In 2023, Spain led European whole fresh blue and red shrimp production in capture fisheries for human consumption, valued at 41.97 thousand euros per metric ton. Portugal followed with 29.08, Italy with 22.91, Malta with 21.56, and Cyprus at 20.9. Over the past year, Spain witnessed an increase of 4.9%, Portugal 0.8%, Italy 0.48%, Malta 6.83%, and Cyprus 0.52%. The average annual growth rate over the last five years has varied across these countries, reflecting dynamic production capacities and market demands.
Future trends to monitor include:
- Technological advancements in sustainable fishing practices, potentially increasing production efficiency.
- The impact of climate change on shrimp habitats and capture yield.
- Shifts in consumer preferences towards sustainable and locally sourced seafood, influencing market demand.
- Potential regulatory changes affecting capture fisheries operations.
Top countries in Whole Fresh Blue and Red Shrimp Production in Capture Fisheries for Human Consumption by Country
| # | 5 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 41,970 | 2023 | +9.15% | +4.9% | View data |
| 2 | 2 Portugal | 29,080 | 2023 | +24.59% | +0.8% | View data |
| 3 | 3 Italy | 22,910 | 2023 | -11.88% | +0.48% | View data |
| 4 | 4 Malta | 21,560 | 2023 | -30.98% | +6.83% | View data |
| 5 | 5 Cyprus | 20,900 | 2023 | +2.46% | +0.52% | View data |
