In 2023, Italy showed significant growth in horned octopus production with a value of 7.8, marking a strong year-on-year increase of 7.8%. Spain and Portugal also experienced gains at 2.3% and 1.47% respectively. Croatia maintained stable figures. By 2024, Malta leads the European scene with the highest value at 10.0 thousand euros per metric ton, followed by Italy at 8.02. Over the past five years, Italy has been the standout performer while overall production displays modest increments across the region.
Key future trends include:
- Increased focus on sustainable capture practices might impact production volumes and values.
- Regulatory changes pertaining to marine conservation could affect production strategies.
- Technological advancements in capture methods and processing could enhance efficiency.
Top countries in Total Horned Octopus Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 10,000 | 2021 | +3.52% | View data | |
| 2 | 2 Italy | 8,020 | 2023 | +8.39% | +7.8% | View data |
| 3 | 3 Spain | 3,790 | 2023 | +4.79% | +2.3% | View data |
| 4 | 4 Portugal | 2,440 | 2023 | +2.6% | +1.47% | View data |
| 5 | 5 Croatia | 2,140 | 2023 | -1.85% | View data | |
| 6 | 6 Netherlands | 1,300 | 2022 | View data |
