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

Contents:

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

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

In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $6,528 per ton, increasing by 74% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +1.6% per year.

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

The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $26,491 per ton in 2022, picking up by 71% against the previous year. Overall, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($30,000 per ton), while the average price for exports to Georgia ($14,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+44.6%), 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 Turkey

Imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Turkey declined to 4.8 tons in 2022, which is down by -6.9% compared with the previous year's figure. In general, imports faced a dramatic descent.

In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds soared to $31K in 2022. Overall, imports saw a precipitous decrease.

Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain80.588.118.731.3-27.0%
India4.0N/AN/AN/A0%
OthersN/A0.20.6N/A200.0%
Total84.688.319.331.3-28.2%

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

  1. Spain (4.8 tons)

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

In 2022, the amount of mollusc preparations; cuttle fish and squid, prepared or preserveds exported from Turkey soared to 387 kg, with an increase of 22% compared with 2021 figures. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 3,850%.

In value terms, exports of mollusc preparations; cuttle fish and squid, prepared or preserveds surged to $10K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 4,665%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AzerbaijanN/AN/AN/A5.30%
IraqN/AN/AN/A3.80%
Cyprus4.0N/A3.70.5-50.0%
Liberia0.3N/AN/A0.2-12.6%
Malta0.3N/A0.30.2-12.6%
GeorgiaN/AN/AN/A0.10%
Greece0.4N/A0.1N/A-50.0%
Portugal0.2N/AN/AN/A0%
Others0.40.10.90.1-37.0%
Total5.70.14.910.321.8%

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

  1. Azerbaijan (196.0 kg)
  2. Iraq (138.0 kg)
  3. Cyprus (20.0 kg)
  4. Liberia (13.0 kg)
  5. Malta (7.0 kg)
  6. Georgia (6.0 kg)
  7. Greece (1.0 kg)

Source: IndexBox Market Intelligence Platform

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