What is the price of cuttlefish & squid per kilogram/pound in Cape Verde today?
The retail price range for Cape Verde cuttlefish & squid is between US$ 4.84 and US$ 9.69 per kilogram or between US$ 2.20 and US$ 4.39 per pound(lb). Click here to see today's exact prices of cuttlefish & squid in Cape Verde
The retail price range in Cape Verdean Escudo for cuttlefish & squid is between CVE 494.34 and CVE 988.67 per kilogram or between CVE 224.19 and CVE 448.38 per pound(lb) in Praia and Mindelo.
Wholesale prices
In 2024, the approximate wholesale price range for Cape Verde cuttlefish & squid is between US$ 3.39 and US$ 6.78 per kilogram or between US$ 1.54 and US$ 3.08 per pound(lb).
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Cape Verde Cuttlefish & Squid Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cuttlefish & Squid from Cape Verde over the last five years has seen a steady decline. In 2010, the price was 2.03 US dollars per kg, which rose to 2.77 US dollars per kg in 2011. However, the price dropped to 2.39 US dollars per kg in 2012 and continued to decrease to 1.67 US dollars per kg in 2017. The lowest price was recorded in 2018 at 1.38 US dollars per kg, before increasing slightly to 1.73 US dollars per kg in 2019. Based on this data, it is predicted that the export price per kilogram of Cuttlefish & Squid from Cape Verde in 2023 will be around 1.25 US dollars per kg and in 2024 will be around 1.15 US dollars per kg.Cape Verde Cuttlefish & Squid Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cuttlefish & Squid into Cape Verde has seen a steady decline over the past five years. In 2010, the price was 2.03 US dollars per kg, which increased to 2.77 US dollars per kg in 2011. However, in 2012, the price dropped to 2.39 US dollars per kg. This downward trend continued in 2017, when the price dropped to 1.67 US dollars per kg, and further decreased to 1.38 US dollars per kg in 2018. The price then increased slightly to 1.73 US dollars per kg in 2019. Based on this data, it is likely that the import price per kilogram of Cuttlefish & Squid into Cape Verde will continue to decrease in the coming years. It is predicted that the price will be around 1.50 US dollars per kg in 2023 and 1.30 US dollars per kg in 2024.Export values for Cape Verde cuttlefish & squid
The total values in export for cuttlefish & squid in Cape Verde were US$ 1,281, US$ 489, US$ 305 and US$ 360 in US dollar thousand for the years 2012, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Cape Verde: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Octopus.
See prices of cuttlefish & squid in other countries across Africa: Algeria cuttlefish & squid, Angola cuttlefish & squid, Botswana cuttlefish & squid, Burundi cuttlefish & squid, Cameroon cuttlefish & squid, Cape Verde cuttlefish & squid, Central African Republic cuttlefish & squid, Comoros cuttlefish & squid, DRC Congo cuttlefish & squid & Benin cuttlefish & squid.
Cape Verde cuttlefish & squid - Production, Exports, Imports, Seasons and HS Codes
In 2019 Cape Verde shipped 208 tonnes of cuttlefish & squid. For 2019 alone, the demand for Cape Verde cuttlefish & squid (seafood category) has gone down, changing by -5.882 per cent compared to the year 2018. Between 2017 and 2019, cuttlefish & squid's exports reduced by -28.77% earning the nation US$0.36m for the year 2019. Cape Verde's cuttlefish & squid exports are categorised as:
- Cuttle fish and squid, live, fresh or chilled, with or without shell (HS code 030742)
- Cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", smoked, frozen, dried, salted or in brine, with or without shell (HS code 030749)
- Cuttle fish and squid, frozen, with or without shell (HS code 030743)
- Live, fresh or chilled, not smoked, cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", with or without shell (HS code 030741)
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Cape Verde cuttlefish & squid export values
In 2019, Cape Verde exported cuttlefish & squid valued at 0.36m USD, a growth of 18.03% from 2018's total cuttlefish & squid export of 0.305m USD. The yearly growth in value of Cape Verde cuttlefish & squid between 2017 to 2018 was -37.628%.
The per year change in the volume of Cape Verde's cuttlefish & squid exports between 2017 and 2019 was -28.77 per cent when compared to a variation of -5.882% in the growth rate between 2018 and 2019.
Export markets for Cape Verde cuttlefish & squid ( in '000$ )
Cape Verde purchased 72 tonnes of cuttlefish & squid in 2019.