In 2023, Italy led European cuttlefish production with a strong valuation, followed closely by Sweden and Cyprus. Belgium showed the lowest value per metric ton. Year-on-year variations indicated growth in Italy, Sweden, Slovenia, and Ireland, while Spain, Portugal, France, Netherlands, and Belgium saw declines. Notably, Ireland had the highest growth rate. Over the last five years, a shift has been observed, with countries such as Italy and Sweden gradually increasing their production values.
Future trends to watch include:
- Potential expansion in production capabilities in Southern Europe, particularly Italy and Cyprus.
- Adaptations to sustainability regulations and market demands that could impact production valuation.
- Technological advancements in capture fisheries that may affect efficiency and yield across various countries.
Top countries in Total Cuttlefish Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 12,030 | 2023 | -0.41% | +4.83% | View data |
| 2 | 2 Sweden | 10,860 | 2023 | +1.73% | +2.85% | View data |
| 3 | 3 Cyprus | 9,590 | 2023 | -0.3% | +1.43% | View data |
| 4 | 4 Slovenia | 9,370 | 2023 | -4.9% | +3.98% | View data |
| 5 | 5 Spain | 7,840 | 2023 | +3.66% | -0.5% | View data |
| 6 | 6 Portugal | 6,520 | 2023 | +0.85% | -0.43% | View data |
| 7 | 7 Greece | 6,140 | 2023 | -8.11% | +1.95% | View data |
| 8 | 8 Croatia | 6,040 | 2023 | -17.17% | +1.01% | View data |
| 9 | 9 France | 4,960 | 2023 | +17.76% | -1.09% | View data |
| 10 | 10 Netherlands | 4,360 | 2023 | +16.08% | -2.17% | View data |
