What is the price of octopus per kilogram/pound in Senegal today?
The retail price range for Senegal octopus is between US$ 7.63 and US$ 17.17 per kilogram or between US$ 3.46 and US$ 7.79 per pound(lb). Click here to see today's exact prices of octopus in Senegal
The retail price range in CFA Franc BCEAO for octopus is between XOF 4,654.15 and XOF 10,471.83 per kilogram or between XOF 2,110.72 and XOF 4,749.13 per pound(lb) in Dakar and Touba.
Wholesale prices
In 2024, the approximate wholesale price range for Senegal octopus is between US$ 5.34 and US$ 12.02 per kilogram or between US$ 2.42 and US$ 5.45 per pound(lb).
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Senegal Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Senegal over the last five years has been relatively stable. In 2017, the price was 7.25 US$ per kg, followed by a significant increase to 10.45 US$ per kg in 2018. In 2019, the price dropped to 6.94 US$ per kg and then further decreased to 6.45 US$ per kg in 2020. This year, 2021, the price has increased again to 9.49 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Octopus from Senegal in 2023 will be around 8.02 US$ per kg and in 2024 it will be around 8.96 US$ per kg.Senegal Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Senegal over the last five years has been relatively stable. In 2017, the price was 7.25 US dollars per kg, followed by a significant increase to 10.45 US dollars per kg in 2018. This was followed by a decrease to 6.94 US dollars per kg in 2019 and 6.45 US dollars per kg in 2020. The price then increased again to 9.49 US dollars per kg in 2021. Based on this trend, it is likely that the price of Octopus in 2023 will be around 8.50 US dollars per kg and in 2024 it will be around 9.00 US dollars per kg.Export values for Senegal octopus
The total values in export for octopus in Senegal were US$ 26,856, US$ 34,923, US$ 81,571 and US$ 65,176 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Senegal: 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.
Senegal octopus - Production, Exports, Imports, Seasons and HS Codes
In 2019 Senegal sold 9,389 tonnes of octopus. For the year 2019 alone, the interest in Senegal octopus (seafood category) has gone up, with a change of 20.018 per cent compared to the year 2018. Between 2017 and 2019, octopus' exports went up by 93.27 percent netting the country US$65.18m for the year 2019. Senegal's octopus exports are classified as:
- Octopus "Octopus spp.", frozen (HS code 030752)
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
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Senegal octopus export values
In 2019, Senegal exported octopus with a value of 65.18m USD, a contraction of -20.09% from 2018's total octopus export of 81.571m USD. The annual change in value of Senegal octopus between 2017 to 2018 was 133.574 pc.
The yearly change in the volume of Senegal's octopus exports between 2017 and 2019 was 93.27 per cent compared to a variation of 20.018% in the period between 2018 and 2019.
Export markets for Senegal octopus ( in '000$ )
Senegal bought 230 tonnes of octopus in 2019.