European Fresh Prawn Production in Capture Fisheries for 2024 is forecasted as follows: France leads with 5.32 million Euros, followed by Spain at 2.44 million Euros. Denmark and the United Kingdom report significantly lower values at 0.49 and 0.45 million Euros respectively. Portugal stands at 0.19 million Euros, while Malta registers the lowest at 0.000241 million Euros. In 2023, the notable year-on-year variations showed France declining by 6.6%, Spain increasing by 2.04%, Denmark rising by 1.09%, the United Kingdom falling dramatically by 8.95%, and Portugal growing by 3.69%.
Future trends to watch include potential shifts in production strategies driven by sustainability initiatives and climate change impacts. Innovations in aquaculture might shape competitive dynamics, with some countries potentially increasing their market share. Monitoring regulatory changes and economic factors will be crucial for understanding market trajectories in the European prawn fisheries sector.
Top countries in Fresh Prawn Production in Capture Fisheries by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 5,323,400 | 2023 | +4.39% | -0.066% | View data |
| 2 | 2 Spain | 2,440,900 | 2023 | +0.3% | +2.04% | View data |
| 3 | 3 Denmark | 485,130 | 2023 | -2.35% | +1.09% | View data |
| 4 | 4 United Kingdom | 447,070 | 2023 | -2.61% | -8.95% | View data |
| 5 | 5 Portugal | 192,590 | 2023 | +2.76% | +3.69% | View data |
| 6 | 6 Malta | 241.37 | 2021 | +0.54% | View data |