In 2023, Portugal led the European Fresh Axillary Seabream production in capture fisheries with a significant share of 41.66%, despite experiencing an 8.34% year-on-year decline. Spain followed with 24.89%, also seeing a 12.18% decrease. Italy and Greece accounted for similar shares, at around 13%, with declines of 3.54% and 1.05% respectively. France's share was 8.08%, decreasing by 5.07%. In contrast, Malta increased its share significantly by 24.49%, with smaller yet positive growth in Cyprus and Croatia, at 2.49% and 10.85% respectively.
Future trends to watch include:
- Potential continued decline in major markets such as Portugal and Spain if current trends persist.
- Growth opportunities in smaller markets like Malta and Croatia, which show promising increases.
- Overall market diversification as traditional leaders face competition from emerging players.
- Impact of sustainable fishing practices and regulatory changes on production dynamics.
Top countries in Fresh Axillary Seabream Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 41.66 | 2023 | -3.56% | -8.34% | View data |
| 2 | 2 Spain | 24.89 | 2023 | -39.05% | -12.18% | View data |
| 3 | 3 Italy | 12.99 | 2023 | -4.91% | -3.54% | View data |
| 4 | 4 Greece | 12.9 | 2023 | -0.71% | -1.05% | View data |
| 5 | 5 France | 8.08 | 2023 | -14.86% | -5.07% | 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 |
