In 2023, the Netherlands dominated the global exports market for live, fresh or chilled octopus with a significant share. Belgium and Germany followed, with noticeable but smaller portions of the market. Greece and Russia exhibited strong year-on-year growth, over 20%, reflecting a dynamic shift in the EU and Eastern European regions. The United States saw a decline, indicating potential market shifts or competition challenges. Despite smaller shares, Lithuania and Austria stood out with over 20% growth, spotlighting emerging players in this segment. Conversely, Croatia experienced a sharp decline, over 60%, highlighting volatility.
Looking forward, technological advancements in cold chain logistics and consumer preference for more diverse seafood options are expected to drive changes. Monitoring the rising demand in Asian markets and the impact of trade regulations will be critical. Sustainability trends could also reshape supply chains and influence exporters' competitive strategies.
Top countries in Live, Fresh or Chilled Octopus Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 28.6 | 2023 | +27.89% | +0.81% | View data |
| 2 | 2 Belgium | 19.49 | 2023 | +7.48% | +9.09% | View data |
| 3 | 3 Germany | 18.38 | 2023 | +14.94% | +2.15% | View data |
| 4 | 4 United Kingdom | 6.33 | 2023 | +17.16% | +10.72% | View data |
| 5 | 5 Greece | 6.06 | 2023 | +27.85% | +20.8% | View data |
| 6 | 6 Czech Republic | 5.24 | 2023 | +3.55% | +11.22% | View data |
| 7 | 7 Russia | 4.24 | 2023 | +16.06% | +20.79% | View data |
| 8 | 8 Romania | 3.54 | 2023 | +36.72% | +20.2% | View data |
| 9 | 9 United States | 1.92 | 2023 | +0.57% | -21.89% | View data |
| 10 | 10 India | 0.82 | 2021 | -11.72% | -35.81% | View data |
