The 2023 European fresh horned octopus market showed significant disparity among countries. Malta led, offering the highest price at €10.0 per metric ton, with Italy following at €8.02. Spain and Portugal marked €3.82 and €2.45, respectively. Notably, Italy exhibited a marked 7.8% increase from previous years, underscoring its prominence. Spain saw a modest rise of 2.28%, while Portugal grew by 1.58%. Croatia remained unchanged. The five-year CAGR suggests consistent upward trends in European markets.
Future trends may include increased production efficiency, enhanced sustainable fishing practices, and market expansion driven by growing demand for octopus-driven cuisines. Observing regulatory impacts and environmental factors influencing octopus habitats in the Mediterranean may also be pivotal.
Top countries in Fresh Horned Octopus Production in Capture Fisheries for Human Consumption 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 | 3,820 | 2023 | +3.16% | +2.28% | View data |
| 4 | 4 Portugal | 2,450 | 2023 | +3.02% | +1.58% | View data |
| 5 | 5 Croatia | 2,140 | 2023 | -4.01% | View data | |
| 6 | 6 Netherlands | 1,300 | 2022 | View data |
