The European market for fresh monkfish production in capture fisheries for human consumption shows varied performance across countries. In 2023, Cyprus led with the highest value per metric ton at €9,630, marking a significant 13.92% increase year-on-year. Spain followed with €7,400/metric ton, Italy at €7,000, and Croatia at €6,490, showing positive growth. France and Greece have modest valuations, while Iceland experienced a slight decline. Over the past five years, Cyprus exhibited the most substantial average annual growth.
Future trends to watch for involve potential shifts in demand due to sustainable fishing practices and regulatory changes tightening catch limits. Additionally, market dynamics may be influenced by consumer preferences towards local sourcing and environmental considerations, potentially impacting the valuation and volume of monkfish production in these European countries.
Top countries in Fresh Monkfishes Production in Capture Fisheries for Human Consumption by Country
| # | 7 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 9,630 | 2023 | -2.45% | +13.92% | View data |
| 2 | 2 Spain | 7,400 | 2023 | +26.79% | +2.34% | View data |
| 3 | 3 Italy | 7,000 | 2022 | View data | ||
| 4 | 4 Croatia | 6,490 | 2023 | -16.44% | +1.32% | View data |
| 5 | 5 France | 5,640 | 2023 | +0.092% | +0.58% | View data |
| 6 | 6 Greece | 4,410 | 2023 | -0.53% | +3.37% | View data |
| 7 | 7 Iceland | 3,230 | 2023 | -0.41% | -0.31% | View data |
