The 2023 European seafood output, expressed in billions of euros, highlights Spain as the leader with a significant value, followed by Italy and Greece. Notable growth was observed in Latvia's output, increasing by over 12%, signaling a robust expansion. Portugal also saw a healthy rise of approximately 4.6%. Conversely, Slovakia experienced a sharp decline of nearly 33%. Over the past two years, Spain showed slight growth while Italy decreased modestly. The five-year CAGR reflects these trends, emphasizing Portugal and Greece's steady rise against Germany's decline.
Future trends to monitor include:
- Potential increase in seafood demand due to rising health consciousness.
- Impacts of regulatory changes and sustainability efforts on production methods.
- Technological advancements improving efficiency in seafood production and distribution.
- Geopolitical and environmental factors influencing supply chains.
Top countries in Seafood Output by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,810 | 2023 | +0.36% | +0.11% | View data |
| 2 | 2 Italy | 1,550 | 2023 | +3.37% | -2.34% | View data |
| 3 | 3 Greece | 1,010 | 2023 | +1.15% | +2.4% | View data |
| 4 | 4 Portugal | 736.48 | 2023 | +4.26% | +4.62% | View data |
| 5 | 5 Germany | 446 | 2023 | +0.22% | -2.76% | View data |
| 6 | 6 Ireland | 409.55 | 2023 | -0.081% | -0.67% | View data |
| 7 | 7 Croatia | 354.67 | 2023 | -4.47% | +1.23% | View data |
| 8 | 8 Latvia | 105.78 | 2023 | +2.17% | +12.53% | View data |
| 9 | 9 Estonia | 90.04 | 2023 | -5.24% | +0.7% | View data |
| 10 | 10 Slovenia | 16.23 | 2023 | +1.36% | +2.99% | View data |
