The Czech Republic's seafood market has shown significant variation over the years. From 2013 to 2023, the market grew from 142.39 million euros to 245.31 million euros in value. The market experienced notable growth rates in 2019 and 2021, but saw declines in 2018, 2020, and 2022. The 2023 value indicates a 3.98% increase from 2022. The compound annual growth rate (CAGR) for the last five years averages at 6.24%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and locally-sourced seafood.
- Impact of geopolitical issues on supply chains and pricing.
- Increasing interest in health and wellness, driving demand for nutritious seafood products.
How does the Czech Republic rank in Seafood Market Size Value?
# | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 8,625,000,000 | 2023 | +0.43% | +1.35% | View data |
2 | 2 France | 5,603,800,000 | 2023 | -0.7% | -2.49% | View data |
3 | 3 Italy | 5,246,900,000 | 2023 | -0.44% | +2.33% | View data |
4 | 4 United Kingdom | 5,237,500,000 | 2023 | +0.09% | -1.24% | View data |
5 | 5 Germany | 4,720,100,000 | 2023 | +1.3% | -1.97% | View data |
9 | 9 Romania | 418,940,000 | 2023 | +4.22% | +6.82% | View data |
10 | 10 Austria | 260,490,000 | 2023 | +0.46% | +0.59% | View data |
11 | 11 Czech Republic | 245,310,000 | 2023 | +3.98% | +6.24% | |
12 | 12 Croatia | 115,550,000 | 2023 | +0.49% | +0.15% | View data |
13 | 13 Slovakia | 65,643,000 | 2023 | -0.37% | -0.56% | View data |