Whole fresh crustaceans production in capture fisheries in Spain has shown a fluctuating trend in terms of value from 2013 to 2023. Starting at 14.84 thousand euros per metric ton in 2013, it peaked at 17.39 in 2015, and then largely declined thereafter, standing at 13.24 in 2023. The year-on-year variations have seen both significant increases and decreases over the years, with the highest being a 10.96% increase in 2015 and the lowest a -14.97% decrease in 2019. Over the last five years, the compounded annual growth rate (CAGR) has averaged -3.72%, indicating a general downturn.
Moving forward, the forecasted data suggests a continued decline in value, with a 2028 forecast of 12.71 thousand euros per metric ton. The forecasted 5-year CAGR stands at -0.64%, further reinforcing the expected downward trend. Future trends to watch for include changes in international market demand, regulatory shifts in fisheries management, environmental impacts, and technological advancements in sustainable fishing practices, which could influence production values and market dynamics.
