In 2023, Portugal led European Fresh Wreckfish production with the greatest value, followed by Spain, Greece, and Malta. Notable increases were seen in the UK with a 223.58% rise and Cyprus with 87.93%. Spain experienced significant growth, with its value rising by 11.08%. Conversely, Greece and France saw declines, at 19.55% and 15.83% respectively. Year-on-year trends highlight volatility in smaller markets, but steady leadership from Portugal and Spain. Over five years, expect moderate growth driven by these leaders amidst varying performances from other European nations.
Future trends to watch include technological advancements in fishing, sustainability initiatives, and potential shifts in consumer demand which could influence wreckfish production values. Monitoring EU regulations and climate change impacts will be crucial for projections beyond 2024.
Top countries in Fresh Wreckfish Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 2,851,000 | 2023 | +8.05% | +0.47% | View data |
| 2 | 2 Spain | 1,199,600 | 2023 | +38.66% | +11.08% | View data |
| 3 | 3 Greece | 129,240 | 2023 | -20.61% | -19.55% | View data |
| 4 | 4 Malta | 98,920 | 2023 | +15.23% | -0.53% | View data |
| 5 | 5 Italy | 81,130 | 2023 | -31.11% | View data | |
| 6 | 6 France | 55,680 | 2023 | -22.62% | -15.83% | View data |
| 7 | 7 United Kingdom | 22,950 | 2023 | +3.62% | +223.58% | View data |
| 8 | 8 Ireland | 1,550 | 2021 | +54.93% | View data | |
| 9 | 9 Cyprus | 378.93 | 2023 | -85.51% | +87.93% | View data |
| 10 | 10 Netherlands | 8.5 | 2022 | -100% | -100% | View data |