export Markets for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled from Myanmar in 2022:
- Thailand (592.9 tons)
- China (46.2 tons)
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