In 2023, Italy led European capture fisheries of Thinlip Grey Mullet, with a value of €5.82K per metric ton, marking a 16.32% increase from the previous year. The Netherlands followed closely, experiencing a 5.88% rise, while Belgium recorded a slight decline (-0.45%). France and Spain showed modest increases of 4.36% and 3.31%, respectively. Portugal had a notable growth rate of 11.17%. The compound annual growth rate over the past five years indicates an upward trend in most regions, reflecting a stronger market presence for Thinlip Grey Mullet in Italy and Portugal.
Future trends to watch:
- Potential expansion in Italy and Portugal, given recent growth patterns.
- Market adjustments in the Netherlands and France, balancing moderate gains.
- Explore causes behind Belgium's slight drop and Spain's lower growth pace.
- Assess environmental and regulatory impacts influencing the capture fisheries sector.
Top countries in Total Thinlip Grey Mullet Production in Capture Fisheries by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5,820 | 2023 | +30.12% | +16.32% | View data |
| 2 | 2 Netherlands | 5,700 | 2023 | +33.78% | +5.88% | View data |
| 3 | 3 Belgium | 2,330 | 2023 | +2.39% | -0.45% | View data |
| 4 | 4 France | 2,180 | 2023 | -5.79% | +4.36% | View data |
| 5 | 5 Spain | 1,600 | 2023 | +6.03% | +3.31% | View data |
| 6 | 6 Portugal | 1,390 | 2023 | -23.25% | +11.17% | View data |
