Fresh octopus costs more than 200 pesos per kilo in Mexico City

Published 2024년 8월 20일

Tridge summary

The article explains the significant increase in octopus prices in Mexico, with a kilogram now costing up to 325 pesos in popular markets and supermarkets, a major rise from the previous selling price of 70-100 pesos in August 2023. This price hike is largely due to a severe drop in production, with a decrease of 62% in 2023. The reduced production numbers are largely attributed to adverse climatic conditions in the key production areas, particularly affecting the second-largest producer, Campeche, which accounts for nearly 32% of Mexico's total octopus production. Consequently, the balance of the national production has shifted towards Yucatán, which now contributes 76% of the total production volume.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As for the reasons for the price increase, local sources believe that it is due to the climatic conditions in the production areas. In August 2023, a kilogram of octopus sold for between 70-100 pesos, but this month it reached 200 pesos in coastal areas, and in popular markets and supermarkets it sold for up to 325 pesos. Behind this trend is a 62% drop in production in 2023. According to the National Aquaculture and Fisheries Commission (Conapesca), Campeche is the second largest octopus production area after Yucatán, contributing nearly 32% of the national total (42,60 tons) ...
Source: Foodmate

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