In 2023, Italy and Spain dominated the European fresh shrimps and prawns capture fisheries market, with shares of €37.88 and €36.58 million, respectively. Italy's share slightly declined by 4.45%, while Spain saw a decrease of 3.06%. Portugal, with a value of €4.79 million, experienced a remarkable growth of 8.6%, and France increased by 3.51%. Germany's share notably surged by 64.25%, highlighting a burgeoning interest in this market. In contrast, Iceland and Norway witnessed significant declines of 18.18% and 17.9%, respectively. Eastern European markets such as Bulgaria and Cyprus presented substantial growth potential with increases of 11.62% and 40.85%.
Looking ahead, focus on sustainability and technological adoption in shrimp and prawn fisheries is expected to shape market trends. Countries with investments in sustainable practices and advanced fishing technologies may gain larger shares, while those unable to adapt may see further decreases. Additionally, changing consumer preferences towards environmentally friendly seafood products could influence market dynamics significantly across Europe.
Top countries in Fresh Shrimps and Prawns Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.88 | 2023 | -9.02% | -4.45% | View data |
| 2 | 2 Spain | 36.58 | 2023 | +6.32% | -3.06% | View data |
| 3 | 3 Greece | 7.01 | 2023 | +0.29% | +2.4% | View data |
| 4 | 4 Portugal | 4.79 | 2023 | +2.67% | +8.6% | View data |
| 5 | 5 France | 4.32 | 2023 | +8.49% | +3.51% | View data |
| 6 | 6 Ireland | 2.08 | 2022 | +100.76% | View data | |
| 7 | 7 Iceland | 1.5 | 2023 | -23.35% | -18.18% | View data |
| 8 | 8 Norway | 1.4 | 2023 | -30.92% | -17.9% | View data |
| 9 | 9 Denmark | 1.35 | 2023 | -8.32% | +3.02% | View data |
| 10 | 10 Croatia | 0.95 | 2023 | -2.42% | +1.28% | View data |
