In 2023, Greece led the European Total European Sprat Production with the highest value, but it slightly declined by 0.7% year-on-year. Significant growth was seen in Italy and the Netherlands with increases of 26.52% and 19.29%, respectively, driven by rising demand and favorable fishing conditions. Conversely, Croatia experienced a substantial decrease of 12.72%. Countries like Slovenia, Spain, and Sweden also exhibited notable increases above 10%, while Malta and France saw declines. The overall compound annual growth rate (CAGR) indicates variance, illustrating mixed growth and stability in European countries over the last five years.
Future trends to watch include potential market shifts owing to environmental policies, technological advances in sustainable fishing practices, and changing consumer preferences towards seafood. The possibility of regulatory changes and economic factors may impact future production values, prompting some countries to invest in innovative fishery management solutions to enhance production efficiency and sustainability.
Top countries in Total European Sprat Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 5,160 | 2023 | +2.61% | -0.7% | View data |
| 2 | 2 Italy | 3,960 | 2023 | -3.39% | +26.52% | View data |
| 3 | 3 Slovenia | 3,500 | 2023 | +4.82% | +11.31% | View data |
| 4 | 4 Belgium | 1,910 | 2022 | +14.31% | View data | |
| 5 | 5 Romania | 885.07 | 2023 | -17.65% | +2.85% | View data |
| 6 | 6 Spain | 876.08 | 2023 | -52.12% | +10.21% | View data |
| 7 | 7 Malta | 768.86 | 2023 | +12.42% | -3.72% | View data |
| 8 | 8 Norway | 676.91 | 2023 | +5.14% | -2.56% | View data |
| 9 | 9 France | 666.49 | 2023 | +264.6% | -2.64% | View data |
| 10 | 10 Croatia | 631.95 | 2023 | +3.21% | -12.72% | View data |
