In 2023, France dominated the European fresh black seabream market with a share of 74.86%. Despite a slight decrease of 1.46%, it remained the leader. Greece and Spain followed with shares of 8.37% and 5.78% respectively, each experiencing declines. Notable growth from the Netherlands, which saw a 7.31% increase, contrasted the general downtrend. Italy saw a 6.02% decline but still held a significant market portion. Over the past five years, the compound annual growth rate (CAGR) revealed these trends were not isolated, reflecting broader market dynamics and shifts in production efficiencies and consumer demands.
Future trends to watch include potential market expansions in countries like the Netherlands due to their recent growth, advancements in sustainable fishing practices, and shifts in consumer preferences towards more sustainably sourced seafood. Regulatory changes and climate impacts could further alter production dynamics across Europe. Monitoring technological advancements and competitive strategies will be crucial for understanding future market shares.
Top countries in Fresh Black Seabream Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 74.86 | 2023 | -0.3% | -1.46% | View data |
| 2 | 2 Greece | 8.37 | 2023 | +7.84% | -7.84% | View data |
| 3 | 3 Spain | 5.78 | 2023 | -5.98% | -9.12% | View data |
| 4 | 4 Italy | 4.49 | 2023 | -12.45% | -6.02% | View data |
| 5 | 5 Portugal | 2.29 | 2023 | +15.22% | -4.43% | View data |
| 6 | 6 Netherlands | 1.91 | 2023 | -12.14% | +7.31% | View data |
| 7 | 7 Croatia | 0.38 | 2023 | -41.32% | -3.33% | View data |
| 8 | 8 Belgium | 0.09 | 2023 | +9.21% | -2.61% | View data |
| 9 | 9 Cyprus | 0.085 | 2022 | +12.66% | +37.54% | View data |
| 10 | 10 Malta | 0.012 | 2023 | -93.03% | -31.74% | View data |