The European Whole Frozen Shrimps and Prawns Production in Capture Fisheries showed mixed trends across different countries in 2023. Italy led the market with a value of 32.38 thousand euros per metric ton, exhibiting a 7.42% year-on-year growth. Portugal followed with a 8.72% increase and a value of 18.22. Spain showed moderate growth of 4.26%, reaching a value of 12.94, while the Netherlands remained stagnant at 8.06. France and the United Kingdom experienced declines, with the latter dropping by a significant 17.53%. Germany saw a minimal increase of 3.47%, standing at a value of 4.01.
Over the past five years, the Compound Annual Growth Rate (CAGR) highlighted substantial variations across these countries, indicating growth spurts and contractions in different regions. Future trends to watch for include potential impacts of climate change on fisheries, regulatory changes within the EU, technological advancements in fishing techniques, and shifts in global market demand. Monitoring these trends will be crucial for understanding the evolving landscape of the European Whole Frozen Shrimps and Prawns Production in Capture Fisheries.
Top countries in Whole Frozen Shrimps and Prawns Production in Capture Fisheries by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32,380 | 2023 | +1.24% | +7.42% | View data |
| 2 | 2 Portugal | 18,220 | 2023 | +9.27% | +8.72% | View data |
| 3 | 3 Spain | 12,940 | 2023 | +17.91% | +4.26% | View data |
| 4 | 4 Netherlands | 8,060 | 2023 | +35.46% | View data | |
| 5 | 5 France | 5,810 | 2022 | View data | ||
| 6 | 6 United Kingdom | 4,330 | 2023 | -8.63% | -17.53% | View data |
| 7 | 7 Germany | 4,010 | 2023 | +3.71% | +3.47% | View data |