The European Silver Scabbardfish market has demonstrated varied country-specific trends. In 2023, Portugal remained a leader with the highest production value of 5.58 thousand euros per metric ton, experiencing a 1.25% year-on-year increase. Italy showed notable growth at 2.29%. Conversely, France and Spain saw declines of 0.37% and 7.42%, respectively. Over the last five years, Italy has experienced the highest average annual growth rate (CAGR).
Future trends to watch for include:
- Technological advancements in fishing practices that may enhance efficiency and yield.
- Fluctuations in consumer demand affecting pricing strategies and production volume.
- Environmental policies potentially impacting fishery operations and sustainability practices.
- Competition between countries affecting market share dynamics.
Top countries in Total Silver Scabbardfish Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 5,580 | 2023 | +1.96% | +1.25% | View data |
| 2 | 2 Malta | 4,690 | 2022 | +20.94% | +5.49% | View data |
| 3 | 3 Italy | 4,500 | 2023 | -8.14% | +2.29% | View data |
| 4 | 4 France | 4,260 | 2023 | +10.94% | -0.37% | View data |
| 5 | 5 Spain | 3,650 | 2023 | +5.73% | -7.42% | View data |
| 6 | 6 Croatia | 1,490 | 2022 | -5.97% | View data |