In 2023, Malta led European Total Horned Octopus production at 10,000 euros per metric ton, followed by Italy at 8,020 euros. Spain, Portugal, and Croatia had values at 3,790, 2,440, and 2,090, respectively, while the Netherlands trailed at 1,300 euros. Italy showed a robust year-on-year increase of 7.8%, while Spain and Portugal experienced modest growth, and Croatia remained stagnant. Over a five-year period, the CAGR indicates steady growth in value for most countries.
Forecasts for 2024 suggest cautious optimism, with growth potential in sustainable practices and technological advancements in capture fisheries. Monitoring regulatory changes and environmental impacts will be crucial for sustained development.
Top countries in Total 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 | 3,790 | 2023 | +4.79% | +2.3% | View data |
| 4 | 4 Portugal | 2,440 | 2023 | +2.56% | +1.49% | View data |
| 5 | 5 Croatia | 2,090 | 2023 | -4.01% | View data | |
| 6 | 6 Netherlands | 1,300 | 2022 | View data |
