In 2023, Italy dominated the global live, fresh, or chilled cuttlefish and squid import market with a significant share of 74.89% by value, followed by Portugal with 11.3% and Malaysia with 9.1%. Czech Republic showed impressive growth with a year-on-year increase of 65.77%, signaling an emerging market. Other countries such as Greece, Croatia, and Canada experienced moderate increases, while Vietnam observed a slight decline. Over the last five years, growth in this market has been uneven across countries.
Future trends to watch include the potential for continued expansion in emerging markets like the Czech Republic and increased market share for Portugal and Malaysia. The importance of sustainable practices and potential impact of global economic conditions on import patterns will also be key factors to monitor in this industry.
Top countries in Live, Fresh or Chilled Cuttlefish and Squid Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 74.89 | 2023 | +2.85% | +1.28% | View data |
| 2 | 2 Portugal | 11.3 | 2023 | +4.16% | +20.68% | View data |
| 3 | 3 Malaysia | 9.1 | 2023 | +0.38% | +19.48% | View data |
| 4 | 4 Czech Republic | 1.59 | 2023 | +41.76% | +65.77% | View data |
| 5 | 5 Greece | 1.33 | 2023 | +10.28% | +4.22% | View data |
| 6 | 6 Croatia | 1.28 | 2023 | +14.98% | +0.14% | View data |
| 7 | 7 Switzerland | 1.08 | 2023 | +4.58% | +6.77% | View data |
| 8 | 8 United Kingdom | 0.76 | 2023 | +3.67% | +11.56% | View data |
| 9 | 9 Canada | 0.67 | 2023 | +1.86% | +6.49% | View data |
| 10 | 10 Norway | 0.39 | 2023 | +30% | View data |