In 2023, Spain led European capture fisheries for sharks, rays, and chimaeras with a significant share, despite a 4.11% decline. France and the UK followed, showing slight year-on-year declines and marginal growth, respectively. Norway and Croatia experienced notable increases, reflecting positive trends, while Italy saw a sharp decline. Emerging countries like Iceland, Bulgaria, and Romania showed impressive growth rates. Over the past five years, the market has shown considerable variation with political, environmental, and regulatory factors contributing to these changes.
Future trends to watch include potential regulatory changes aimed at sustainable fishing, which could impact production volumes. Additionally, advancements in sustainable fishing technology and shifting consumer preferences toward eco-friendly practices may influence production dynamics across European countries.
Top countries in Total Sharks, Rays, Chimaeras Production in Capture Fisheries Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 44.92 | 2023 | -7.44% | -4.11% | View data |
| 2 | 2 France | 25 | 2023 | +1.01% | -0.74% | View data |
| 3 | 3 United Kingdom | 10.1 | 2023 | -0.48% | +0.54% | View data |
| 4 | 4 Portugal | 6.05 | 2023 | -1.9% | -1.33% | View data |
| 5 | 5 Belgium | 3.58 | 2023 | +0.11% | +4.55% | View data |
| 6 | 6 Norway | 3.5 | 2023 | +5.25% | +7.64% | View data |
| 7 | 7 Italy | 2.36 | 2023 | +12.66% | -10.77% | View data |
| 8 | 8 Iceland | 1.86 | 2023 | +2.82% | +10.6% | View data |
| 9 | 9 Netherlands | 1.71 | 2023 | -6% | +5.97% | View data |
| 10 | 10 Greece | 0.86 | 2023 | -5.18% | -4.4% | View data |