Price for Mollusc Preparations; Octopus, Prepared or Preserved in Costa Rica - 2022

Contents:

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

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

The average import price for mollusc preparations; octopus, prepared or preserveds stood at $12,044 per ton in 2022, surging by 28% against the previous year. In general, the import price showed a strong increase. The growth pace was the most rapid in 2018 an increase of 70% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Chile ($60,223 per ton), while the price for Spain amounted to $9,530 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+14.3%).

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

In 2022, the average export price for mollusc preparations; octopus, prepared or preserveds amounted to $2,467 per ton, stabilizing at the previous year. In general, the export price saw a deep downturn. The growth pace was the most rapid in 2021 when the average export price increased by 12%. The export price peaked at $6,392 per ton in 2013; however, from 2014 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 Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -8.2% per year.

Imports of Mollusc Preparations; Octopus, Prepared or Preserved in Costa Rica

Imports of mollusc preparations; octopus, prepared or preserveds into Costa Rica plummeted to 8.2 tons in 2022, which is down by -60.6% on 2021. Over the period under review, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%.

In value terms, imports of mollusc preparations; octopus, prepared or preserveds declined notably to $99K in 2022. In general, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 26%. As a result, imports reached the peak of $196K, and then declined rapidly in the following year.

Import of Mollusc Preparations; Octopus, Prepared or Preserved in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain14513517174.1-20.1%
Chile18.620.224.224.69.8%
Others1.40.90.80.6-24.6%
Total16515619699.3-15.6%

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

  1. Spain (7.8 tons)
  2. Chile (0.4 tons)

Exports of Mollusc Preparations; Octopus, Prepared or Preserved in Costa Rica

In 2022, the amount of mollusc preparations; octopus, prepared or preserveds exported from Costa Rica stood at 1.8 tons, almost unchanged from the previous year's figure. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 2.9% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; octopus, prepared or preserveds reached $4.3K in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Mollusc Preparations; Octopus, Prepared or Preserved in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala3.53.74.34.37.1%
OthersN/AN/AN/AN/A0%
Total3.53.74.34.37.1%

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

  1. Guatemala (1.8 tons)

Source: IndexBox Market Intelligence Platform

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