| Product Code: ETC4999741 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Benin squid market, import trends showed a notable growth rate of 33.33% from 2023 to 2024, with a compound annual growth rate (CAGR) of 7.46% from 2020 to 2024. This increase can be attributed to evolving consumer preferences and expanding global trade networks.

By 2027, Benin's Squid market is forecasted to achieve a high growth rate of 11.47%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Squid Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Squid Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Squid Market - Industry Life Cycle |
3.4 Benin Squid Market - Porter's Five Forces |
3.5 Benin Squid Market Revenues & Volume Share, By Products, 2022 & 2032F |
4 Benin Squid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for seafood products in Benin |
4.2.2 Growth in the tourism industry leading to higher demand for seafood in restaurants and hotels |
4.2.3 Government initiatives to promote the fishing industry in Benin |
4.3 Market Restraints |
4.3.1 Seasonal variations in squid availability affecting supply |
4.3.2 Fluctuations in global seafood prices impacting the cost of imports |
4.3.3 Lack of modern infrastructure and technology hindering efficient fishing and processing operations in Benin |
5 Benin Squid Market Trends |
6 Benin Squid Market Segmentations |
6.1 Benin Squid Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Benin Squid Market Revenues & Volume, By Fresh, 2022-2032F |
6.1.3 Benin Squid Market Revenues & Volume, By Frozen, 2022-2032F |
6.1.4 Benin Squid Market Revenues & Volume, By Prepared, 2022-2032F |
7 Benin Squid Market Import-Export Trade Statistics |
7.1 Benin Squid Market Export to Major Countries |
7.2 Benin Squid Market Imports from Major Countries |
8 Benin Squid Market Key Performance Indicators |
8.1 Average selling price of squid in the Benin market |
8.2 Percentage of squid catch compared to total seafood catch in Benin |
8.3 Number of seafood restaurants and hotels serving squid dishes in Benin |
8.4 Investment in infrastructure and technology improvements in the fishing industry in Benin |
9 Benin Squid Market - Opportunity Assessment |
9.1 Benin Squid Market Opportunity Assessment, By Products, 2022 & 2032F |
10 Benin Squid Market - Competitive Landscape |
10.1 Benin Squid Market Revenue Share, By Companies, 2025 |
10.2 Benin Squid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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