In 2023, Portugal dominated the European Total Axillary Seabream production in capture fisheries, with its share valued at 41.67 euros. Portugal, however, experienced an 8.32% decline compared to the previous year. Spain, another significant player, held a 24.87 euro share, facing a sharper year-on-year decrease of 10.51%. Italy and Greece, with values of 12.98 and 12.89 euros respectively, saw smaller declines, reflecting more stable market positions. Malta and Cyprus were exceptions, with noticeable growth, indicating an emerging trend in their shares.
In the forthcoming years, monitoring Malta and Cyprus will be crucial as their inflating shares point towards potential shifts in market dynamics. Additionally, the ongoing decline in major countries like Portugal and Spain suggests reevaluation of strategies to stabilize and enhance their positions in the seabream market.
Top countries in Total Axillary Seabream Production in Capture Fisheries Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 41.67 | 2023 | -3.46% | -8.32% | View data |
| 2 | 2 Spain | 24.87 | 2023 | -33.08% | -10.51% | View data |
| 3 | 3 Italy | 12.98 | 2023 | -4.91% | -3.54% | View data |
| 4 | 4 Greece | 12.89 | 2023 | -0.71% | -1.05% | View data |
| 5 | 5 France | 7.84 | 2023 | -17.37% | -5.64% | View data |
| 6 | 6 Malta | 3.6 | 2023 | +22.65% | +24.49% | View data |
| 7 | 7 Cyprus | 1.8 | 2023 | +3.34% | +2.49% | View data |
| 8 | 8 Croatia | 0.22 | 2023 | +19.74% | +10.85% | View data |
| 9 | 9 Slovenia | 0.004 | 2022 | -100% | View data |
