In 2023, Ireland led European whole fresh shrimp production in capture fisheries, valued at 26.18 thousand euros per metric ton. The Netherlands and France followed closely, with Italy, Spain, and Germany also significant contributors. Ireland's production value showed a healthy 7.75% year-on-year increase. Conversely, Germany and the UK experienced declines of 3.95% and 4.98%, respectively. Over the past five years, compound annual growth rate (CAGR) analysis indicated diverse trends, with some countries experiencing growth while others faced reductions, reflecting the dynamic nature of the market.
Future trends to watch involve potential increases in Irish and Dutch production due to favorable market conditions and possibly improved capture techniques. However, uncertainties in regulatory environments, climate changes, and competitive pressures may impact growth. Monitoring these factors will be crucial for stakeholders targeting opportunities within this sector.
Top countries in Whole Fresh Shrimp Production in Capture Fisheries by Country
| # | 9 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 26,180 | 2023 | +7.93% | +7.75% | View data |
| 2 | 2 Netherlands | 13,350 | 2023 | +37.3% | +18.27% | View data |
| 3 | 3 France | 12,700 | 2023 | +0.22% | +2.96% | View data |
| 4 | 4 Italy | 8,340 | 2023 | -48.2% | +7.4% | View data |
| 5 | 5 Spain | 7,430 | 2023 | +2.01% | -1.09% | View data |
| 6 | 6 Germany | 5,620 | 2023 | -6.05% | -3.95% | View data |
| 7 | 7 Portugal | 3,110 | 2022 | +2.83% | View data | |
| 8 | 8 United Kingdom | 2,270 | 2023 | -3.6% | -4.98% | View data |
| 9 | 9 Bulgaria | 1,680 | 2023 | -6.34% | -7.03% | View data |
