What is the price of octopus per kilogram/pound in Ireland today?
The retail price range for Ireland octopus is between US$ 4.45 and US$ 5.44 per kilogram or between US$ 2.02 and US$ 2.47 per pound(lb). Click here to see today's exact prices of octopus in Ireland
The retail price range in Euro for octopus is between EUR 4.11 and EUR 5.02 per kilogram or between EUR 1.86 and EUR 2.28 per pound(lb) in Dublin and Cork.
Wholesale prices
In 2024, the approximate wholesale price range for Ireland octopus is between US$ 3.11 and US$ 3.81 per kilogram or between US$ 1.41 and US$ 1.73 per pound(lb).
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Ireland Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Ireland over the last five years has seen a significant fluctuation. In 2017, the price was 2.25 US$ per kg, followed by a sharp drop to 1.12 US$ per kg in 2018. In 2019, the price rose to 5.00 US$ per kg, and then increased further to 11.50 US$ per kg in 2020. The highest price was recorded in 2021, at 17.25 US$ per kg, before dropping to 0.00 US$ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Octopus from Ireland in 2023 will be around 8.63 US$ per kg, and in 2024 it will be around 4.31 US$ per kg.Ireland Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Ireland over the last five years has been quite varied. In 2017, the price was 2.25 US dollars per kg, followed by a sharp drop to 1.12 US dollars per kg in 2018. In 2019, the price rose to 5.00 US dollars per kg, before increasing to 11.50 US dollars per kg in 2020. The price then rose again to 17.25 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Octopus into Ireland in 2023 will be around 22.50 US dollars per kg, and in 2024 it will be around 27.75 US dollars per kg.Export values for Ireland octopus
The total values in export for octopus in Ireland were US$ 2, US$ 76, US$ 36 and US$ 9 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Ireland: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
See prices of octopus in other countries across Europe: Georgia octopus, Albania octopus, Belarus octopus, Bosnia and Herzegovina octopus, Bulgaria octopus, Croatia octopus, Czech Republic octopus, Estonia octopus, Greece octopus & Hungary octopus.
Ireland octopus - Production, Exports, Imports, Seasons and HS Codes
The amount of octopus sold by Ireland in 2020 was 2 metric tons. In 2019 Ireland sold 2 tonnes of octopus. Across 2019 alone, the demand for Ireland octopus (seafood category) has gone down, flactuating by -75 pc compared to the year 2018. Between 2017 and 2019, octopus' exports decreased by -87.5% earning Ireland US$0.01m for the year 2019. Ireland's octopus exports are categorised as:
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
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Ireland octopus export values
In 2019, Ireland exported octopus worth 0.01m USD, a reduction of -72.22% from 2018's total octopus export of 0.036m USD. The yearly change in value of Ireland octopus between 2017 to 2018 was -52.632 per cent.
The per year change in the quantity of Ireland's octopus exports between 2017 and 2019 was -87.5 percent when compared to a variation of -75% in the growth rate between 2018 and 2019.
Export markets for Ireland octopus ( in '000$ )
Import/Export Trends
Ireland is a net importer of octopus. The annual growth of Ireland octopus in value between 2015 to 2019 was 184%, per year, while annual growth in quantity was %, per annum.
Ireland bought 26 tonnes of octopus in 2019.