Chris Loew

A recent study has investigated the unique challenges of managing the global octopus fishery.

Global octopus landings in 2020 totaled 377,818 metric tons (MT), according to the Food and Agriculture Organization (FAO). China landed 27.8 percent of this total, while countries in West Africa, including Morocco and Mauritania, accounted for 24 percent of the catch.

Other large producers of octopus include Mexico, which hauled in 9.2 percent of the

Tokyo, Japan-based Kyokuyo Co. – Japan’s fourth-largest seafood company in total sales – recently suffered a year-over-year dip in sales and profits, the company reported in its financial results for the period 1 April through 31 December 2023.

Net sales for Kyokuyo were down 5.5 percent year over year, totaling JPY 201.6 billion (USD 1.3 billion, EUR 1.2 billion), and operating profit dropped 14.5 percent, slipping to JPY 6.94