The global export market for dried, salted, or in brine, smoked octopus is led by China, with $5.72 million in exports, followed by India at $4.27 million. Notably, Indonesia has experienced a substantial 69.28% increase, while Peru shows the highest growth at 87.79%. Conversely, Portugal and Slovenia saw declines of 17.13% and 17.74%, respectively. Other top exporters include the Netherlands and Brazil. Year-on-year variations indicate dynamic shifts in the market over the past year, with Vietnam also showing a significant 63.91% increase. The Compound Annual Growth Rate (CAGR) over the last five years will provide further understanding of longer-term trends.
Future trends to watch in global exports of dried, salted, or in brine, smoked octopus involve the increasing demand from emerging markets, sustainability concerns, and evolving consumer preferences for niche seafood products. Additionally, geopolitical tensions and economic conditions will continue to affect trade dynamics. Monitoring such factors will be pivotal in anticipating shifts in the global export landscape for octopus products.
Top countries in Dried, Salted or In Brine, Smoked Octopus Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,719,600 | 2023 | +58.66% | -1.84% | View data |
| 2 | 2 India | 4,272,400 | 2023 | +18.76% | -3.33% | View data |
| 3 | 3 Indonesia | 1,246,600 | 2023 | +7.31% | +69.28% | View data |
| 4 | 4 Netherlands | 864,180 | 2021 | +231.42% | +210.38% | View data |
| 5 | 5 Brazil | 858,610 | 2021 | +71210% | View data | |
| 6 | 6 Peru | 447,620 | 2023 | +1.6% | +87.79% | View data |
| 7 | 7 Portugal | 157,410 | 2023 | -1.64% | -17.13% | View data |
| 8 | 8 Russia | 135,000 | 2023 | -23% | -8.38% | View data |
| 9 | 9 Belgium | 124,250 | 2023 | +5.18% | -13.03% | View data |
| 10 | 10 Czech Republic | 56,370 | 2023 | +7.43% | +4.07% | View data |
