In 2023, Portugal led the European fresh wreckfish production in capture fisheries, contributing significantly with a value share of 63.07%. Spain followed with 26.54%, showing a substantial increase of 11.08% from the previous year. Meanwhile, Greece experienced a notable decline in production share by 19.55%. Other countries such as Malta, which decreased slightly by 0.53%, and the United Kingdom saw an impressive growth of 223.58%, indicating a potential shift in competitive dynamics. Cyprus also experienced significant growth, with an increase of 87.93%.
Looking ahead into 2024 and beyond, notable trends to watch include the sustainability of Spain's growth momentum, potential recoveries in Greece and France which faced declines, and the United Kingdom's evolving role given its recent surge. Emphasis on sustainability practices and market adaptation might influence these trends significantly.
Top countries in Fresh Wreckfish Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 63.07 | 2023 | +8.05% | +0.47% | View data |
| 2 | 2 Spain | 26.54 | 2023 | +38.66% | +11.08% | View data |
| 3 | 3 Greece | 2.86 | 2023 | -20.61% | -19.55% | View data |
| 4 | 4 Malta | 2.19 | 2023 | +15.23% | -0.53% | View data |
| 5 | 5 Italy | 1.79 | 2023 | -31.11% | View data | |
| 6 | 6 France | 1.23 | 2023 | -22.62% | -15.83% | View data |
| 7 | 7 United Kingdom | 0.51 | 2023 | +3.62% | +223.58% | View data |
| 8 | 8 Ireland | 0.034 | 2021 | +54.93% | View data | |
| 9 | 9 Cyprus | 0.008 | 2023 | -85.51% | +87.93% | View data |
| 10 | 10 Netherlands | 0 | 2022 | -100% | -100% | View data |