What is the price of octopus per kilogram/pound in Australia today?
The retail price range for Australia octopus is between US$ 6.89 and US$ 27.58 per kilogram or between US$ 3.13 and US$ 12.51 per pound(lb). Click here to see today's exact prices of octopus in Australia
The retail price range in Australian Dollar for octopus is between AUD 10.37 and AUD 41.48 per kilogram or between AUD 4.70 and AUD 18.81 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia octopus is between US$ 4.83 and US$ 19.30 per kilogram or between US$ 2.19 and US$ 8.75 per pound(lb).
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Australia Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Australia has seen a steady increase over the last five years. In 2017, the price was 15.25 US dollars per kilogram, and in 2021, it had risen to 19.94 US dollars per kilogram. The highest price was seen in 2021, at 22.67 US dollars per kilogram. The lowest price was in 2012, at 7.55 US dollars per kilogram. The average price for the last five years was 14.86 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Octopus from Australia in 2023 will be around 24.00 US dollars per kilogram, and in 2024, it will be around 25.20 US dollars per kilogram.Australia Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Australia has seen a steady increase over the past five years. In 2017, the price was $15.25, and in 2021, it had risen to $19.94. This represents an increase of 31.2%. The highest price was recorded in 2021 at $19.94, while the lowest was in 2018 at $12.77. The average price for the past five years was $15.86. Looking ahead, we can expect the price of Octopus to continue to rise, with an estimated price of $24.81 in 2023 and $27.54 in 2024.Export values for Australia octopus
The total values in export for octopus in Australia were US$ 238, US$ 244, US$ 498 and US$ 501 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 & Cuttlefish & Squid.
See prices of octopus in other countries across Oceania: Fiji octopus, French Polynesia octopus, Guam octopus, Micronesia octopus, New Caledonia octopus, Papua New Guinea octopus, Samoa octopus, Solomon Islands octopus, Tonga octopus & Vanuatu octopus.
Australia octopus - Production, Exports, Imports, Seasons and HS Codes
The quantity of octopus sold by Australia in 2020 was 65 metric tonnes. In 2019 Australia exported 36 tonnes of octopus. Across 2019 alone, the interest in Australia octopus (seafood category) has reduced, changing by -7.692 percent compared to the year 2018. Between 2017 and 2019, octopus' exports increased by 125 percent bringing Australia US$0.50m for the year 2019. Australia's octopus exports are classified as:
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
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Australia octopus export values
In 2019, Australia supplied octopus worth 0.50m USD, an improvement of 0.40% from 2018's total octopus export of 0.498m USD. The annual change in value of Australia octopus between 2017 to 2018 was 104.098%.
The annual/yearly variation in the volume of Australia's octopus exports between 2017 and 2019 was 125% when compared to a variation of -7.692% in the growth rate between 2018 and 2019.
Export markets for Australia octopus ( in '000$ )
Australia imported 2,156 tonnes of octopus in 2019.