The global imports of prepared or preserved octopus were led by Japan and the United States in 2023, with Japan significantly ahead in value. Notably, Indonesia and Mexico saw remarkable year-on-year import increases, at 42.5% and 30.06% respectively, indicating growth in new and emerging markets. Italy and Japan, on the other hand, experienced declines in import values over the same period. The Compound Annual Growth Rate (CAGR) over the last five years shows emerging markets expanding their footprint in the octopus import landscape, reflecting diversification in seafood consumption.
Future trends to watch include:
- Continued growth in emerging markets, such as Indonesia and Mexico, driven by changing dietary trends and growing middle-class populations.
- The potential impact of environmental and sustainability concerns on octopus supply and trade policies.
- Technological advancements in preservation methods which could expand market reach and consumption patterns.
Top countries in Prepared or Preserved Octopus Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 81,512,000 | 2023 | +2.73% | -0.72% | View data |
| 2 | 2 United States | 37,493,000 | 2023 | +9.5% | +0.22% | View data |
| 3 | 3 France | 10,716,000 | 2023 | +11.67% | +5.33% | View data |
| 4 | 4 Thailand | 8,165,300 | 2023 | +6.03% | +11.77% | View data |
| 5 | 5 Italy | 7,713,600 | 2023 | -6.76% | -6.48% | View data |
| 6 | 6 Germany | 6,803,200 | 2023 | +7.12% | +0.23% | View data |
| 7 | 7 Canada | 5,343,400 | 2023 | +6.6% | +8.36% | View data |
| 8 | 8 Portugal | 4,555,600 | 2023 | +10.71% | +12.59% | View data |
| 9 | 9 Malaysia | 4,078,200 | 2023 | +10.77% | +7.18% | View data |
| 10 | 10 Indonesia | 2,715,100 | 2023 | +57.12% | +42.5% | View data |
