The European Fresh Musky Octopus market experienced notable variations in 2023 with Malta leading at 9.98 euros per metric ton. This was followed by Italy and Slovenia with 7.24 and 6.99 euros respectively, marking impressive growth from Slovenia's 9.58% increase and Italy's 9.14%. Croatia and Spain showed lesser values at 5.26 and 2.98 euros, with Croatia having stagnant growth at 0% and Spain at 4.19%. These figures reflect actual data up to 2023, followed by forecasted values for 2024.
Monitoring future trends in European Fresh Musky Octopus production reveals potential market shifts. Factors such as sustainable fishing practices, evolving consumer preferences, and climate impact could influence changes. Additionally, the role of technology and investment in the fishing industry may alter production costs and efficiencies, further affecting the economic landscape of octopus fisheries.
Top countries in Fresh Musky Octopus Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 9,980 | 2023 | +3.43% | +3.19% | View data |
| 2 | 2 Italy | 7,240 | 2023 | -0.76% | +9.14% | View data |
| 3 | 3 Slovenia | 6,990 | 2023 | -7.41% | +9.58% | View data |
| 4 | 4 Croatia | 5,260 | 2023 | +24.02% | View data | |
| 5 | 5 Spain | 2,980 | 2023 | -8.46% | +4.19% | View data |