What is the price of octopus per kilogram/pound in Turkey today?
The retail price range for Turkey octopus is between US$ 5.67 and US$ 7.92 per kilogram or between US$ 2.57 and US$ 3.59 per pound(lb). Click here to see today's exact prices of octopus in Turkey
The retail price range in Turkish Lira for octopus is between TRY 112.27 and TRY 156.99 per kilogram or between TRY 50.92 and TRY 71.20 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey octopus is between US$ 3.97 and US$ 5.55 per kilogram or between US$ 1.80 and US$ 2.52 per pound(lb).
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Turkey Octopus Export Prices - Historical, Trends and Prediction
The export price per kilogram of Octopus from Turkey over the last five years has seen a steady decline. In 2017, the price was $3.42, followed by $2.96 in 2019, the lowest price in the last five years. Prices then increased to $3.55 in 2020 and $5.11 in 2021, before dropping again to $5.02 in 2022. Looking ahead, we can predict that the export price per kilogram of Octopus from Turkey in 2023 will be around $4.50 and in 2024 will be around $4.00.Turkey Octopus Import Prices - Historical, Trends and Prediction
The import price per kilogram of Octopus into Turkey has seen a steady decline over the past five years. In 2017, the price was 3.42 US dollars per kilogram, and in 2021, it was 5.11 US dollars per kilogram. This represents a decrease of 1.69 US dollars per kilogram over the five-year period. The lowest price was recorded in 2019, when the import price was 2.96 US dollars per kilogram. This was followed by a slight increase in 2020, when the price was 3.55 US dollars per kilogram. The most recent year, 2021, saw a slight increase in the import price, with the price being 5.11 US dollars per kilogram. Based on this trend, it is likely that the import price of Octopus into Turkey will continue to increase in the coming years. We can predict that the import price in 2023 will be around 5.50 US dollars per kilogram, and in 2024, it will be around 5.90 US dollars per kilogram.Export values for Turkey octopus
The total values in export for octopus in Turkey were US$ 220, US$ 547, US$ 1,991 and US$ 849 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Turkey: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Cuttlefish & Squid.
See prices of octopus in other countries across Middle East: Bahrain octopus, Cyprus octopus, Iraq octopus, Israel octopus, Jordan octopus, Kuwait octopus, Lebanon octopus, Palestine octopus, Oman octopus & Qatar octopus.
Turkey octopus - Production, Exports, Imports, Seasons and HS Codes
The volume of octopus sold by Turkey in 2020 was 682 tons. In 2019 Turkey sold 290 tonnes of octopus. For 2019 alone, the interest in Turkey octopus (seafood category) has reduced, flactuating by -13.69 % compared to the year 2018. Between 2017 and 2019, octopus' exports grew by 81.25% netting Turkey US$0.85m for the year 2019. Turkey's octopus exports are categorised as:
- Octopus "Octopus spp.", live, fresh or chilled (HS code 030751)
- Octopus "Octopus spp.", smoked, frozen, dried, salted or in brine (HS code 030759)
- Octopus, prepared or preserved (excluding smoked) (HS code 160555)
- Octopus "Octopus spp.", frozen (HS code 030752)
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Turkey octopus export values
In 2019, Turkey exported octopus with a value of 0.85m USD, a drop of -57.31% from 2018's total octopus export of 1.991m USD. The yearly change in value of Turkey octopus between 2017 to 2018 was 263.985%.
The annual/yearly change in the quantity of Turkey's octopus exports between 2017 and 2019 was 81.25 pc when compared to a variation of -13.69% in the growth rate between 2018 and 2019.
Export markets for Turkey octopus ( in '000$ )
Turkey imported 745 tonnes of octopus in 2019.