In 2023, China led the global export of fresh or chilled live octopus with a substantial share, despite a slight decline of 2.32%. Spain, as the second-largest exporter, witnessed a positive growth of 2.8%. Notably, countries like Senegal and Mozambique showed remarkable year-on-year growth rates of 69.67% and 19.64% respectively, indicating emerging markets in Africa. Portugal, France, and Italy experienced minor declines, illustrating volatility in European markets. Despite being a smaller player, Bulgaria showed significant growth at 23.54%. The global market portrayed diverse regional dynamics, with both established and emerging countries participating actively.
Future trends to watch include:
- Continued growth in African exports, particularly from Senegal and Mozambique.
- Potential recovery in countries with declining exports like Italy and South Korea.
- Structural shifts in Asian and European markets possibly influencing global distribution.
Top countries in Export of Fresh or Chilled Live Octopus Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 48.52 | 2023 | -3.98% | -2.32% | View data |
| 2 | 2 Spain | 23.69 | 2023 | +1.66% | +2.8% | View data |
| 3 | 3 Portugal | 14.25 | 2023 | -1.57% | -0.83% | View data |
| 4 | 4 Thailand | 12.77 | 2023 | +4.26% | +5.42% | View data |
| 5 | 5 Myanmar | 3.66 | 2023 | +5.74% | +3.65% | View data |
| 6 | 6 France | 2.73 | 2023 | -3.73% | -2.82% | View data |
| 7 | 7 Italy | 1.2 | 2023 | -5.06% | -3.47% | View data |
| 8 | 8 Belgium | 0.83 | 2023 | +3.99% | +2.85% | View data |
| 9 | 9 Egypt | 0.63 | 2023 | +1.43% | +6.13% | View data |
| 10 | 10 Netherlands | 0.53 | 2023 | +5.76% | +2.45% | View data |
