In 2023, China led the global export of fresh or chilled live octopus with a value of $139.05 million, followed by Spain at $34.537 million. The industry saw notable year-on-year growth instances, particularly in emerging markets like India (84.73% increase) and Senegal (63.62% increase). Conversely, some markets, such as Madagascar, showed a decline of 17.37%. Significant exporters such as Portugal, Thailand, and France demonstrated modest growth, with increments ranging from 0.46% to 5.26%.
Future trends to watch include potential growth in underrepresented markets through increased demand, technological advances in supply chains, and ecological sustainability efforts. The burgeoning Asian markets, exemplified by China's leading position, are expected to maintain their dominance and potentially expand further.
Top countries in Export of Fresh or Chilled Live Octopus by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 139,050,000 | 2023 | +3.67% | +3.36% | View data |
| 2 | 2 Spain | 34,537,000 | 2023 | +4.09% | +3.86% | View data |
| 3 | 3 Portugal | 16,419,000 | 2023 | +0.83% | +0.46% | View data |
| 4 | 4 Thailand | 11,216,000 | 2023 | +4.74% | +5.26% | View data |
| 5 | 5 France | 5,229,000 | 2023 | +2.12% | +0.79% | View data |
| 6 | 6 Italy | 2,856,600 | 2023 | -0.15% | +0.076% | View data |
| 7 | 7 Morocco | 1,785,700 | 2023 | -22.13% | +47.52% | View data |
| 8 | 8 Myanmar | 1,408,900 | 2023 | +6.19% | +2.31% | View data |
| 9 | 9 Egypt | 997,870 | 2023 | +4.5% | +5.89% | View data |
| 10 | 10 Netherlands | 913,700 | 2023 | +5.86% | +2.61% | View data |
