What is the price of octopus per kilogram/pound in Brunei Darussalam today?
The retail price range for Brunei Darussalam octopus is between US$ 10.22 and US$ 12.84 per kilogram or between US$ 4.64 and US$ 5.82 per pound(lb). Click here to see today's exact prices of octopus in Brunei Darussalam
The retail price range in Brunei Dollar for octopus is between BND 13.75 and BND 17.26 per kilogram or between BND 6.23 and BND 7.83 per pound(lb) in Bandar Seri Begawan and Seria.
Wholesale prices
In 2024, the approximate wholesale price range for Brunei Darussalam octopus is between US$ 7.16 and US$ 8.99 per kilogram or between US$ 3.25 and US$ 4.08 per pound(lb).
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Brunei Darussalam Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Brunei Darussalam over the last five years has seen a significant increase. In 2016, the price was 7.50 US dollars per kg, which rose to 18.33 US dollars per kg in 2017. This was followed by a sharp increase to 68.00 US dollars per kg in 2018 and 76.00 US dollars per kg in 2019. However, the price dropped to 14.50 US dollars per kg in 2020 and further to 10.00 US dollars per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Octopus from Brunei Darussalam will be around 8.50 US dollars per kg in 2023 and 8.00 US dollars per kg in 2024.Brunei Darussalam Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Brunei Darussalam over the last five years has been quite volatile. In 2016, the price was 7.50 US dollars per kg, which increased to 18.33 US dollars per kg in 2017. This was followed by a sharp increase to 68.00 US dollars per kg in 2018. The price then remained relatively stable at 76.00 US dollars per kg in 2019, before dropping to 14.50 US dollars per kg in 2020. The most recent data shows that the price has dropped further to 10.00 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Octopus into Brunei Darussalam will remain relatively stable in the next two years. We can predict that the price will be around 10.00 US dollars per kg in 2023 and 2024.Export values for Brunei Darussalam octopus
The total values in export for octopus in Brunei Darussalam were US$ 30, US$ 55, US$ 204 and US$ 152 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Brunei Darussalam: 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.
Brunei Darussalam octopus - Production, Exports, Imports, Seasons and HS Codes
In 2019 Brunei Darussalam exported 2 tonnes of octopus. For the year 2019 alone, the interest in Brunei Darussalam octopus (seafood category) has shrunk, changing by -33.333 per cent compared to the year 2018. Between 2017 and 2019, octopus' exports reduced by -33.33% earning the nation US$0.15m for the year 2019. Brunei Darussalam's octopus exports are categorised as:
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
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Brunei Darussalam octopus export values
In 2019, Brunei Darussalam supplied octopus worth 0.15m USD, a reduction of -26.47% from 2018's total octopus export of 0.204m USD. The yearly reduction in value of Brunei Darussalam octopus between 2017 to 2018 was 270.909 pc.
The yearly change in the volume of Brunei Darussalam's octopus exports between 2017 and 2019 was -33.33 pc compared to a variation of -33.333% in the period between 2018 and 2019.
Export markets for Brunei Darussalam octopus ( in '000$ )
Brunei Darussalam ordered 22 tonnes of octopus in 2019.