The data on European fresh axillary seabream production from capture fisheries indicates that Spain and Portugal dominate the market, collectively accounting for over 70% of total production. In 2023, Spain experienced a significant decline of 10.19%, while Portugal saw a smaller decrease of 6.3%. France, Greece, and Italy also faced reductions, with Italy having the steepest decline at 15.8%. In contrast, Malta and Croatia reported increases in production, notably Malta with a 26.67% rise. The five-year CAGR reflects an overall contraction in production, consistent with these recent trends.
Future trends to watch involve potential shifts in market dynamics, such as recovery efforts by larger producers and continued growth by smaller countries like Malta and Croatia. Sustainability practices and environmental regulations could further impact production levels across the region.
Top countries in Fresh Axillary Seabream Production in Capture Fisheries for Human Consumption Share by Country (Metric Tons)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 36.85 | 2023 | -23.08% | -10.19% | View data |
| 2 | 2 Portugal | 36.42 | 2023 | +17.48% | -6.3% | View data |
| 3 | 3 France | 14.36 | 2023 | -3.83% | -8.52% | View data |
| 4 | 4 Greece | 9.6 | 2023 | -2.39% | -6.58% | View data |
| 5 | 5 Italy | 7.75 | 2023 | -10.16% | -15.8% | View data |
| 6 | 6 Cyprus | 1.57 | 2023 | +3.97% | -2.33% | View data |
| 7 | 7 Malta | 0.83 | 2023 | +33.08% | +26.67% | View data |
| 8 | 8 Croatia | 0.31 | 2023 | +24.32% | +3.74% | View data |
| 9 | 9 Slovenia | 0.002 | 2022 | -100% | View data |
