In 2023, Italy led European fresh cuttlefish production in capture fisheries with 11.83 thousand euros per metric ton. Sweden and Cyprus followed, with values of 10.86 and 9.59 respectively. Notable year-on-year variations in 2023 included Slovenia's significant increase of 3.98%, and Italy's increase of 3.59%. Conversely, the Netherlands and Belgium saw declines of 2.14% and 2.48% respectively. Over the past five years, the compound annual growth rate (CAGR) indicated stable or slight growth for most countries.
Future trends to watch include the potential impacts of climate change on marine ecosystems, innovation in sustainable fishing practices, and shifts in demand due to changing consumer preferences towards sustainable and local seafood sourcing. Monitoring technological advancements in fishing and processing may also yield competitive advantages for producers.
Top countries in Fresh Cuttlefish Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 11,830 | 2023 | -2.26% | +3.59% | 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 | 7,860 | 2023 | +2.98% | -0.76% | View data |
| 6 | 6 Portugal | 6,430 | 2023 | -0.85% | -0.76% | View data |
| 7 | 7 Greece | 6,170 | 2023 | -7.65% | +2.05% | View data |
| 8 | 8 Croatia | 6,040 | 2023 | -17.17% | +1.01% | View data |
| 9 | 9 France | 4,980 | 2023 | +17.75% | -1.09% | View data |
| 10 | 10 Ireland | 4,420 | 2023 | +3.28% | +1.68% | View data |
