ANALYSIS: Octopus Market Under Pressure from Decreased Supply and Tariff Headwinds
The U.S. octopus market has maintained a firm undertone across all major origins through most of 2025, with no significant relief in sight. Spanish octopus, in particular, remains under pronounced supply pressure, and market sources suggest that any real improvement in availability or pricing is unlikely before late 2025 or beyond.
U.S. Census import data for January through June highlights the ongoing constraints. While Spanish octopus imports saw a modest year-over-year increase of 1.8% in January, volumes have steadily declined since, with the largest drops recorded in...
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