In 2023, Spain and France led the European market in the production of prepared or preserved sardines, accounting for approximately 24.11% and 23.79% of the market share in euros, respectively. Poland, with 19.89%, followed closely. Notable growth was observed in Croatia and Bulgaria, with respective year-on-year increases of 6.21% and 6.98%. Conversely, Latvia and Italy experienced declines of 9.98% and 6.65%, respectively.
Future trends to watch include potential market shifts due to economic changes or environmental factors affecting sardine catch volumes. Spain and France may continue to dominate, but emerging economies could capitalize on any industry disruptions.
Top countries in Sold Production of Prepared or Preserved Sardines Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 24.11 | 2023 | +0.74% | +1.62% | View data |
| 2 | 2 France | 23.79 | 2023 | +2.03% | +1.19% | View data |
| 3 | 3 Poland | 19.89 | 2023 | +2.45% | +2.22% | View data |
| 4 | 4 Portugal | 13 | 2023 | -2.02% | +0.38% | View data |
| 5 | 5 Croatia | 6.88 | 2023 | +2.5% | +6.21% | View data |
| 6 | 6 Latvia | 6.53 | 2023 | -9.94% | -9.98% | View data |
| 7 | 7 Italy | 2.58 | 2023 | -3.37% | -6.65% | View data |
| 8 | 8 Greece | 2 | 2023 | +2.35% | +1.09% | View data |
| 9 | 9 Bulgaria | 0.66 | 2023 | +3.06% | +6.98% | View data |
| 10 | 10 Estonia | 0.52 | 2023 | -19.37% | -4.99% | View data |
