What is the price of octopus per kilogram/pound in Vietnam today?
The retail price range for Vietnam octopus is between US$ 9.80 and US$ 14.70 per kilogram or between US$ 4.45 and US$ 6.67 per pound(lb). Click here to see today's exact prices of octopus in Vietnam
The retail price range in Dong for octopus is between VND 245,050.00 and VND 367,575.00 per kilogram or between VND 111,133.79 and VND 166,700.68 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam octopus is between US$ 6.86 and US$ 10.29 per kilogram or between US$ 3.11 and US$ 4.67 per pound(lb).
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Vietnam Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Vietnam has seen a steady increase over the last five years. In 2016, the price was 6.59 US dollars per kg, and in 2020, it was 8.78 US dollars per kg. This represents an increase of 33.2%. Looking ahead, it is likely that the export price of Octopus from Vietnam will continue to rise, with an estimated price of 10.90 US dollars per kg in 2023 and 12.81 US dollars per kg in 2024.Vietnam Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Vietnam over the last five years has been quite volatile. In 2016, the price was 6.59 US dollars per kg, which increased to 8.94 US dollars per kg in 2017. This was followed by a sharp rise in 2018, when the price jumped to 12.69 US dollars per kg. However, the price dropped back to 9.95 US dollars per kg in 2019 and further to 8.78 US dollars per kg in 2020. Based on the data, it is predicted that the import price per kilogram of Octopus into Vietnam will remain relatively stable in the next few years. It is expected that the price will be around 9.50 US dollars per kg in 2023 and 9.75 US dollars per kg in 2024.Export values for Vietnam octopus
The total values in export for octopus in Vietnam were US$ 180,058, US$ 248,228, US$ 324,320 and US$ 291,964 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Vietnam: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
See prices of octopus in other countries across Asia: Kazakhstan octopus, Kyrgyzstan octopus, Tajikistan octopus, Turkmenistan octopus, Uzbekistan octopus, China octopus, Hong Kong octopus, Macao octopus, North Korea octopus & Mongolia octopus.
Vietnam octopus - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 29,349 tonnes of octopus. Through 2019 alone, the demand for Vietnam octopus (seafood category) has escalated, flactuating by 14.819 per cent compared to the year 2018. Between 2017 and 2019, octopus' exports went up by 5.72 pc earning the nation US$291.96m for the year 2019. Vietnam's octopus exports are classified as:
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
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Vietnam octopus export values
In 2019, Vietnam exported octopus worth 291.96m USD, a reduction of -9.98% from 2018's total octopus export of 324.32m USD. The yearly reduction in value of Vietnam octopus between 2017 to 2018 was 30.654 per cent.
The yearly variation in the amount of Vietnam's octopus exports between 2017 and 2019 was 5.72% in comparison to a variation of 14.819% in the period between 2018 and 2019.
Export markets for Vietnam octopus ( in '000$ )
Vietnam imported 3,312 tonnes of octopus in 2019.