In 2023, Italy led global imports of live, fresh, or chilled cuttlefish and squid with a value of $103.04 million, followed by Portugal and Malaysia. The year-on-year growth showed notable increases, especially for the Czech Republic (65.77%) and Malaysia (19.48%), while Vietnam experienced a slight decline of 0.58%. The trend analysis over five years reveals a growing demand across multiple countries, with significant variations in annual growth rates, indicating market volatility.
Future trends to watch include continued demand growth from European countries, driven by dietary preferences and consumption patterns. Additionally, emerging markets may experience heightened import activity, benefitting from improving logistics and trade agreements.
Top countries in Live, Fresh or Chilled Cuttlefish and Squid Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 103,040,000 | 2023 | +2.85% | +1.28% | View data |
| 2 | 2 Portugal | 15,542,000 | 2023 | +4.16% | +20.68% | View data |
| 3 | 3 Malaysia | 12,522,000 | 2023 | +0.38% | +19.48% | View data |
| 4 | 4 Czech Republic | 2,190,800 | 2023 | +41.76% | +65.77% | View data |
| 5 | 5 Greece | 1,831,200 | 2023 | +10.28% | +4.22% | View data |
| 6 | 6 Croatia | 1,767,500 | 2023 | +14.98% | +0.14% | View data |
| 7 | 7 Switzerland | 1,480,300 | 2023 | +4.58% | +6.77% | View data |
| 8 | 8 United Kingdom | 1,047,300 | 2023 | +3.67% | +11.56% | View data |
| 9 | 9 Canada | 927,310 | 2023 | +1.86% | +6.49% | View data |
| 10 | 10 Norway | 542,800 | 2023 | +30% | View data |