The data for 2024 forecasts reveals Slovenia leading production with a value of 20.1 thousand euros per metric ton, followed by Ireland at 19.12. Over the last two years, Cyprus has shown strong growth with a 4.78% increase year-on-year, while Spain, a notable player, experienced a decline of 5.32%. The Netherlands has emerged as a significant growth country with an 18.27% rise. Conversely, Bulgaria saw the largest decline at 7.03%. On average over the last five years, the sector has seen varied changes.
Looking forward, European countries may need to focus on sustainable fishing and adapting to environmental regulations, which could impact their standings. Trends such as technological advancements in fishing techniques, shifts in consumer preferences towards sustainably-sourced seafood, and potential effects of climate change on marine life will be key factors. Emerging markets like the Netherlands may continue to gain ground if they maintain their rapid growth trajectories. Monitoring these dynamics will be essential for stakeholders looking to capitalize on the European whole fresh shrimp and prawn market.
Top countries in Whole Fresh Shrimps and Prawns Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 20,100 | 2022 | -5.01% | View data | |
| 2 | 2 Ireland | 19,120 | 2022 | +6.81% | +35.36% | View data |
| 3 | 3 Cyprus | 15,950 | 2023 | +17.94% | +4.78% | View data |
| 4 | 4 Spain | 14,790 | 2023 | +3.14% | -5.32% | View data |
| 5 | 5 Portugal | 14,240 | 2023 | -7.14% | -1.7% | View data |
| 6 | 6 Netherlands | 13,350 | 2023 | +37.3% | +18.27% | View data |
| 7 | 7 France | 12,350 | 2023 | -16.83% | +2.13% | View data |
| 8 | 8 Italy | 10,810 | 2023 | -10.68% | +2.92% | View data |
| 9 | 9 Belgium | 9,600 | 2022 | View data | ||
| 10 | 10 Germany | 6,000 | 2023 | +0.39% | -2.32% | View data |
