What is the price of octopus per kilogram/pound in China today?
The retail price range for China octopus is between US$ 2.96 and US$ 7.40 per kilogram or between US$ 1.34 and US$ 3.36 per pound(lb). Click here to see today's exact prices of octopus in China
The retail price range in Yuan Renminbi for octopus is between CNY 20.76 and CNY 51.89 per kilogram or between CNY 9.41 and CNY 23.53 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China octopus is between US$ 2.07 and US$ 5.18 per kilogram or between US$ 0.94 and US$ 2.35 per pound(lb).
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China Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from China over the last five years has seen a steady increase. In 2017, the price was 8.60 US dollars per kilogram, and by 2021, it had risen to 9.78 US dollars per kilogram. The highest price was recorded in 2018, at 11.12 US dollars per kilogram. The most recent price in 2021 was 9.78 US dollars per kilogram. Based on this trend, it is predicted that the export price per kilogram of Octopus from China in 2023 will be around 11.06 US dollars per kilogram, and in 2024, it will be around 11.70 US dollars per kilogram.China Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into China over the last five years has been relatively stable. In 2016, the price was 7.45 US dollars per kg, and in 2017 it increased to 8.6 US dollars per kg. In 2018, the price rose to 11.12 US dollars per kg, and in 2019 it dropped to 10.33 US dollars per kg. In 2020, the price decreased further to 9.03 US dollars per kg, and in 2021 it rose to 9.78 US dollars per kg. The most recent data shows that the price of Octopus in 2022 was 10.42 US dollars per kg. Based on this trend, it is predicted that the price of Octopus in 2023 will be around 10.90 US dollars per kg, and in 2024 it will be around 11.38 US dollars per kg.Export values for China octopus
The total values in export for octopus in China were US$ 567,348, US$ 584,265, US$ 668,931 and US$ 509,225 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in China: 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.
China octopus - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 49,288 tonnes of octopus. Through 2019 alone, the demand for China octopus (seafood category) has decreased, changing by -18.073 pc compared to the year 2018. Between 2017 and 2019, octopus' exports went down by -27.42% bringing the nation US$509.22m for the year 2019. China's octopus exports are categorised as:
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
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China octopus export values
In 2019, China supplied octopus costing 509.22m USD, a reduction of -23.88% from 2018's total octopus export of 668.931m USD. The yearly change in value of China octopus between 2017 to 2018 was 14.491 pc.
The annual variation in the amount of China's octopus exports between 2017 and 2019 was -27.42 percent compared to a variation of -18.073% in the period between 2018 and 2019.
Export markets for China octopus ( in '000$ )
China ordered 20,637 tonnes of octopus in 2019.