ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

Global appetite for octopus sends prices soaring

Poor spring catch of African imports also blamed for seafood's higher costs

Prices for imported African octopus are now nearly as high as those for the Japanese variety.

TOKYO -- Prices for octopus, typically regarded as low-cost seafood, are surging.

The price rise is being blamed on a sluggish spring catch coupled with increased consumption in the West, where historically octopus has not been a popular menu item.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more