The European Whole Fresh Smooth-hound capture fisheries market showed diverse performance in 2023. Italy led with significant production value, followed by smaller contributions from Spain and Croatia. Year-over-year, noteworthy growth was observed in Croatia and Slovenia, showing double-digit increases, while the Netherlands reported the highest rise in value terms among all. Despite modest gains, Portugal's growth was steady, mirroring broader trends. Over the past five years, the average compound annual growth rate (CAGR) varied among countries, reflecting dynamic shifts in production value with Italy and Croatia being notable performers.
Future trends to watch include potential regulatory impacts on fishery quotas, shifts in consumer preferences towards sustainably sourced seafood, and innovations in fishing technology. Countries might focus on improving traceability and sustainability measures, responding to global market demands and environmental considerations, potentially affecting production values and rankings.
Top countries in Whole Fresh Smooth-hound Production in Capture Fisheries by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,828,400 | 2023 | +34.39% | +6.37% | View data |
| 2 | 2 Spain | 247,270 | 2023 | -8.88% | +1.79% | View data |
| 3 | 3 Croatia | 224,620 | 2023 | +2.3% | +11.2% | View data |
| 4 | 4 United Kingdom | 178,680 | 2023 | +2.34% | +5.36% | View data |
| 5 | 5 Netherlands | 62,700 | 2023 | -11.26% | +31.03% | View data |
| 6 | 6 Portugal | 39,530 | 2023 | +2.61% | +6.01% | View data |
| 7 | 7 Slovenia | 15,600 | 2023 | +100.47% | +10.25% | View data |
