The global prepared or preserved octopus imports in 2024 highlight Japan's dominance, capturing 46.28% of the market. The United States follows with 21.29%, while France, Thailand, and Italy trail with shares of 6.08%, 4.64%, and 4.38%, respectively. Notably, Indonesia and Mexico show significant growth trends with year-on-year increases of 42.5% and 30.06%. This strong growth is supported by various factors, including increasing demand and strategic import channels.
Looking ahead, trends to watch in the global prepared or preserved octopus market include:
- Growth in Asian markets led by increasing consumer interest and outsourcing opportunities.
- The impact of environmental policies on octopus fisheries and subsequent import demands.
- Potential shifts in consumer preferences towards sustainable and ethically sourced seafood.
Top countries in Prepared or Preserved Octopus Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 46.28 | 2023 | +2.73% | -0.72% | View data |
| 2 | 2 United States | 21.29 | 2023 | +9.5% | +0.22% | View data |
| 3 | 3 France | 6.08 | 2023 | +11.67% | +5.33% | View data |
| 4 | 4 Thailand | 4.64 | 2023 | +6.03% | +11.77% | View data |
| 5 | 5 Italy | 4.38 | 2023 | -6.76% | -6.48% | View data |
| 6 | 6 Germany | 3.86 | 2023 | +7.12% | +0.23% | View data |
| 7 | 7 Canada | 3.03 | 2023 | +6.6% | +8.36% | View data |
| 8 | 8 Portugal | 2.59 | 2023 | +10.71% | +12.59% | View data |
| 9 | 9 Malaysia | 2.32 | 2023 | +10.77% | +7.18% | View data |
| 10 | 10 Indonesia | 1.54 | 2023 | +57.12% | +42.5% | View data |