The 2023 production data for European Total King Crabs and Squat-lobsters in capture fisheries saw Portugal leading with the highest value per metric ton at 67.49 thousand euros, followed by Norway and Ireland. Norway showed a consistent growth trajectory with a 10.03% increase from the previous year. Portugal and Sweden also demonstrated notable growth at rates of 10.02% and 11.38% respectively. Despite its lower total production value, Denmark recorded the highest year-on-year growth at 13.53%. Conversely, Spain experienced a slight decline by 0.33% in 2023.
Future trends to consider include:
- Norway's innovation in sustainable fishing practices, potentially increasing their market share.
- Portugal's potential to capitalize on its existing lead with technological enhancements.
- The impact of economic policies on export-import dynamics, particularly for countries with smaller production like Denmark and Sweden.
Top countries in Total King Crabs, Squat-lobsters Production in Capture Fisheries by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 67,490 | 2023 | +24.23% | +10.02% | View data |
| 2 | 2 Norway | 28,090 | 2023 | +5.98% | +10.03% | View data |
| 3 | 3 Ireland | 10,000 | 2021 | +444.08% | View data | |
| 4 | 4 France | 6,600 | 2023 | -8.82% | +1.91% | View data |
| 5 | 5 Spain | 5,590 | 2023 | +8.91% | -0.33% | View data |
| 6 | 6 United Kingdom | 3,070 | 2023 | -0.25% | +2.09% | View data |
| 7 | 7 Sweden | 2,820 | 2023 | +15.12% | +11.38% | View data |
| 8 | 8 Denmark | 1,250 | 2023 | +6.67% | +13.53% | View data |
