Cuttlefish prices soar across European markets as supplies decrease

First-sales prices of cuttlefish in Europe have ranged from around EUR 2 (USD 2.34) to more than EUR 10 (USD 11.71) per kg over the past three years, depending on the market that these cephalopods are being sold in. The highest prices are historically achieved in Italy and Portugal, but growing consumer demand for the product in the EU’s northern member states and a recent contraction of supply are also affecting the trade.

Cuttlefish prices tend to be at their highest levels in …