The global export landscape of fresh or chilled live octopus in 2023 highlighted China as the leader, contributing the highest volume. Despite this, China's annual export decreased by 2.32%, while Spain and Thailand showed positive growth with increases of 2.8% and 5.42%, respectively. Emerging exporters like Senegal and Mozambique experienced remarkable growths of 69.67% and 19.64%, suggesting increasing regional competitiveness. Meanwhile, notable declines were observed in South Korea and the United States, decreasing by 21.35% and 8.67%, respectively. Despite being smaller players, Bulgaria and Greece saw significant year-on-year increases.
Future trends to watch include the rising prominence of African exporters such as Senegal, bolstered by significant output growth. Shifts in European markets, possibly driven by sustainability practices, may affect nations like Spain and Portugal. Ongoing geopolitical tensions and economic developments could influence major exporting countries such as China, adding layers of complexity to global trade dynamics.
Top countries in Export of Fresh or Chilled Live Octopus by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,441,300 | 2023 | -3.98% | -2.32% | View data |
| 2 | 2 Spain | 3,144,900 | 2023 | +1.66% | +2.8% | View data |
| 3 | 3 Portugal | 1,891,700 | 2023 | -1.57% | -0.83% | View data |
| 4 | 4 Thailand | 1,695,000 | 2023 | +4.26% | +5.42% | View data |
| 5 | 5 Myanmar | 485,590 | 2023 | +5.74% | +3.65% | View data |
| 6 | 6 France | 362,950 | 2023 | -3.73% | -2.82% | View data |
| 7 | 7 Italy | 159,040 | 2023 | -5.06% | -3.47% | View data |
| 8 | 8 Belgium | 109,640 | 2023 | +3.99% | +2.85% | View data |
| 9 | 9 Egypt | 84,030 | 2023 | +1.43% | +6.13% | View data |
| 10 | 10 Netherlands | 70,590 | 2023 | +5.76% | +2.45% | View data |