What is the price of octopus per kilogram/pound in Algeria today?
The retail price range for Algeria octopus is between US$ 6.92 and US$ 12.85 per kilogram or between US$ 3.14 and US$ 5.83 per pound(lb). Click here to see today's exact prices of octopus in Algeria
The retail price range in Algerian Dinar for octopus is between DZD 0.10 and DZD 0.18 per kilogram or between DZD 0.04 and DZD 0.08 per pound(lb) in Algiers and Oran.
Wholesale prices
In 2024, the approximate wholesale price range for Algeria octopus is between US$ 4.84 and US$ 9.00 per kilogram or between US$ 2.20 and US$ 4.08 per pound(lb).
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Algeria Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Algeria has seen a steady increase over the last five years. In 2016, the price was 1.94 US $ per kg, and in 2021, it was 10.59 US $ per kg. This represents an increase of 446.2% over the five-year period. The highest price was in 2021, at 10.59 US $ per kg, while the lowest price was in 2017, at 1.41 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Octopus from Algeria will be around 11.50 US $ per kg in 2023 and 12.50 US $ per kg in 2024.Algeria Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Algeria over the last five years has been relatively stable. In 2017, the price was $1.41, followed by $1.94 in 2016, $2.16 in 2015, $2.29 in 2014, and $2.21 in 2013. This indicates that the price has been fluctuating between $1.41 and $2.29 over the last five years. Based on this trend, it is likely that the price of Octopus in Algeria will remain between $1.41 and $2.29 in the next two years. Therefore, we can predict that the price of Octopus in Algeria in 2023 will be around $1.41 to $2.29, and in 2024 will be around $1.41 to $2.29.Export values for Algeria octopus
The total values in export for octopus in Algeria were US$ 2,449, US$ 1,986, US$ 16,941 and US$ 13,448 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Algeria: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
See prices of octopus in other countries across Africa: Algeria octopus, Angola octopus, Botswana octopus, Burundi octopus, Cameroon octopus, Cape Verde octopus, Central African Republic octopus, Comoros octopus, DRC Congo octopus & Benin octopus.
Algeria octopus - Production, Exports, Imports, Seasons and HS Codes
In 2019 Algeria exported 2,108 tonnes of octopus. Across 2019 alone, the interest in Algeria octopus (seafood category) has increased, recording a change of 13.761 percent compared to the year 2018. Between 2017 and 2019, octopus' exports increased by 50.04 pc netting Algeria US$13.45m for the year 2019. Algeria's octopus exports are classified as:
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
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Algeria octopus export values
In 2019, Algeria exported octopus valued at 13.45m USD, a contraction of -20.61% from 2018's total octopus export of 16.941m USD. The annual change in value of Algeria octopus between 2017 to 2018 was 753.021%.
The annual change in the quantity of Algeria's octopus exports between 2017 and 2019 was 50.04 pc compared to a variation of 13.761% in the period between 2018 and 2019.
Algeria's stake of the world's total octopus' exports in 2019 was 52.9%. Algeria is ranked number 1 in world exports of octopus.
Export markets for Algeria octopus ( in '000$ )
Algeria purchased 23 tonnes of octopus in 2019.