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

Contents:

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

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

In 2022, the average import price for mollusc preparations; octopus, prepared or preserveds amounted to $13,714 per ton, increasing by 3.1% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; octopus, prepared or preserveds increased by +34.8% against 2014 indices. The growth pace was the most rapid in 2014 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Hungary ($24,666 per ton), while the price for Spain ($9,417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $18,714 per ton, jumping by 65% against the previous year. In general, the export price saw a resilient increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 490% against the previous year. Over the period under review, the average export prices attained the peak figure at $21,000 per ton in 2016; however, from 2017 to 2022, 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 Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +2.3% per year.

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

Imports of mollusc preparations; octopus, prepared or preserveds into Slovakia soared to 17 tons in 2022, with an increase of 59% on the year before. Over the period under review, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds surged to $234K in 2022. Overall, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Czech Republic (10.4 tons)
2. Italy (5.9 tons)
3. Austria (0.4 tons)
4. Hungary (0.3 tons)

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

After three years of growth, overseas shipments of mollusc preparations; octopus, prepared or preserveds decreased by -97.9% to 7 kg in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 16,600% against the previous year. As a result, the exports reached the peak of 334 kg, and then reduced notably in the following year.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds declined significantly to $131 in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 10,729% against the previous year. As a result, the exports attained the peak of $3.8K, and then reduced markedly in the following year.

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

1. Netherlands (7.0 kg)

Source: IndexBox Market Intelligence Platform