The European whole fresh shrimps and prawns market shows varied trends across countries. Italy and Spain are the leading producers for 2024 in million euros value but have seen declines of -4.45% and -3.13%, respectively, from the previous year. Greece and Portugal show positive growth at 2.4% and 8.6%, while Germany and Cyprus have shown significant year-on-year growth of 63.78% and 40.85%, though from lower baselines. Meanwhile, countries like Norway and Croatia experience modest growth, and Iceland and the UK show remarkable declines. The Compound Annual Growth Rate (CAGR) analysis underscores Portugal and Germany's roles in driving regional resilience over the last five years.
Looking ahead, factors such as climate change, sustainability concerns, and potential policy shifts surrounding capture fisheries will likely influence market dynamics. The industry's focus will increasingly move toward managing ecological impacts and advancing aquaculture innovations to meet rising consumer demand within the European market.
Top countries in Whole Fresh Shrimps and Prawns Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 106,020,000 | 2023 | -9.02% | -4.45% | View data |
| 2 | 2 Spain | 100,120,000 | 2023 | +6.55% | -3.13% | View data |
| 3 | 3 Greece | 19,626,000 | 2023 | +0.29% | +2.4% | View data |
| 4 | 4 Portugal | 13,415,000 | 2023 | +2.69% | +8.6% | View data |
| 5 | 5 Norway | 10,707,000 | 2023 | +21.22% | +0.53% | View data |
| 6 | 6 Ireland | 5,818,200 | 2022 | +100.76% | View data | |
| 7 | 7 France | 5,407,600 | 2023 | +6.54% | +4.42% | View data |
| 8 | 8 Denmark | 4,282,500 | 2023 | +6.6% | +6.17% | View data |
| 9 | 9 Iceland | 4,186,100 | 2023 | -23.35% | -18.18% | View data |
| 10 | 10 Croatia | 2,651,000 | 2023 | -2.42% | +1.28% | View data |
