In 2023, Portugal led the European whole fresh octopus production in capture fisheries for human consumption, with a share valued at €27.37 million. Spain followed closely with €26.92 million. Notably, France showcased the most significant year-on-year increase of 27.09%, signaling a burgeoning market presence. Conversely, Cyprus experienced a notable decline of 8.73% in its share. Other countries like Croatia and the Netherlands observed growths of 9.29% and 28.29%, respectively, despite smaller overall market sizes. Portugal's robust 4.64% growth suggests a stable market leader position.
Future trends to monitor include France's rapid ascent, likely driven by increased demand or improved capture efficiency. Additionally, Spain's slight decline might need addressing to maintain its competitive edge. Continued innovation in capture technologies and sustainability practices will also play crucial roles in shaping future market shares.
Top countries in Whole Fresh Octopus Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 27.37 | 2023 | -3.06% | +4.64% | View data |
| 2 | 2 Spain | 26.92 | 2023 | -9.59% | -0.53% | View data |
| 3 | 3 Italy | 18.77 | 2023 | -2.05% | -0.19% | View data |
| 4 | 4 Greece | 14.28 | 2023 | +1.83% | +0.38% | View data |
| 5 | 5 France | 13.53 | 2023 | +10.33% | +27.09% | View data |
| 6 | 6 Croatia | 0.8 | 2023 | -13.09% | +9.29% | View data |
| 7 | 7 Cyprus | 0.028 | 2023 | +49.64% | -8.73% | View data |
| 8 | 8 Netherlands | 0.001 | 2023 | +11.78% | +28.29% | View data |
| 9 | 9 Sweden | 0 | 2022 | View data | ||
| 10 | 10 Slovenia | 0 | 2023 | View data |
