In 2023, Spain led the European Total Starry Smoothhound production in capture fisheries, valued at €6.73 thousand per metric ton, followed by Italy and the United Kingdom at €4.0 and €3.77 thousand respectively. Malta and Portugal experienced declines, with year-on-year variations of -19.27% and -10.56%. The Netherlands saw minor growth of 8.59% in the period. Over five years, Spain and Italy showed robust average annual growth, while Portugal and Malta contracted.
Future trends to watch for include Spain and Italy’s expanding market share, driven by increasing demand and possibly augmented fishing efforts. Sustainability concerns may impact growth, urging countries to optimize stock management and balance ecological impacts with economic interests. Monitoring regulatory changes and trade dynamics will be crucial in shaping the industry’s trajectory.
Top countries in Total Starry Smoothhound Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 6,730 | 2023 | +20.61% | +18.94% | View data |
| 2 | 2 Italy | 4,000 | 2023 | +3.51% | +11.87% | View data |
| 3 | 3 United Kingdom | 3,770 | 2023 | +6.39% | +12.36% | View data |
| 4 | 4 Malta | 1,110 | 2023 | -61.66% | -19.27% | View data |
| 5 | 5 Portugal | 1,030 | 2023 | +3.92% | -10.56% | View data |
| 6 | 6 Netherlands | 750.85 | 2023 | +12.76% | +8.59% | View data |
