What is the price of cuttlefish & squid per kilogram/pound in Australia today?
The retail price range for Australia cuttlefish & squid is between US$ 4.76 and US$ 14.27 per kilogram or between US$ 2.16 and US$ 6.47 per pound(lb). Click here to see today's exact prices of cuttlefish & squid in Australia
The retail price range in Australian Dollar for cuttlefish & squid is between AUD 7.16 and AUD 21.47 per kilogram or between AUD 3.24 and AUD 9.73 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia cuttlefish & squid is between US$ 3.33 and US$ 9.99 per kilogram or between US$ 1.51 and US$ 4.53 per pound(lb).
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Australia Cuttlefish & Squid Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cuttlefish & Squid from Australia has seen a steady increase over the last five years. In 2017, the price was 3.34 US$ per kg, and in 2021 it was 2.56 US$ per kg. The highest price was recorded in 2022, at 5.12 US$ per kg. The average export price for the last five years was 3.41 US$ per kg. Based on this trend, it is predicted that the export price for 2023 will be 3.45 US$ per kg and for 2024 it will be 3.46 US$ per kg.Australia Cuttlefish & Squid Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cuttlefish & Squid into Australia has been relatively stable over the last five years. In 2017, the price was $3.34, followed by $3.44 in 2018, $3.32 in 2019, $3.29 in 2020 and $2.56 in 2021. This indicates a slight decrease in the price over the last five years. However, the price has seen a sharp increase in 2022, with the import price per kilogram being $5.12. Based on this trend, it is likely that the import price per kilogram of Cuttlefish & Squid into Australia will remain around the $5.00 mark in 2023 and 2024.Export values for Australia cuttlefish & squid
The total values in export for cuttlefish & squid in Australia were US$ 553, US$ 458, US$ 716 and US$ 239 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Australia: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Octopus.
See prices of cuttlefish & squid in other countries across Oceania: Fiji cuttlefish & squid, French Polynesia cuttlefish & squid, Guam cuttlefish & squid, Micronesia cuttlefish & squid, New Caledonia cuttlefish & squid, Papua New Guinea cuttlefish & squid, Samoa cuttlefish & squid, Solomon Islands cuttlefish & squid, Tonga cuttlefish & squid & Vanuatu cuttlefish & squid.
Australia cuttlefish & squid - Production, Exports, Imports, Seasons and HS Codes
The amount of cuttlefish & squid exported by Australia in 2020 was 51 metric tons. In 2019 Australia sold 72 tonnes of cuttlefish & squid. For 2019 alone, the demand for Australia cuttlefish & squid (seafood category) has shrunk, with a change of -65.385 percent compared to the year 2018. Between 2017 and 2019, cuttlefish & squid's exports decreased by -47.45 percent netting the country US$0.24m for the year 2019. Australia's cuttlefish & squid exports are classified as:
- Cuttle fish and squid, live, fresh or chilled, with or without shell (HS code 030742)
- Live, fresh or chilled, not smoked, cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", with or without shell (HS code 030741)
- Cuttle fish and squid, frozen, with or without shell (HS code 030743)
- Cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", smoked, frozen, dried, salted or in brine, with or without shell (HS code 030749)
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Australia cuttlefish & squid export values
In 2019, Australia supplied cuttlefish & squid valued at 0.24m USD, a reduction of -66.48% from 2018's total cuttlefish & squid export of 0.716m USD. The yearly reduction in value of Australia cuttlefish & squid between 2017 to 2018 was 56.332 per cent.
The annual/yearly variation in the amount of Australia's cuttlefish & squid exports between 2017 and 2019 was -47.45 pc when compared to a variation of -65.385% in the growth rate between 2018 and 2019.
Australia's portion of the world's total cuttlefish & squid's exports in 2019 was 5.2 per cent. Australia is ranked position 7 in world exports of cuttlefish & squid.
Export markets for Australia cuttlefish & squid ( in '000$ )
Import/Export Trends
Australia is a net exporter of cuttlefish & squid. The annual growth of Australia cuttlefish & squid in value between 2015 to 2019 was 40%, per annum, while annual growth in quantity was 29%, per annum.
Australia procured 15,346 tonnes of cuttlefish & squid in 2019.