In 2023, Spain led European Whole Fresh Atlantic Bonito production with a share of €38.64, followed by Italy and Greece, indicating a strong concentration in Southern Europe. Year-on-year, Spain and Portugal showed positive growth at 1.26% and 5.24%, respectively, while Greece, France, and other countries experienced declines, notably Greece with a 12.46% reduction. Noteworthy shifts include Malta's significant 9.77% increase, contrasting with Cyprus's massive 56.06% decline. The annual CAGR over the past five years revealed an average market contraction trend in several countries, especially France and Cyprus.
In the future, emphasis should be placed on the countries demonstrating growth, such as Malta and Portugal. The broader European market might be driven by ecological sustainability demands, fishing quotas, or changes due to climate impacts on fish populations. Monitoring regulatory shifts and technological advancements in sustainable fishing practices will be crucial for maintaining market share in this industry.
Top countries in Whole Fresh Atlantic Bonito Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 38.64 | 2023 | +5% | +1.26% | View data |
| 2 | 2 Italy | 25.39 | 2023 | -5.74% | -1.81% | View data |
| 3 | 3 Greece | 21.41 | 2023 | -39.73% | -12.46% | View data |
| 4 | 4 Portugal | 8.62 | 2023 | +92.49% | +5.24% | View data |
| 5 | 5 France | 4.28 | 2023 | -30.9% | -14.29% | View data |
| 6 | 6 Croatia | 1.02 | 2023 | -3.2% | +0.64% | View data |
| 7 | 7 Bulgaria | 0.47 | 2023 | -39.93% | -1.16% | View data |
| 8 | 8 Malta | 0.13 | 2023 | +2.45% | +9.77% | View data |
| 9 | 9 Slovenia | 0.02 | 2023 | -2.79% | -6.86% | View data |
| 10 | 10 United Kingdom | 0.006 | 2023 | +1.97% | -7.1% | View data |
