The smoked fish market in Ireland has exhibited a declining trend from 2013 to 2023, with the market size decreasing from 2.13 million kilograms to 1.3657 million kilograms. The period captured a steady reduction in volume, marked by a notable year-on-year dip of up to 10.84% in 2017. The compound annual growth rate (CAGR) over the last five years stands at -3.96%, highlighting the consistent contraction in the market.
Future trends to watch for:
- Increasing consumer preference for sustainable and healthier food options may drive innovations in smoked fish production.
- Potential market stabilization or growth, propelled by diversification of smoked fish products and expansion into new culinary trends.
- Impact of regulatory changes in fishing practices and international trade agreements on market dynamics.
- Technological advancements in fish smoking methods may enhance product quality and appeal to broader markets.
How does Ireland rank in Smoked Fish Market Size Volume?
| # | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 73,606,000 | 2023 | +1.35% | +1.57% | View data |
| 2 | 2 France | 33,525,000 | 2023 | -3.2% | -3.61% | View data |
| 3 | 3 Italy | 22,670,000 | 2023 | +3.82% | +1.93% | View data |
| 4 | 4 Spain | 15,740,000 | 2023 | +3.52% | -0.64% | View data |
| 5 | 5 Belgium | 6,153,400 | 2023 | -5.28% | -2.13% | View data |
| 6 | 6 Austria | 2,507,700 | 2023 | -0.23% | -1.59% | View data |
| 7 | 7 Ireland | 1,365,700 | 2023 | -2.27% | -3.96% | |
| 8 | 8 Slovakia | 1,252,500 | 2023 | +3.65% | +1.44% | View data |
