In 2023, Malta led European whole fresh forkbeard production in capture fisheries, valued at 9.25 thousand euros per metric ton. Italy showed the strongest year-on-year increase at 16.63%, suggesting robust growth. Spain and Portugal recorded modest growth at 4.33% and 1.79% respectively. Meanwhile, France had the lowest value at 4.45 thousand euros per metric ton, indicating potential underperformance or market saturation.
Future trends to watch include potential shifts in market dynamics due to changing environmental regulations, advancements in sustainable fishing practices, and shifting consumer preferences favoring sustainably sourced seafood, which could affect production techniques and financial outcomes.
Top countries in Whole Fresh Forkbeard Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malta | 9,250 | 2023 | +0.63% | +1.11% | View data |
| 2 | 2 Italy | 6,300 | 2023 | +2.19% | +16.63% | View data |
| 3 | 3 Spain | 5,820 | 2023 | +1.14% | +4.33% | View data |
| 4 | 4 Portugal | 5,380 | 2023 | +2.09% | +1.79% | View data |
| 5 | 5 France | 4,450 | 2022 | +5.47% | View data |
