The European Fresh Smooth-hound market for human consumption in 2023 was led by Italy, with a value standing at EUR 2.8284 million. Italy showed a 6.37% year-on-year increase, suggesting stable growth. The United Kingdom, with a 0.32793 million value, grew by 5.33% YOY. Spain, at 0.2608 million, saw marginal growth of 0.97%, while Portugal, with a value of 0.2305 million, experienced significant growth of 8.76%. Croatia demonstrated the highest regional growth at 11.2%, with its value at 0.22462 million. The Netherlands, though with a smaller market size, showed a remarkable growth of 27.98%. Slovenia, with a value of 0.0156 million, grew by 10.25%.
Future trends to watch include increasing consumer demand for sustainable seafood, which may drive growth in countries like Portugal and Croatia. Additionally, the Netherlands' expected rapid expansion suggests potential market repositioning, particularly as countries emphasize capture fisheries' environmental impact. Monitoring economic policies affecting fishing rights and quotas will be crucial for forecasts.
Top countries in Fresh Smooth-hound Production in Capture Fisheries for Human Consumption 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 United Kingdom | 327,930 | 2023 | +2.38% | +5.33% | View data |
| 3 | 3 Spain | 260,800 | 2023 | -9.61% | +0.97% | View data |
| 4 | 4 Portugal | 230,500 | 2023 | +44.13% | +8.76% | View data |
| 5 | 5 Croatia | 224,620 | 2023 | +2.3% | +11.2% | View data |
| 6 | 6 Netherlands | 67,470 | 2023 | -7.72% | +27.98% | View data |
| 7 | 7 Slovenia | 15,600 | 2023 | +100.47% | +10.25% | View data |
