In 2023, Italy dominated European fresh flying squid production in capture fisheries, holding the largest share with 55.06%, followed by Spain with 22.44%, and Ireland with 17.84%. Notable year-on-year variations included a surge in production value for Italy by 26.73%, and significant increases for Norway and Iceland at 60.78% and 58.01%, respectively. Spain faced a decline of 15.11%, potentially indicating a shifting competitive landscape.
Future trends to watch for include:
- The expanding role of countries like Norway and Iceland with rapidly increasing production shares.
- Potential further declines for Spain, which could alter market dynamics.
- The impact of sustainable fishing practices and regulatory changes influencing production shares in the region.
Top countries in Fresh European Flying Squid Production in Capture Fisheries Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 55.06 | 2023 | -12.75% | +26.73% | View data |
| 2 | 2 Spain | 22.44 | 2023 | -11.92% | -15.11% | View data |
| 3 | 3 Ireland | 17.84 | 2023 | +7.12% | +17.54% | View data |
| 4 | 4 Norway | 2.8 | 2023 | +37.62% | +60.78% | View data |
| 5 | 5 Netherlands | 0.4 | 2022 | View data | ||
| 6 | 6 Portugal | 0.17 | 2023 | +12.69% | View data | |
| 7 | 7 Sweden | 0.13 | 2022 | -77.37% | View data | |
| 8 | 8 Iceland | 0.071 | 2023 | +5.98% | +58.01% | View data |
