As of 2023, France leads the European market in Fresh Silversides, Sand Smelts production in capture fisheries, with Cyprus and Italy following closely. Bulgaria experienced a notable increase of 2.93% in value, contrasting with a decline in Italy by 5.63% and a slight decline in France by 0.66%. Spain saw a slight increase of 0.49%. Over the past five years, variations in this sector demonstrate a frequently shifting landscape, indicating evolving market dynamics and competitiveness.
Future trends to watch include:
- Potential recovery in Italy and sustained growth in Bulgaria, driven by strategic fisheries management.
- Increased focus on sustainable practices across Europe, impacting production methods and potentially costs.
- Fluctuations in economic conditions and regulatory frameworks, affecting competitive positions and market access.
Top countries in Fresh Silversides, Sand Smelts Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 5,720 | 2023 | +10.69% | -0.66% | View data |
| 2 | 2 Cyprus | 5,000 | 2021 | View data | ||
| 3 | 3 Italy | 4,400 | 2023 | -2.01% | -5.63% | View data |
| 4 | 4 Spain | 2,810 | 2023 | -8.03% | +0.49% | View data |
| 5 | 5 Bulgaria | 673.3 | 2023 | +7.06% | +2.93% | View data |
