In 2023, Greece has dominated the European Fresh White Grouper production with a value of 1.8739 million Euros, reflecting a 7.59% increase from the previous year. Italy follows distantly with 0.14078 million Euros, showing no year-on-year growth. Cyprus experienced a modest 1.53% growth, while Spain, despite its smaller market size, saw a significant 15.49% increase. Portugal was the only country to report a decline of 5.71%. Throughout the last five years, Greece has maintained strong growth while the compound annual growth rate for the others shows mixed results due to variations in production dynamics.
Future trends to watch for include potential expansion in Greece, driven by investment in sustainable fishing practices. Italy may remain stable unless new fishing policies stimulate growth. Spain's increase suggests potential development if momentum is maintained. Additionally, any environmental or regulatory changes in the Mediterranean could impact these trends.
Top countries in Fresh White Grouper Production in Capture Fisheries by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 1,873,900 | 2023 | +6.89% | +7.59% | View data |
| 2 | 2 Italy | 140,780 | 2023 | -0.95% | View data | |
| 3 | 3 Cyprus | 21,670 | 2023 | -10.45% | +1.53% | View data |
| 4 | 4 Spain | 5,550 | 2023 | +9.68% | +15.49% | View data |
| 5 | 5 Portugal | 1,870 | 2023 | +13.15% | -5.71% | View data |
