Mollusc preparations: cuttle fish and squid, prepared or preserved

In 2024, mollusc preparations: cuttle fish and squid, prepared or preserved trade exhibited significant decline, with global flows reaching $1,512,225,252 and a three-year compound annual growth rate of -8.1% (five-year: +2.1%). The all-time peak of $2,201,074,653 was recorded in 2022; the current level is 31% below that high-water mark.

Over the 30-year observation window (1995–2024), 76% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-14.9% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.508). The three largest exporters — China ($1.1B), Spain ($130.1M), and Peru ($78.2M) — collectively dominate supply flows. The leading exporter has grown at -9.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.098). The three largest import markets are Japan ($274.9M), Thailand ($246.2M), and South Korea ($186.6M). The largest importing market sources from 14 different supplying countries.

The dominant trade corridor is China → Japan at $252.5M, representing 91.8% of the importer's total demand.

The volatility score for mollusc preparations: cuttle fish and squid, prepared or preserved is 15 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.