The European total shrimps and prawns production in capture fisheries in 2023 saw Spain leading with the highest production valued at 156.52 million euros, followed by Italy at 149.36 million euros, and Norway at 126.57 million euros. There were notable declines in most countries, with Iceland facing the steepest drop of 9.67%, followed by Denmark at 8.36%. Conversely, Portugal experienced an increase of 8.53%, and France saw a 4.71% rise. Over the last five years, trends indicate an average annual decline, impacting the overall production value in the region.
Future trends to watch include the impact of climate change on marine environments, technological advancements in sustainable fishing methods, and potential regulatory changes within the EU aimed at preserving marine resources. Additionally, shifts in consumer demand towards sustainably sourced seafood could influence the capture fisheries market dynamics.
Top countries in Total Shrimps and Prawns Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 156,520,000 | 2023 | +0.27% | -1.16% | View data |
| 2 | 2 Italy | 149,360,000 | 2023 | +10.72% | -2.53% | View data |
| 3 | 3 Norway | 126,570,000 | 2023 | +9.87% | -1.17% | View data |
| 4 | 4 Netherlands | 74,318,000 | 2023 | -10.4% | -1.51% | View data |
| 5 | 5 Germany | 48,235,000 | 2023 | -3.3% | -4.58% | View data |
| 6 | 6 Greece | 19,569,000 | 2022 | +13.22% | View data | |
| 7 | 7 Iceland | 18,385,000 | 2023 | -10.79% | -9.67% | View data |
| 8 | 8 Denmark | 16,812,000 | 2023 | +1.26% | -8.36% | View data |
| 9 | 9 Portugal | 13,698,000 | 2023 | +4.86% | +8.53% | View data |
| 10 | 10 France | 12,840,000 | 2023 | +0.85% | +4.71% | View data |
