In 2023, Italy dominated the European market for thinlip grey mullet, recording a production value of 2.15 million euros. The Netherlands and France followed with values near 0.29 million euros each. Spain, Portugal, and Belgium contributed significantly less, with Belgium at the bottom at approximately 0.00056 million euros. Year-on-year, Italy saw modest growth of 0.22%, while the Netherlands and France reported substantial increases at 10.99% and 9.37%, respectively. Conversely, Portugal experienced a significant decline of 42.98%, and Belgium contracted by 4.54%.
Looking ahead, the European market for thinlip grey mullet may witness increased production efficiencies and market expansion in the Netherlands and France due to their high growth rates. Sustainability practices might further shape industry dynamics, impacting supply chains and influencing consumer preferences towards eco-friendly fisheries. Monitoring these trends could provide strategic advantages for stakeholders in the market.
Top countries in Fresh Thinlip Grey Mullet Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,151,500 | 2023 | +31.34% | +0.22% | View data |
| 2 | 2 Netherlands | 288,910 | 2023 | -3.03% | +10.99% | View data |
| 3 | 3 France | 284,840 | 2023 | -6.2% | +9.37% | View data |
| 4 | 4 Spain | 62,240 | 2023 | -13.61% | +8.43% | View data |
| 5 | 5 Portugal | 12,960 | 2023 | -92.92% | -42.98% | View data |
| 6 | 6 Belgium | 556.5 | 2023 | -68.87% | -4.54% | View data |
