In 2023, France led European fresh shrimp production in capture fisheries with the highest economic value, followed by Ireland and the UK. Significant growth was observed in Germany, which rose sharply by 58.24%, while the UK and Spain saw notable declines of -23.92% and -23.25% respectively. Ireland showed solid growth, while minor changes occurred in Italy, Bulgaria, and Portugal. Over the past five years, the compounded annual growth rate highlights Germany's substantial upward trend and a relative stability or decline in several other countries.
Future trends to watch include:
- Potential continued expansion in Germany’s production share.
- France’s strategy to maintain its leadership amidst increasing competition.
- Recovery efforts or strategic shifts in the UK and Spain to reverse recent declines.
- Technological advancements influencing production efficiencies across regions.
Top countries in Fresh Shrimp Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 52.68 | 2023 | +4.73% | +5.2% | View data |
| 2 | 2 Ireland | 17.32 | 2023 | +9.08% | +9.54% | View data |
| 3 | 3 United Kingdom | 12.01 | 2023 | -15.92% | -23.92% | View data |
| 4 | 4 Germany | 9.65 | 2023 | -2.57% | +58.24% | View data |
| 5 | 5 Netherlands | 7.38 | 2022 | +48.2% | -16.97% | View data |
| 6 | 6 Italy | 0.47 | 2023 | +155.1% | +0.83% | View data |
| 7 | 7 Spain | 0.38 | 2023 | -38.24% | -23.25% | View data |
| 8 | 8 Bulgaria | 0.059 | 2023 | +100.94% | +11.62% | View data |
| 9 | 9 Portugal | 0.004 | 2023 | -3.88% | View data | |
| 10 | 10 Denmark | 0 | 2022 | View data |