In 2023, Greece led European Red Porgy production in capture fisheries with a value of 10.79 million euros, followed by Spain and Portugal, demonstrating moderate growth with year-on-year variations of 2.88% and 4.46%, respectively. France, with a substantial year-on-year increase of 14.61%, reflects significant growth potential. Italy experienced a slight decline, whilst Croatia and Cyprus displayed contrasting trends, with Croatia growing by 10.06% and Cyprus declining by 16.73%.
Looking forward, the European Red Porgy sector may see continued growth driven by increased investments in sustainable practices and aquaculture technologies. Monitoring geopolitical factors and climate change impacts will be crucial for future projections.
Top countries in Total Red Porgy Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 10,790,000 | 2023 | +1.86% | +2.88% | View data |
| 2 | 2 Spain | 3,488,200 | 2023 | -3.07% | +4.46% | View data |
| 3 | 3 Portugal | 2,418,000 | 2023 | +33.06% | +1.86% | View data |
| 4 | 4 France | 2,047,400 | 2023 | +12.57% | +14.61% | View data |
| 5 | 5 Italy | 1,995,300 | 2023 | +19.23% | -2.49% | View data |
| 6 | 6 Croatia | 187,790 | 2023 | -17.19% | +10.06% | View data |
| 7 | 7 Cyprus | 35,780 | 2023 | -62% | -16.73% | View data |
