In 2023, Malta led European Fresh Horned Octopus production with 10.0 thousand euros per metric ton, followed by Italy at 8.02, Spain at 3.89, Portugal at 2.45, Croatia at 2.14, and the Netherlands at 1.3. Italy saw a 7.8% year-on-year increase, while Spain grew by 2.28%, and Portugal by 1.46%. Croatia's production remained flat.
Future trends to watch for include:
- Potential growth in Malta continuing to lead the market.
- Italy's upward trend in production value could present further opportunities.
- Spain and Portugal's steady growth forecasts point to stable market development.
- Croatia may explore avenues to enhance its production value.
- Technological advancements and sustainable practices could impact future production dynamics.
Top countries in Fresh Horned Octopus Production in Capture Fisheries 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 | 3,890 | 2023 | +3.16% | +2.28% | View data |
| 4 | 4 Portugal | 2,450 | 2023 | +2.56% | +1.46% | View data |
| 5 | 5 Croatia | 2,140 | 2023 | -1.85% | View data | |
| 6 | 6 Netherlands | 1,300 | 2022 | View data |
