Report Update: Apr 1, 2024

World - Frozen Cuttlefishes - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Frozen cuttlefishes market

Frozen Cuttlefishes - World's Largest Markets

Rating	Country
1	India
2	Spain
3	Peru
4	Indonesia
5	Democratic People's Republic of Korea

In value terms, India, Spain and Peru appeared to be the countries with the highest levels of market value in 2020, with a combined 47% share of the global market. These countries were followed by Indonesia, Democratic People's Republic of Korea, New Zealand, Hong Kong SAR and Thailand, which together accounted for a further 33%.

Indonesia (+92.8% per year) recorded the highest growth rate of market size, among the main consuming countries over the period under review, while frozen cuttlefishes market for the other global leaders experienced more modest paces of growth.

Frozen Cuttlefishes Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Ghana	1750	1113	1049	-22.6%
Ecuador	1730	2348	2649	23.7%
United States	2639	2830	2716	1.4%
India	4386	4487	3809	-6.8%
Mauritania	5784	5800	4453	-12.3%
Malaysia	4164	4342	4527	4.3%
Yemen	4441	4554	4683	2.7%
Senegal	5197	5104	4931	-2.6%
Spain	5409	5453	5381	-0.3%
Vietnam	5956	4946	5397	-4.8%
Democratic People's Republic of Korea	4729	5259	5849	11.2%
South Africa	6231	6130	6031	-1.6%
China	3414	4126	7245	45.7%
Average	3517	3536	4983	19.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($7,245 per ton), while Ghana ($1,049 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Hong Kong SAR	6813	7493	8242	10.0%
Canada	5790	6087	6400	5.1%
Malaysia	4748	5313	5327	5.9%
Italy	6586	7016	5211	-11.0%
South Korea	5205	4821	4773	-4.2%
United States	5064	5153	4587	-4.8%
China	2706	2964	2979	4.9%
Thailand	2529	2487	2527	0.0%
South Africa	2645	2631	2492	-2.9%
Russia	2174	2089	2112	-1.4%
Brazil	2226	2057	1900	-7.6%
Mexico	2318	2453	1773	-12.5%
Morocco	2133	1830	1570	-14.2%
Average	3972	3945	4066	1.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hong Kong SAR ($8,242 per ton), while Morocco ($1,570 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Frozen Cuttlefishes - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Hong Kong SAR	0.1	0.1	0.1	6.9%
Canada	0.07	0.07	0.07	5.2%
Thailand	0.4	0.4	0.06	-61.9%
United States	0.1	0.1	0.05	-40.6%
South Korea	0.04	0.04	0.03	-15.6%

In value terms, the largest frozen cuttlefishes importing markets worldwide were Hong Kong SAR ($138M), Canada ($74M) and Thailand ($58M), together comprising 39% of global imports. These countries were followed by the United States, South Korea, Brazil, China, Malaysia, Italy, Russia, Mexico, Morocco and South Africa, which together accounted for a further 35%.

Russia (+343.9% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Frozen Cuttlefishes - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Vietnam	0.1	0.1	0.1	5.0%
South Africa	0.07	0.07	0.07	-1.0%
China	0.2	0.2	0.05	-55.0%
Spain	0.3	0.4	0.04	-64.4%
Mauritania	0.03	0.06	0.03	-11.2%

In value terms, the largest frozen cuttlefishes supplying countries worldwide were Vietnam ($125M), South Africa ($65M) and China ($51M), together comprising 50% of global exports. Spain, Mauritania, Senegal, Democratic People's Republic of Korea, Yemen, India, Malaysia, Ecuador, Ghana and the United States lagged somewhat behind, together comprising a further 36%.

Ecuador (+50.9% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Frozen Cuttlefishes - Market Forecast

Driven by rising demand for frozen cuttlefishes worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Frozen Cuttlefishes - Product Coverage

HS 030749 - Molluscs; cuttle fish and squid, whether in shell or not, includes flours, meals, and pellets of molluscs, fit for human consumption, dried, salted, in brine, or smoked, cooked or not before or during the smoking process

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global frozen cuttlefishes market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023