In 2023, China and India were leading exporters of dried, salted, or in brine, smoked octopus, holding a combined export share of over 71%. Despite a slight decline in their export values (China -1.84%, India -3.33%), emerging contributors like Indonesia (+69.28%) and Peru (+87.79%) demonstrated significant growth, reflecting a shift towards diversified sources.
Other markets such as Portugal, Russia, and Belgium saw declines of -17.13%, -8.38%, and -13.03% respectively, indicating challenges in maintaining their shares. In contrast, Czech Republic and Chile experienced marginal growth, and Vietnam emerged as a key player with a 63.91% increase.
Future trends to watch include further diversification of global supply sources as countries like Indonesia and Peru gain prominence. Additionally, market participants should monitor changes in consumer demand patterns and regulatory shifts that could impact trade dynamics.
Top countries in Dried, Salted or In Brine, Smoked Octopus Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 40.72 | 2023 | +58.66% | -1.84% | View data |
| 2 | 2 India | 30.41 | 2023 | +18.76% | -3.33% | View data |
| 3 | 3 Indonesia | 8.87 | 2023 | +7.31% | +69.28% | View data |
| 4 | 4 Netherlands | 6.15 | 2021 | +231.42% | +210.38% | View data |
| 5 | 5 Brazil | 6.11 | 2021 | +71210% | View data | |
| 6 | 6 Peru | 3.19 | 2023 | +1.6% | +87.79% | View data |
| 7 | 7 Portugal | 1.12 | 2023 | -1.64% | -17.13% | View data |
| 8 | 8 Russia | 0.96 | 2023 | -23% | -8.38% | View data |
| 9 | 9 Belgium | 0.88 | 2023 | +5.18% | -13.03% | View data |
| 10 | 10 Czech Republic | 0.4 | 2023 | +7.43% | +4.07% | View data |
