What is the price of octopus per kilogram/pound in Canada today?
The retail price range for Canada octopus is between US$ 11.80 and US$ 18.68 per kilogram or between US$ 5.35 and US$ 8.47 per pound(lb). Click here to see today's exact prices of octopus in Canada
The retail price range in Canadian Dollar for octopus is between CAD 15.93 and CAD 25.22 per kilogram or between CAD 7.22 and CAD 11.44 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada octopus is between US$ 8.26 and US$ 13.08 per kilogram or between US$ 3.75 and US$ 5.93 per pound(lb).
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Canada Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Canada has seen a steady decline over the last five years. In 2017, the price was 5.67 US dollars per kilogram, followed by a sharp increase to 100.50 US dollars per kilogram in 2018. However, the price has since decreased to 1.65 US dollars per kilogram in 2020. The current price of 20.06 US dollars per kilogram is still significantly lower than the peak price in 2018. Based on the current trend, it is likely that the export price per kilogram of Octopus from Canada will continue to decrease in the next two years, with an estimated price of around 18.81 US dollars per kilogram in 2023 and 17.56 US dollars per kilogram in 2024.Canada Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Canada over the last five years has been quite volatile. In 2016, the price was 8.99 US dollars per kg, which was the highest in the last five years. This was followed by a sharp decline in 2017 to 5.67 US dollars per kg. In 2018, the price spiked to 100.5 US dollars per kg, before dropping to 9.28 US dollars per kg in 2019. The price then dropped to an all-time low of 1.65 US dollars per kg in 2020, before rising to 20.06 US dollars per kg in 2021. The most recent data point is 2.25 US dollars per kg in 2022. Based on the data, it is likely that the import price per kilogram of Octopus into Canada will continue to fluctuate in the coming years. We predict that the price will increase to around 4.00 US dollars per kg in 2023 and 5.00 US dollars per kg in 2024.Export values for Canada octopus
The total values in export for octopus in Canada were US$ 719, US$ 295, US$ 201 and US$ 362 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Canada: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
See prices of octopus in other countries across North America: Canada octopus, US octopus, Anguilla octopus, Antigua and Barbuda octopus, Bermuda octopus, Bonaire, Sint Eustatius and Saba octopus, St.Pierre and Miquelon octopus, United States Minor Outlying Islands octopus, Cayman Islands octopus & Greenland octopus.
Canada octopus - Production, Exports, Imports, Seasons and HS Codes
The quantity of octopus sold by Canada in 2020 was 5 metric tonnes. In 2019 Canada exported 35 tonnes of octopus. For the year 2019 alone, the market for Canada octopus (seafood category) has gone up, changing by 191.667 per cent compared to the year 2018. Between 2017 and 2019, octopus' exports grew by 9.38 pc netting the exporter US$0.36m for the year 2019. Canada's octopus exports are categorised as:
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
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Canada octopus export values
In 2019, Canada supplied octopus with a value of 0.36m USD, an improvement of 79.10% from 2018's total octopus export of 0.201m USD. The yearly growth in value of Canada octopus between 2017 to 2018 was -31.864 percent.
The yearly change in the amount of Canada's octopus exports between 2017 and 2019 was 9.38% compared to a variation of 191.667% in the period between 2018 and 2019.
Export markets for Canada octopus ( in '000$ )
Canada brought in 2,088 tonnes of octopus in 2019.