In 2023, Italy led in the European frozen squid, cuttlefish, and octopus market with 9.07 thousand Euros per metric ton, experiencing a 9.36% year-on-year increase. The United Kingdom saw a negative change of 1.06%, with its value at 3.08. Spain and the Netherlands observed significant declines at 3.56% and 28.8%, positioning them at 2.46 and 1.55 respectively, while Germany showed remarkable growth, increasing by 17.83% to 0.74. France and Portugal maintained moderate positions with values of 4.65 and 1.78. The CAGR over the last five years reflected varied national performances.
Future trends to watch include the impact of environmental regulations and climate change on capture fisheries production. Innovations in sustainable fishing practices and regional collaborations could shape the dynamic nature of the European frozen seafood market, potentially influencing national and cross-border supply chains.
Top countries in Frozen Squids, Cuttlefishes, Octopuses Production in Capture Fisheries by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 9,070 | 2023 | -22.41% | +9.36% | View data |
| 2 | 2 France | 4,650 | 2022 | +135.68% | View data | |
| 3 | 3 United Kingdom | 3,080 | 2023 | +2.39% | -1.06% | View data |
| 4 | 4 Spain | 2,460 | 2023 | -13.67% | -3.56% | View data |
| 5 | 5 Portugal | 1,780 | 2021 | -0.77% | View data | |
| 6 | 6 Netherlands | 1,550 | 2023 | +428.69% | -28.8% | View data |
| 7 | 7 Germany | 738.04 | 2023 | +14.81% | +17.83% | View data |
