In 2023, the European market for made-up fishing nets concentrated around Spain, with a dominant share. However, Spain saw a small decrease in production value by 0.092%. Other significant producers like Portugal and Norway experienced more notable declines of 1.06% and 5.35%, respectively. In contrast, Italy showed a robust increase of 12.5%, signaling a potential growth trajectory. France's production rose slightly by 0.79%, while Lithuania and Denmark experienced moderate increases of 3.17% and 2.54%, respectively. Ireland and Croatia also demonstrated resilience with small gains.
Future trends to watch include:
- Spain continuing to leverage its market lead, potentially innovating in net technology to maintain dominance.
- Italy possibly expanding its market share through enhancing production capabilities and exploring new export markets.
- Monitor for increased sustainability initiatives within production processes across Europe, aligning with global environmental goals.
Top countries in Sold Production of Made-Up Fishing Nets from Twine, Cordage or Rope of Man-Made Fibres Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 35.72 | 2023 | +7.33% | -0.092% | View data |
| 2 | 2 Portugal | 13.09 | 2023 | +2.28% | -1.06% | View data |
| 3 | 3 Norway | 12.88 | 2023 | +17.04% | -5.35% | View data |
| 4 | 4 France | 9.41 | 2023 | +7.37% | +0.79% | View data |
| 5 | 5 Italy | 7.85 | 2023 | +6.16% | +12.5% | View data |
| 6 | 6 Lithuania | 7.42 | 2023 | +2.62% | +3.17% | View data |
| 7 | 7 Ireland | 6.34 | 2023 | +0.86% | +0.28% | View data |
| 8 | 8 Denmark | 6.08 | 2023 | +1.63% | +2.54% | View data |
| 9 | 9 Croatia | 2.43 | 2023 | +3.83% | +5.64% | View data |
