What is the price of octopus per kilogram/pound in Egypt today?
The retail price range for Egypt octopus is between US$ 15.60 and US$ 19.50 per kilogram or between US$ 7.07 and US$ 8.84 per pound(lb). Click here to see today's exact prices of octopus in Egypt
The retail price range in Egyptian Pound for octopus is between EGP 487.45 and EGP 609.31 per kilogram or between EGP 221.07 and EGP 276.33 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt octopus is between US$ 10.92 and US$ 13.65 per kilogram or between US$ 4.95 and US$ 6.19 per pound(lb).
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Egypt Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Egypt over the last five years has been quite varied. In 2017, the price was 8.31 US dollars per kilogram, followed by a sharp increase to 13.06 US dollars per kilogram in 2018. The price then dropped to 8.57 US dollars per kilogram in 2019, before rising again to 10.43 US dollars per kilogram in 2020. The most recent year, 2021, saw the highest price of 13.00 US dollars per kilogram. Based on this data, it is predicted that the export price per kilogram of Octopus from Egypt in 2023 will be around 14.00 US dollars per kilogram, and in 2024 will be around 15.00 US dollars per kilogram.Egypt Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Egypt over the last five years has seen a steady increase. In 2016, the price was 6.10 US dollars per kg, and in 2021, it was 13.00 US dollars per kg. This represents an increase of 113.11% over the five-year period. The highest price was recorded in 2018, when the price was 13.06 US dollars per kg. The lowest price was recorded in 2013, when the price was 2.70 US dollars per kg. Based on this trend, it is likely that the price of Octopus in Egypt will continue to increase in the coming years. We can predict that the price in 2023 will be around 14.50 US dollars per kg, and in 2024, it will be around 16.00 US dollars per kg.Export values for Egypt octopus
The total values in export for octopus in Egypt were US$ 31, US$ 60, US$ 1,579 and US$ 809 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Egypt: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
See prices of octopus in other countries across Africa: Algeria octopus, Angola octopus, Botswana octopus, Burundi octopus, Cameroon octopus, Cape Verde octopus, Central African Republic octopus, Comoros octopus, DRC Congo octopus & Benin octopus.
Egypt octopus - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt exported 629 tonnes of octopus. Through 2019 alone, the interest in Egypt octopus (seafood category) has escalated, recording a change of 82.849 % compared to the year 2018. Between 2017 and 2019, octopus' exports grew by 10.93% earning the nation US$0.81m for the year 2019. Egypt's octopus exports are categorised as:
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", frozen (HS code 030752)
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Egypt octopus export values
In 2019, Egypt supplied octopus with a value of 0.81m USD, a decrease of -48.70% from 2018's total octopus export of 1.579m USD. The annual change in value of Egypt octopus between 2017 to 2018 was 2531.667%.
The per year change in the amount of Egypt's octopus exports between 2017 and 2019 was 10.93 per cent compared to a variation of 82.849% in the period between 2018 and 2019.
Export markets for Egypt octopus ( in '000$ )
Egypt imported 151 tonnes of octopus in 2019.