Frozen Octopus Market
Frozen octopus market: get access to newly released information empowered by an Ai-driven business intelligence platform. Datasets include market size, exports, consumption, imports, market prices, production, companies, and trade. Here is a split by country, including the Middle East, the U.K., EU, Russia, the U.S., China, Africa, and Latin America. Market insights and forecast to 2030 are also featured in the snapshots.
Need Frozen Octopus Market data? GET FREE ACCESS
Frozen Octopus - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | Japan |
4 | Spain |
5 | South Korea |
In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Japan.
From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -7.3%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-9.7% per year) and Japan (-0.4% per year).
Frozen Octopus Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
India | 3708 | 3240 | 3106 | -8.5% |
Indonesia | 5549 | 5136 | 3866 | -16.5% |
China | 8627 | 7260 | 6362 | -14.1% |
Mauritania | 13630 | 9301 | 6726 | -29.8% |
Morocco | 14132 | 9825 | 8002 | -24.8% |
Vietnam | 6391 | 6143 | 8106 | 12.6% |
Spain | 12174 | 9261 | 8508 | -16.4% |
Average | 9307 | 7644 | 6815 | -14.4% |
Prices varied noticeably by the country of origin; the country with the highest price was Spain ($8,508 per ton), while India ($3,106 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Japan | 11117 | 9289 | 8371 | -13.2% |
Spain | 13687 | 9338 | 7935 | -23.9% |
Portugal | 10465 | 7993 | 7788 | -13.7% |
Italy | 9295 | 7660 | 6827 | -14.3% |
South Korea | 7119 | 6685 | 6231 | -6.4% |
United States | 7526 | 6927 | 5499 | -14.5% |
China | 3436 | 2957 | 2505 | -14.6% |
Average | 9206 | 7523 | 6851 | -13.7% |
Prices varied noticeably by the country of destination; the country with the highest price was Japan ($8,371 per ton), while China ($2,505 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced a decline in the import price figures.
Looking for Custom Market Insights?
Get the research you need to grow.
Schedule a free 30-minute talk with our expert.
Frozen Octopus - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Spain | 0.8 | 0.5 | 0.4 | -29.2% |
South Korea | 0.4 | 0.4 | 0.3 | -11.5% |
Japan | 0.4 | 0.3 | 0.3 | -9.3% |
Italy | 0.5 | 0.3 | 0.3 | -24.6% |
Portugal | 0.2 | 0.1 | 0.1 | -32.2% |
In value terms, Spain ($385M), South Korea ($349M) and Japan ($316M) appeared to be the countries with the highest levels of imports in 2020, with a combined 62% share of global imports. Italy, Portugal, the United States and China lagged somewhat behind, together accounting for a further 27%.
Among the main importing countries, China recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.
Frozen Octopus - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Morocco | 0.6 | 0.4 | 0.4 | -17.4% |
Spain | 0.4 | 0.3 | 0.2 | -22.5% |
Vietnam | 0.3 | 0.2 | 0.2 | -7.2% |
Mauritania | 0.4 | 0.4 | 0.2 | -38.6% |
China | 0.2 | 0.1 | 0.1 | -26.2% |
In value terms, the largest frozen octopus supplying countries worldwide were Morocco ($407M), Spain ($227M) and Vietnam ($218M), together accounting for 57% of global exports.
Vietnam recorded 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 a decline in the exports figures.
Frozen Octopus - Market Forecast
Driven by rising demand for frozen octopus 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 Octopus - Product Coverage
- HS 030752 - Molluscs; octopus (Octopus spp.), frozen
This report provides an in-depth analysis of the global frozen cuttlefishes market.
This report provides an in-depth analysis of the global snail market.
This report provides an in-depth analysis of the global market for frozen scallops, including queen scallop.
This report provides an in-depth analysis of the global molluscs market.
In 2016, the global snail market amounted to X tons, which equated approx. $X in terms of wholesale prices. From 2007 to 2016, the global snail market was gradually growing; however, with some noticeable fluctuations in certain years. A signific
France dominates in the global snail trade. In 2014, France exported X thousand tons of snails totaling X million USD, X% over the previous year. Its primary trading partner was Romania, where it supplied X% of its total snail exports in value
Explore the top import markets for molluscs and discover key statistics and numbers. Spain, China, and Italy lead the way in mollusc imports. Find out more with IndexBox.