The analysis of European total scallops production in capture fisheries indicates varying performance across countries. In 2023, Norway led the value at 4.69 thousand euros per metric ton, experiencing a significant growth rate of 24.82% from the previous year. Italy followed with a slight increase of 0.98%, reaching 4.62 thousand euros. Spain and Croatia saw declines in production value, with Spain decreasing by 6.81% and Croatia by 1.05%. Overall, the compound annual growth rate (CAGR) over the past five years suggests Norway's strong upward trend, contrasting with modest or negligible changes in other countries.
Future trends to watch in European scallop production include potential policy changes affecting fishery regulations and sustainability practices. Additionally, technological advancements in fishing and processing could influence production efficiency and value. Market demand fluctuations, driven by consumer preferences, economic conditions, and trade agreements, will also play a crucial role in shaping the future landscape of the scallops industry across Europe.
Top countries in Total Scallops Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 4,690 | 2023 | +4.62% | +24.82% | View data |
| 2 | 2 Italy | 4,620 | 2023 | +29.26% | +0.98% | View data |
| 3 | 3 Spain | 3,240 | 2023 | +0.91% | -6.81% | View data |
| 4 | 4 Ireland | 2,390 | 2022 | -43.19% | View data | |
| 5 | 5 Croatia | 2,290 | 2023 | +32.12% | -1.05% | View data |
