In 2023, Cyprus leads European fresh boarfish production in capture fisheries with a value of 12.22 thousand euros per metric ton, marking an 8.65% increase from the previous year. Malta follows with 9.35, while the United Kingdom, Spain, and Ireland trail with values of 0.5826, 0.2189, and 0.1986 respectively. Over the last year, the United Kingdom and Spain saw significant declines of 12.41% and 31.44%. Meanwhile, Ireland experienced a modest growth of 1.79%.
Forecasted trends to watch include:
- Potential shifts in market dynamics if economic factors stabilize around Cyprus and Malta's production strength.
- The impact of regulatory changes on countries with declining production.
- Emerging technological innovations enhancing fishing efficiency across the industry.
Top countries in Fresh Boarfish Production in Capture Fisheries by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 12,220 | 2023 | +11.07% | +8.65% | View data |
| 2 | 2 Malta | 9,350 | 2022 | +87% | View data | |
| 3 | 3 United Kingdom | 582.6 | 2023 | +4.86% | -12.41% | View data |
| 4 | 4 Spain | 218.95 | 2023 | -17.24% | -31.44% | View data |
| 5 | 5 Ireland | 198.61 | 2023 | +2.74% | +1.79% | View data |
