In 2023, Spain emerged as the leader in the European market for fresh squids, cuttlefishes, and octopuses intended for human consumption, followed closely by Italy and France. While Spain recorded a 2.21% growth, Italy experienced a significant decline of 9.37%. France managed minimal growth at 0.16%. Notably, the Netherlands saw a robust increase of 10.99%, while Norway experienced a remarkable rise of 22.88%. Portugal, Greece, and the United Kingdom showed moderate improvements, and Belgium grew by 5.08%, while Croatia recorded a 3.69% rise.
Future trends to watch include:
- Potential shifts in consumer preferences toward sustainably sourced seafood, impacting production.
- Technological advancements in fishing techniques that may affect supply chain efficiency.
- Impacts of regulatory changes within the EU concerning fisheries management.
- Economic influences such as inflation and currency fluctuations impacting market shares.
- The growing importance of traceability and digitalization in marine supply chain operations.
Top countries in Fresh Squids, Cuttlefishes, Octopuses Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 26.6 | 2023 | +5.4% | +2.21% | View data |
| 2 | 2 Italy | 23.62 | 2023 | +4.88% | -9.37% | View data |
| 3 | 3 France | 19.34 | 2023 | -34.15% | +0.16% | View data |
| 4 | 4 Portugal | 12.1 | 2023 | -17.88% | +1.6% | View data |
| 5 | 5 Greece | 8.89 | 2023 | -0.85% | -1.61% | View data |
| 6 | 6 United Kingdom | 4.85 | 2023 | +1.71% | +1.05% | View data |
| 7 | 7 Netherlands | 4.48 | 2023 | -27.52% | +10.99% | View data |
| 8 | 8 Belgium | 1.35 | 2023 | -34.96% | +5.08% | View data |
| 9 | 9 Croatia | 0.9 | 2023 | -12.68% | +3.69% | View data |
| 10 | 10 Denmark | 0.19 | 2023 | +8.85% | +8.71% | View data |
