In 2023, Italy and Spain led the European Total Common Squids Production in Capture Fisheries with values of 14.32 and 13.3 thousand euros per metric ton, respectively. Over the past year, Italy saw a 4.79% increase, while Spain experienced a modest 1.93% rise. Portugal and Cyprus faced declines of 1.46% and 14.52%, respectively. The five-year average CAGR suggests mild growth for countries like Italy and Spain, but stagnation or decline for others like Portugal and Cyprus.
Future trends to watch include:
- Continued growth in Italy and Spain driven by innovation and sustainable practices.
- Potential recovery opportunities for countries like Cyprus with technological advancements.
- Overall market agility in adapting to changing environmental regulations and consumer preferences.
Top countries in Total Common Squids Production in Capture Fisheries by Country
| # | 8 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 14,320 | 2023 | -3.89% | +4.79% | View data |
| 2 | 2 Spain | 13,300 | 2023 | +60.78% | +1.93% | View data |
| 3 | 3 Netherlands | 8,910 | 2022 | View data | ||
| 4 | 4 Portugal | 7,890 | 2023 | -17.67% | -1.46% | View data |
| 5 | 5 Belgium | 7,000 | 2023 | -4.79% | +0.84% | View data |
| 6 | 6 United Kingdom | 5,140 | 2023 | +1.22% | -0.55% | View data |
| 7 | 7 Ireland | 4,920 | 2023 | +1.95% | +1.44% | View data |
| 8 | 8 Cyprus | 3,540 | 2023 | -15.02% | -14.52% | View data |
