In 2023, Spain led European production in whole fresh greater forkbeard for human consumption with substantial market value, contributing the most compared to its European peers despite a slight year-on-year decline of 1.35%. Italy and France saw growth in production, with Italy experiencing a notable 9.43% upwards change. Conversely, Portugal registered a significant decrease of 24.51%. Meanwhile, other countries like Norway and the United Kingdom, which have minimal activities in this market, showed little to moderate growth. Over the last five years, the CAGR analysis could highlight more comprehensive trends in production efficiencies and market shifts.
Future trends to observe include Spain's potential strategies to counteract recent declines, Italy's expanding market presence, and the impact of sustainable fishing practices across Europe in the coming years. Monitoring changes in regulatory environments and the evolution of consumer preferences towards sustainable seafood will also be crucial for understanding this sector.
Top countries in Whole Fresh Greater Forkbeard Production in Capture Fisheries for Human Consumption by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,322,900 | 2023 | +1.15% | -1.35% | View data |
| 2 | 2 Italy | 1,459,600 | 2023 | +6.73% | +9.43% | View data |
| 3 | 3 Ireland | 247,900 | 2022 | View data | ||
| 4 | 4 France | 53,890 | 2023 | -7.26% | +4.12% | View data |
| 5 | 5 Portugal | 19,150 | 2023 | -40.14% | -24.51% | View data |
| 6 | 6 Malta | 11,660 | 2022 | +94.48% | +186.87% | View data |
| 7 | 7 Denmark | 433.11 | 2022 | View data | ||
| 8 | 8 Norway | 57.98 | 2023 | +30.08% | View data | |
| 9 | 9 United Kingdom | 31.38 | 2023 | +5.6% | +15.16% | View data |
