Cuttlefish & Squid Prices in Iceland
| Variety | Market level | Price (US$/kg) | Local (ISK) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 4.31 | 604 | ▲ 14.2% | ▲ 14.2% | UN Comtrade (unit value) |
As of June 2026, the cuttlefish & squid price in Iceland available is US$ 4.31 per kg (604 ISK), up 14.2% year-on-year.
In 2024, Iceland exported 568 tonnes of cuttlefish and squid valued at US$2,143,172, ranking #43 among 81 global exporters and accounting for 0.0% of world exports. Export volume declined by 23.9% year-on-year. The latest export unit value is US$4.3124 per kg. Iceland is a net exporter of cuttlefish and squid.
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Cuttlefish & Squid Price History & Trend
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Production, Exports, Imports & HS Codes - cuttlefish & squid in Iceland
In 2024, Iceland exported 568 tonnes of cuttlefish and squid valued at US$2,143,172, ranking #43 among 81 global exporters and accounting for 0.0% of world exports. Export volume declined by 23.9% year-on-year. The latest export unit value is US$4.3124 per kg. Iceland is a net exporter of cuttlefish and squid.
Exports UN Comtrade · 2024
In 2024, Iceland exported $2.1M (567.7 t) of cuttlefish & squid▼ 23.9% YoY. That ranks #43 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top cuttlefish & squid exporters worldwide UN Comtrade · 2024
- #1 China $1.7B · 26.6%
- #2 Indonesia $727.3M · 11.4%
- #3 India $601M · 9.4%
- #4 Spain $511.2M · 8%
- #5 Morocco $471.5M · 7.4%
Annual export data Iceland · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $2.1M | 567.7 t | $3.78 |
| 2023 | $2.8M | 834 t | $3.38 |
| 2022 | $2.2M | 732.6 t | $3.01 |
| 2021 | $845.9K | 186 t | $4.55 |
| 2020 | $1.1M | 280.9 t | $3.75 |
HS Code
cuttlefish & squid is traded under Harmonized System code 0307.43. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.