Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada - 2024
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada (CIF) - 2024
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada (FOB) - 2024
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada (CIF) - 2024
The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $7,485 per ton in September 2023, waning by -32.8% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 48% against the previous month. As a result, import price reached the peak level of $11,725 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($17,109 per ton), while the price for China ($6,351 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada (FOB) - 2024
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $15,465 per ton in September 2023, flattening at the previous month. Over the period from January 2023 to September 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in August 2023 an increase of 50% m-o-m. The export price peaked at $15,745 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to September 2023, the rate of growth in terms of prices for the United States amounted to +1.1% per month.
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada
Imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Canada surged to 2.4K tons in 2022, jumping by 56% against the previous year. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $19M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 4.2 | 5.6 | 7.1 | 34.8% |
| Thailand | 1.0 | 1.1 | 1.2 | 5.3 | 74.4% |
| Taiwan (Chinese) | 0.6 | 1.0 | 1.3 | 1.4 | 32.6% |
| Peru | 0.1 | 0.1 | 0.1 | 1.3 | 135.1% |
| Indonesia | 2.0 | 1.8 | 1.0 | 1.2 | -15.7% |
| Italy | N/A | N/A | 0.8 | 0.5 | -37.5% |
| United States | 0.6 | 0.5 | 0.3 | 0.5 | -5.9% |
| South Korea | 0.4 | 0.5 | 0.7 | 0.5 | 7.7% |
| India | 0.2 | 0.2 | 0.1 | 0.4 | 26.0% |
| Malaysia | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
| Others | 0.4 | 0.4 | 0.4 | 0.7 | 20.5% |
| Total | 8.5 | 10.0 | 11.5 | 19.0 | 30.8% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Canada in 2022:
- China (1268.8 tons)
- Thailand (486.5 tons)
- Peru (145.5 tons)
- Indonesia (93.9 tons)
- Taiwan (Chinese) (85.8 tons)
- South Korea (51.9 tons)
- Italy (51.4 tons)
- India (45.7 tons)
- United States (38.7 tons)
- Malaysia (23.6 tons)
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada
In 2022, approx. 122 tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were exported from Canada; with an increase of 29% compared with the year before. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds skyrocketed to $1.7M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.1 | 0.9 | 1.1 | 1.7 | 15.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 0.9 | 1.1 | 1.7 | 15.6% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Canada in 2022:
- United States (121.6 tons)
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