What is the price of octopus per kilogram/pound in India today?
The retail price range for India octopus is between US$ 7.69 and US$ 14.42 per kilogram or between US$ 3.49 and US$ 6.54 per pound(lb). Click here to see today's exact prices of octopus in India
The retail price range in Indian Rupee for octopus is between INR 636.95 and INR 1,194.28 per kilogram or between INR 288.87 and INR 541.63 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India octopus is between US$ 5.38 and US$ 10.09 per kilogram or between US$ 2.44 and US$ 4.58 per pound(lb).
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India Octopus Export Prices - Historical, Trends and Prediction
The export price of Octopus from India over the last five years has been quite varied. In 2017, the price per kilogram was $3.20, which was the highest in the five year period. This was followed by a decrease in 2018 to $3.76, and then a further decrease in 2019 to $3.34. In 2020, the price per kilogram was $3.10, and then increased to $3.64 in 2021. Based on this data, it is likely that the export price of Octopus from India will remain around the $3.60 mark in 2023 and 2024.India Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into India has seen a steady increase over the past five years. In 2016, the price was 2.15 US dollars per kg, and by 2021, it had risen to 3.64 US dollars per kg. This represents an increase of 69.9% over the five-year period. In 2021, the price was 3.64 US dollars per kg, which is the highest price recorded in the past five years. Looking ahead, we can expect the price of Octopus to continue to rise, with an estimated price of 4.17 US dollars per kg in 2023 and 4.71 US dollars per kg in 2024.Export values for India octopus
The total values in export for octopus in India were US$ 25,397, US$ 43,817, US$ 74,383 and US$ 54,404 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in India: 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.
India octopus - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 16,282 tonnes of octopus. Through 2019 alone, the demand for India octopus (seafood category) has shrunk, with a change of -17.643 per cent compared to the year 2018. Between 2017 and 2019, octopus' exports grew by 18.91 percent bringing the exporter US$54.40m for the year 2019. India's octopus exports are classified as:
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
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India octopus export values
In 2019, India supplied octopus costing 54.40m USD, a contraction of -26.87% from 2018's total octopus export of 74.383m USD. The yearly change in value of India octopus between 2017 to 2018 was 69.758%.
The yearly variation in the amount of India's octopus exports between 2017 and 2019 was 18.91 pc in comparison to a variation of -17.643% in the period between 2018 and 2019.
Export markets for India octopus ( in '000$ )
India purchased 16,282 tonnes of octopus in 2019.