In 2023, Malta led European whole fresh barracuda production with the highest value per metric ton, followed by Italy, Croatia, Portugal, and Spain. From 2022 to 2023, Malta saw a slight decrease of 0.24%, while Italy experienced a 1.34% increase. Croatia and Portugal both recorded declines of 2.67% and 2.76%, respectively. Spain showed significant growth with a 3.2% increase. Over the past five years, these fluctuations reflect varied compound annual growth rates, with some countries experiencing volatility in their production values.
Future trends to watch include:
- Potential shifts in production costs impacting market values.
- Adapting to environmental regulations affecting capture fisheries.
- Technological advancements potentially enriching harvesting efficiency.
- Market demand fluctuations influenced by consumer preferences and sustainability considerations.
Top countries in Whole Fresh European Barracuda Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 7,070 | 2023 | +9.29% | -0.24% | View data |
| 2 | 2 Italy | 4,650 | 2023 | +3.9% | +1.34% | View data |
| 3 | 3 Croatia | 3,410 | 2023 | -18.69% | -2.67% | View data |
| 4 | 4 Portugal | 2,910 | 2023 | -3.45% | -2.76% | View data |
| 5 | 5 Spain | 2,150 | 2023 | -0.45% | +3.2% | View data |
