Global Frozen Cuttlefish and Squid Exports by Country

The global frozen cuttlefish and squid export market demonstrates varied performance across countries in 2023. India leads as the top exporter with a value above $692 million, experiencing a modest annual growth rate of 1.49%. Indonesia, with a significant 8.03% increase, stands as a prominent competitor. Conversely, countries like Chile and Germany face declines, with -12.95% and -7.55% respectively. Meanwhile, Malaysia, Lithuania, and the Czech Republic show promising expansions, with Malaysia achieving a robust 12.64% growth.

Future trends to watch include:

  • Continued growth in Southeast Asia, especially Indonesia and Malaysia, potentially driven by increased demand in major import regions.
  • Potential challenges in European markets affected by environmental regulations and competition.
  • Technological advancements in supply chain and logistics influencing export efficiencies.
  • Shifts in consumer preferences possibly affecting demand dynamics, particularly in Western markets.

Top countries in Frozen Cuttlefish and Squid Exports by Country

# 10 Countries US Dollars Last Year YoY 5-years CAGR
1 1 India 692,940,000 2023 +11.14% +1.49% View data
2 2 Indonesia 575,100,000 2023 +7.96% +8.03% View data
3 3 Spain 432,190,000 2023 +6.59% +2.12% View data
4 4 Thailand 259,000,000 2023 +6.62% -0.076% View data
5 5 United States 121,740,000 2023 -1.54% +0.28% View data
6 6 Chile 95,839,000 2023 +3.45% -12.95% View data
7 7 Malaysia 87,448,000 2023 +2.39% +12.64% View data
8 8 Portugal 84,597,000 2023 +10.87% -0.78% View data
9 9 Netherlands 38,897,000 2023 +5.09% +2.24% View data
10 10 United Kingdom 33,524,000 2023 +10.64% +3.18% View data

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