The sold production value of frozen fish in Spain experienced fluctuations between 2013 and 2022, with significant rises in 2016 and 2017 followed by a peak in 2017. The value declined slightly in the following years until a notable recovery in 2021. The year 2023 saw an increase in production value, reaching EUR 361.74 million. The compound annual growth rate (CAGR) for the last five years stands at 2.12%, indicating moderate growth.

Future trends to watch for:

An expected steady increase in production value from 2024 to 2028, with a forecasted CAGR of 1.76%.
Potential industry impacts from changes in fishing regulations and sustainability practices.
Technological advancements in freezing and storage that might boost production efficiency and value.