The global export landscape for live, fresh, or chilled cuttlefish and squid as of 2023 is dominated by the United Kingdom with a market size of $36.931 million, followed by China at $32.123 million. China demonstrated a robust year-on-year growth of 43.2%, indicating its strengthening position in global exports. Meanwhile, countries like India, Indonesia, and Denmark also showcased notable growth, reflecting emerging competitiveness in the market. Conversely, countries like Vietnam, Czech Republic, Sweden, and Bulgaria experienced declines, suggesting potential market challenges or restructuring efforts.
Future trends to watch include:
- The continuation of China's upward trajectory in global exports, potentially overtaking traditional leaders.
- Market expansions from countries with emerging growth patterns like Indonesia and Denmark.
- The impacts of changing trade policies and environmental concerns on supply chains and export capabilities.
Top countries in Live, Fresh or Chilled Cuttlefish and Squid Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 36,931,000 | 2023 | +9.98% | +0.2% | View data |
| 2 | 2 China | 32,123,000 | 2023 | +16.98% | +43.2% | View data |
| 3 | 3 Belgium | 8,254,500 | 2023 | +11.91% | -2.14% | View data |
| 4 | 4 Ireland | 2,126,500 | 2023 | +13.88% | +2.84% | View data |
| 5 | 5 India | 1,530,400 | 2021 | -27.88% | -60.58% | View data |
| 6 | 6 Indonesia | 1,104,300 | 2023 | +2.35% | +15.42% | View data |
| 7 | 7 Vietnam | 825,220 | 2023 | +23.06% | -19.82% | View data |
| 8 | 8 Denmark | 812,090 | 2023 | +0.97% | +16.4% | View data |
| 9 | 9 Peru | 589,880 | 2023 | +18.38% | View data | |
| 10 | 10 Czech Republic | 195,850 | 2023 | +0.18% | -5.65% | View data |