In 2023, Portugal led in fresh octopus production for human consumption in Europe, holding a 27.4% market share, followed closely by Spain at 26.89%. Italy, France, and Greece held notable shares as well, with Italy at 18.78%, France at 14.7%, and Greece at 14.28%. Portugal saw a year-on-year increase of 4.65%, whereas Spain experienced a slight decline of 0.73%. France marked significant growth with a 29.22% increase. Croatia, though a smaller player, grew by 9.29%, while Cyprus saw a substantial decrease of 8.73%.
Future trends to monitor include:
- Portugal’s continued growth and potential market leadership, driven by increasing consumer demand.
- Spain's strategic adjustments to counteract the minor decline observed.
- France’s strategic expansions or market adjustments given its remarkable growth in 2023.
- Monitoring of smaller markets like Croatia and Cyprus for emerging potential or further declines.
Top countries in Fresh Octopus Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 27.4 | 2023 | -3.1% | +4.65% | View data |
| 2 | 2 Spain | 26.89 | 2023 | -9.74% | -0.73% | View data |
| 3 | 3 Italy | 18.78 | 2023 | -2.05% | -0.19% | View data |
| 4 | 4 France | 14.7 | 2023 | +19.88% | +29.22% | View data |
| 5 | 5 Greece | 14.28 | 2023 | +1.83% | +0.38% | View data |
| 6 | 6 Croatia | 0.8 | 2023 | -13.09% | +9.29% | View data |
| 7 | 7 Cyprus | 0.028 | 2023 | +49.64% | -8.73% | View data |
| 8 | 8 Netherlands | 0.001 | 2023 | +11.96% | +28.33% | View data |
| 9 | 9 Sweden | 0 | 2022 | View data | ||
| 10 | 10 Slovenia | 0 | 2023 | View data |
