The European seafood output share in 2023 reveals Spain as the leader, contributing significantly at 37.31 million euros. Italy and Greece follow with 20.56 and 13.43 million euros respectively. Notable year-on-year changes include Latvia's substantial rise of 12.53%, Portugal's increased share by 4.62%, and Slovenia's growth of 2.99%. However, Italy and Germany faced declines at 2.34% and 2.76% respectively. Slovakia experienced a significant decrease of 32.84% in its output share.
Looking ahead, sustainability practices and technological advancements in aquaculture could shift European seafood production dynamics. Watch for increased investments in sustainable fishing and potential shifts due to economic or regulatory changes impacting this sector.
Top countries in Seafood Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 37.31 | 2023 | +0.36% | +0.11% | View data |
| 2 | 2 Italy | 20.56 | 2023 | +3.37% | -2.34% | View data |
| 3 | 3 Greece | 13.43 | 2023 | +1.15% | +2.4% | View data |
| 4 | 4 Portugal | 9.78 | 2023 | +4.26% | +4.62% | View data |
| 5 | 5 Germany | 5.92 | 2023 | +0.22% | -2.76% | View data |
| 6 | 6 Ireland | 5.44 | 2023 | -0.081% | -0.67% | View data |
| 7 | 7 Croatia | 4.71 | 2023 | -4.47% | +1.23% | View data |
| 8 | 8 Latvia | 1.41 | 2023 | +2.17% | +12.53% | View data |
| 9 | 9 Estonia | 1.2 | 2023 | -5.24% | +0.7% | View data |
| 10 | 10 Slovenia | 0.22 | 2023 | +1.36% | +2.99% | View data |
