Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Brazil - 2024

Contents:

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

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

The average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $6,072 per ton in 2022, growing by 31% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of 40%. The import price peaked at $6,524 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($10,192 per ton), while the price for Spain ($3,793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $9,891 per ton, jumping by 21% against the previous year. In general, the export price, however, showed a perceptible descent. Over the period under review, the average export prices hit record highs at $13,451 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($11,800 per ton), while the average price for exports to Greece ($6,184 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+27.0%), 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 Brazil

In 2022, supplies from abroad of mollusc preparations; cuttle fish and squid, prepared or preserveds decreased by -53.7% to 19 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 56% against the previous year.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds shrank notably to $114K in 2022. In general, imports showed a slight contraction. The growth pace was the most rapid in 2020 with an increase of 42%.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru79.811063.263.7-7.2%
Spain5.134.329.135.590.9%
Portugal10.010.25.05.1-20.1%
ArgentinaN/AN/AN/A4.20%
ChinaN/AN/A76.4N/A0%
Others23.112.413.95.3-38.8%
Total118167188114-1.1%

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

  1. Spain (9.4 tons)
  2. Peru (8.2 tons)
  3. Portugal (0.6 tons)
  4. Argentina (0.4 tons)

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

In 2022, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds from Brazil declined remarkably to 3 tons, which is down by -25.8% compared with the previous year. Overall, exports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2021 when exports increased by 27%. As a result, the exports attained the peak of 4.1 tons, and then dropped dramatically in the following year.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds fell to $30K in 2022. Over the period under review, exports recorded a perceptible decline. The pace of growth appeared the most rapid in 2021 with an increase of 14%.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama3.85.03.86.519.6%
Marshall Islands7.07.67.76.5-2.4%
Liberia4.84.04.03.4-10.9%
Malta1.51.03.42.721.6%
Singapore2.12.62.92.0-1.6%
Bahamas0.10.10.32.0171.4%
Cyprus0.71.11.31.116.3%
Norway0.70.81.50.84.6%
Japan1.00.40.20.7-11.2%
Thailand0.10.20.40.791.3%
Antigua and Barbuda0.30.50.40.410.1%
United Kingdom1.00.30.90.4-26.3%
Greece3.61.62.50.2-61.8%
Others6.74.14.12.5-28.0%
Total33.729.333.329.9-3.9%

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

  1. Panama (666.0 kg)
  2. Marshall Islands (563.0 kg)
  3. Liberia (342.0 kg)
  4. Malta (266.0 kg)
  5. Singapore (231.0 kg)
  6. Bahamas (178.0 kg)
  7. Norway (108.0 kg)
  8. Thailand (91.0 kg)
  9. Cyprus (90.0 kg)
  10. Japan (84.0 kg)
  11. Antigua and Barbuda (42.0 kg)
  12. United Kingdom (42.0 kg)
  13. Greece (38.0 kg)

Source: IndexBox Market Intelligence Platform

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