Forecast: Frozen Octopus Imports to Italy

In 2023, Italy's frozen octopus imports were valued at 381 million USD. From 2024 to 2028, forecasts indicate a gradual annual increase in import values, starting at 391.36 million USD in 2024 and reaching 430.37 million USD in 2028. This represents a steady year-on-year growth trend, with an indicative Compound Annual Growth Rate (CAGR) reflecting consistent market demand and potential price or volume changes.

Future trends to watch for include:

  • Potential impacts of global seafood supply chain disruptions due to climate change or geopolitical factors.
  • Shifts in consumer preferences towards sustainable and ethically sourced seafood products.
  • Currency exchange fluctuations impacting import costs and profitability.

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