Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Guatemala - 2023

Contents:

  1. Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Guatemala (CIF) - 2022
  2. Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Guatemala

Price for Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Guatemala (CIF) - 2022

In 2022, the average import price for molluscs; octopus (octopus spp.), live, fresh or chilleds amounted to $7,159 per ton, surging by 26% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 molluscs; octopus (octopus spp.), live, fresh or chilleds increased by +54.4% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 76% against the previous year. As a result, import price attained the peak level of $7,941 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Spain ($9,985 per ton), while the price for South Korea ($1,391 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced a decline.

Imports of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Guatemala

In 2022, the amount of molluscs; octopus (octopus spp.), live, fresh or chilleds imported into Guatemala skyrocketed to 37 tons, increasing by 67% against the previous year. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 278%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of molluscs; octopus (octopus spp.), live, fresh or chilleds surged to $261K in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 350%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A1310%
IndiaN/AN/A1.388.56707.7%
United States47.426.512240.8-4.9%
South Korea0.81.10.71.111.2%
OthersN/AN/AN/A0.10%
Total48.327.612426175.5%

Top Suppliers of Molluscs; Octopus (Octopus Spp.), Live, Fresh or Chilled to Guatemala in 2022:

  1. India (15.6 tons)
  2. Spain (13.1 tons)
  3. United States (6.9 tons)
  4. South Korea (0.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Molluscs; octopus (octopus spp.), live, fresh or chilled - Guatemala